5713 University Parkway   |  5713 University Parkway   |   2,963 sf

  • TO LEARN MORE ABOUT THIS PROPERTY, CONTACT:

    Tommy Adams at tommy@ltpcommercial.com

    In August of 2014, NPC Quality Burgers Inc., the nation’s largest Wendy’s franchisee, entered into a brand new 20-year NNN lease. The lease includes 10 percent rent increase every five years, with 4 five-year renewal options. The NNN structure of the lease assures no landlord responsibilities. NPC Quality Burgers Inc. currently operates 385 Wendy’s Stores.

    Address:5713 University Parkway
    City:Winston-Salem
    Zip:27105
    Locator:Wendy's
    Avail sf ± 2,963
    Price$1,867,925
    Price/sf$33.41
  • Aerial Map
    Aerial Photo
  • PROPERTY DETAILS

    Property Type Investment
    Retail
    Avail sf ± 2,963
    Year Built ±Renovated in 2017
    Acres ±1.24
    SprinkleredYes

    UTILITIES

    ElectricalYes
    WaterYes
    SewerYes
    AirYes
    HeatYes
    GasYes

    TAX INFORMATION

    County:Forsyth , NC

    PRICING & TERMS

    Price$1,867,925
    Price/sf$33.41
    NOI$99,000
    Cap Rate5.30%
    CommentsIn August of 2014, NPC Quality Burgers Inc., the nation’s largest Wendy’s franchisee, entered into a brand new 20-year NNN lease. The lease includes 10 percent rent increase every five years, with 4 five-year renewal options. The NNN structure of the lease assures no landlord responsibilities. NPC Quality Burgers Inc. currently operates 385 Wendy’s Stores.