Wendy's 20-Year NNN Lease

8521 Concord Mills BLVD., Concord, NC 28027
Absolute NNN Lease Type
$275,000 Current Rent
2655 Building SF
1.442 Land Acres
2017 Year Built
38,625/day Traffic Counts

Optimal Lease Structure

  • Unlock the potential of this prime investment opportunity with a conservative rent-to-sales ratio of just 7%! This STNL property at 8521 Concord Mills BLVD. promises a lucrative return on investment that savvy buyers won't want to miss out on.
  • Attractive Rental Increases of 10% every five years
  • 20-Year Absolute Triple Net (NNN) Lease; Passive Investment Offering a Long-Term Security of Cash Flow

Compelling Location Fundamentals

  • Strong Traffic Counts | North Crescent Boulevard and NJ-90 | 56,488 and 38,625 Vehicles Respectively
  • Dense Retail Corridor | Surrounded by Rite Aid, Gulf Gas, TD Bank, Family Dollar, 7-Eleven, Burger King, Wawa as Well as Others.
  • Strong Demographics | 491,408 Residents Within a Five-Mile Radius of Subject Property
  • Compelling Location Fundamentals |Located Near Rutgers University and Temple University
  • Affluent Educational Presence |Rutgers University, Temple University and Maple High School| Combined Total Enrollment: 107,987 Students | Located Within a Ten-Mile Radius of Subject Property
  • Philadelphia International Airport | 30 Million Passengers Annually| Less than a 30-Minute Drive from Subject Property

About Concord

  • Concord is the county seat and the largest city in Cabarrus County, North Carolina; Concord is the second largest city in the Charlotte Metropolitan Area
  • Home to some of North Carolina’s top tourist destinations, including NASCAR’s Charlotte Motor Speedway and Concord Mills, a 1.4 million square foot shopping mall

About Charlotte

  • Most populous city in the U.S. state of North Carolina
  • 2017 U.S. Census Bureau estimated the population was 859,035, making it the 17th-most populous city in the United States
  • Charlotte metropolitan area’s population ranks 22nd in the U.S.

Location Highlights

  • The property is located in Concord, North Carolina, a city known for its vibrant community and strong economy. Concord is home to the popular Concord Mills shopping mall, which attracts millions of visitors each year.
  • Concord is also known for its NASCAR roots, being the location of Charlotte Motor Speedway and the headquarters for many NASCAR teams. This brings a unique energy and tourism to the area.
  • The property is situated near major highways, including Interstate 85 and Interstate 485, providing excellent accessibility and visibility for businesses in the area.
  • The area around the property features a mix of commercial and residential developments, offering a diverse customer base for businesses looking to establish a presence in the community.
  • Concord is part of the Charlotte metropolitan area, providing access to a wide range of amenities, services, and a growing population that contributes to the overall economic growth of the region.

Location & Neighborhood

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