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Wendy’s Triple-Net Lease (NNN) Loan Funded

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LTV (Loan to Value) 44.00% Current NOI
Interest Rate 4.050% Cap Rate 0.000%
Fixed Term 10 Years Land Area
Amortization 25 Years Lease Type
Loan Amount Property Type
Payment $0.00 Property Lease
Building Size Remaining Terms

Location Description

Fort Worth is the 16th-largest city in the United States and the fifth-largest city in the state of Texas. Located in North Central Texas, the city is a cultural gateway into the American West and covers nearly 350 square miles in Tarrant, Denton, Johnson, Parker, and Wise counties - serving as the seat for Tarrant County. According to the 2010 census, Fort Worth had a population of 741,206. the city is the second-largest in the Dallas - Fort Worth - Arlington metropolitan area. The Dallas - Fort Worth Metroplex (DFW, the Metroplex) is the largest Metropolitan Statistical Area (MSA) in Texas and the fourth largest in the United States. This dynamic 12-county region is the economic and cultural hub of the region commonly referred to as North Texas or the Metroplex. As the nation's fasting growing metropolitan area, DFW has led population growth over the last decade, adding 1.3 million people - a 25 percent increase. The official 2012 U.S. Census estimate is 6,700,991, an increase of 131,879 residents from the prior year. It is projected that by the year 230, the Dallas/Fort Worth population will increase by an additional 37% to over 9.2 million people living in the Metroplex. The DFW area has the 6th largest gross metropolitan product (GMP) in the United States, and the 10th largest GMP in the world. DFW also has the largest, most educated workforce in the state of Texas, and leads the state in public university and community college students with over 442,000 enrolled. DFW is currently the 5th largest global explorer in the country and the largest regional exporter to Canada, Mexico and China, with over $60 billion in annual imports and exports.

Highlights

Brand New Construction – Store to be constructed in 2015. Long Term Ground Lease – Twenty (20) year primary lease term with four (4), five (5) year options. Attractive Rental Increases – 10% every five (5) years, including options. Walmart Supercenter Pad Site – The subject Property is a pad site to the newly developed 500,000 square foot Renaissance Square Shopping Center anchored by Walmart Supercenter. Close Proximity to Hospital, Country Club, and Major University – The subject Property is located near John Peter Smith Hospital, Glen Garden Golf & Country Club, and Texas Christian University. Excellent Visibility and Access – Located near the intersection of East Berry Street and Martin Luther King Jr Freeway, with an estimated traffic flow of approximately 62,000 VPD.

NNN Loans Funding

Triple-Net Lease Financing arranged by NNNLenders. Offering Triple Net NNN Property Loans.