Just Listed! Wendy’s 20 Year NNN Lease | Mississippi College Campus Location

Just Listed! Wendy’s 20 Year NNN Lease | Mississippi College Campus Location

Investment Highlights:

■ Wendy’s 20-Year NNN Lease with 7.5% Increases in Rent
Every 5 Years
■ Located Walking Distance to Mississippi College Main
Campus | More than 5,000 Students Enrolled
■ Directly Across the Street from a Busy Kroger Super Market
Anchored Shopping Center
■ Very Strong Sales | More than 30% Above the National
Average | Speak to Listing Agents for Details
■ Fee Simple Asset Allowing for Depreciation
■ Seven minutes from Industrial Park with Gulf State Canners,
McNeely Plastic Corp. and Taylor Power Systems
■ Retailers in the immediate area include Kroger, Advance
Auto Parts, Aspen Dental, AT&T, Enterprise Rent-A-Car, and
Walgreens
■ Wendy’s is considered an Essential Tenant

Investment Overview:

Marcus & Millichap is pleased to present for sale this Wendy’s Fast
Food Restaurant located in Clinton, Mississippi. At closing, the tenant
will sign a 20-Year Absolute NNN Lease with 7.5 percent increases in
rent every five years. This 3,020 Square Foot Restaurant with Drive
Thru is situated on a large .91-Acre parcel of land and is located
directly across the street from a busy Kroger Super Market Anchored
Shopping Center. This property is a short walk to Mississippi College
more than 5,000 students enrolled. This Wendy’s is a short 7 Minute
drive from Industrial Park which houses Gulf State Canners, McNeely
Plastics, and Taylor Power Systems. Retailers in the immediate area
include Kroger, Advance Auto Parts, Aspen Dental, AT&T, Enterprise
Rent-A-Car, and Walgreens. Clinton is a city in Hinds County
Mississippi situated in the Jackson Metropolitan Area and it is the
tenth largest city in Mississippi with a population of 25,216.
Wendy’s is an international fast food restaurant chain founded by Dave
Thomas on November 15, 1969, in Columbus, Ohio, United States. As
of January 2019, there were a total of 6,711 locations, including 353
that are company-owned. 6,358 restaurants are franchised, and 77
percent of them are located in North America. (In 2016, Wendy’s was
the world’s third largest hamburger fast-food chain, following Burger
King’s 12,000 plus locations and McDonald’s with over 31,000 plus
locations.)

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