September 17, 2025 – Justin Spillane and Kyle Danielson of Horvath & Tremblay have successfully completed the sale of Wendy’s in Sherrills Ford, North Carolina. Horvath & Tremblay represented the buyer to complete the transaction at a sale price of $2,100,000.
Wendy’s is located at 7900 Bradley Long Drive in Sherrills Ford, North Carolina. The new construction Wendy’s occupies a 2,239 square foot building positioned on a 1.01-acre parcel of land. Wendy’s has a corporate 20-year Absolute NNN Ground Lease with four (4), 5-year renewal options. The lease features attractive 10% rent increases every five years throughout the primary lease term and at the start of each renewal option, providing the investor with an attractive increase in revenue and a hedge against inflation. Wendy’s is situated along Jameson Way (NC Route 150) in the heart of a recently developed commercial cluster. Wendy’s is adjacent to Chick-fil-A and is across the street from The Village Shoppes, a Publix anchored center. The Property enjoys outstanding visibility and frontage and is surrounded by national retailers and restaurants that drive traffic to the area. Additionally, the Property is convenient to area new residential developments that provide a built-in customer base. Sherrills Ford is positioned along the banks of Lake Norman, approximately 30 miles north of Charlotte.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.