7569 Poplar Avenue Germantown, TN 38138

Posted: 08/14/2017 4:50 pm | On HOMEiZ: 2451 days | Updated: 6 years ago | Views: 3441

Location Map

Property Type

Property status

Sold

Property Price

Asking Price

$889660

Last Sold Price

$889660

Last Sold Date

05/18/2017

Property Location & Description

Listing Headline

7569 Poplar Avenue Germantown, TN 38138

Property Description

Located at 7569 Poplar Avenue in Germantown, Tennessee 38138. Germantown is a city in Shelby County, Tennessee. It is a suburb of Memphis, being less than 15 miles away from the city.

Tenant Information

Tenant Overview

National Tenants (Public company)

No. of Locations

6,500

Total Revenue

$1.44B

Headquarters

Dublin, OH

Tenant/Company Website

https://www.wendys.com/

Tenancy Type

Tenancy

Single

Tenant is a Franchise

Yes

Number of Tenants

Corporate Overview

Stock Symbol

WEN

Property Overview

Year built

1983

Overall Property Condition

Very good

Construction Status

Exist

Total Building Sq. Ft.

2546

Total Lot Size

31668 Sq. Ft.

Net Leasable Area

2546 Sq. Ft.

APN#

N/A

Parking Type

Off-street

Distressed

Number of Floors

Income

Commission split %

Price per Sq. Ft.

$349

Cap Rate

NOI

Rent to sales ratio

Annual Property Tax Rate for this property

Responsibility for Property Tax increase

Tenant

Lease overview

Lease Remaining Years

years:

Renewal Options

Annual Rent Increase %

N/A%

Lease Guarantor

Lease Structure

Lease Type

100% Absolute Triple Net Lease (NNN Lease)

Sewer

Type of Sewer

Sewer System (Public)

Investment Overview

Type of use

Investor

Ownership Overview

Ownership Type

Fee simple absolute

Property Highlights

More information

Listing Info

Listing ID: 663

Sold

For Sale

$889,660

Listing Presented by

Disclimer: Any information relating to a property referenced on HOMEiZ.com comes from the listing provider who wishes to post a listing on HOMEiZ.com. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. HOMEiZ does not verify the property information submitted in HOMEiZ.com and cannot guarantee the accuracy of the information. No warranties or representations are made of any kind. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

7569 Poplar Avenue . Germantown , TN 38138