Kyle Gulock

Prime commercial property For Sale/For Lease or Ground lease opportunity in densely populated San Diego County.​ Bank of America is vacating the property in January 2025.​ 30,000 square feet of land, boasting an impressive history with the previous tenant occupying the space for 45 years.​ This rare find includes a multi-lane drive-thru branch setup, offering convenience and accessibility for customers.​ Situated on a highly visible corner parcel, the property enjoys exceptional visibility with a daily traffic count of 26,000 vehicles per day at the intersection.​ Whether for sale or lease, this versatile property presents an ideal opportunity for businesses seeking maximum exposure and a strategic location in one of California's most coveted areas.​

Outstanding Investment Opportunity: Presenting a brand-new Wendy’s in the rapidly growing city of Portage, IN, this property offers a unique chance to secure a stable, long-term income stream.​ Featuring a 20-year sale-leaseback agreement with Meritage Hospitality Group, one of the largest and most reputable Wendy’s franchise operators, this asset provides exceptional security for investors.​ The lease is structured as an absolute net lease, meaning the tenant is responsible for all property-related expenses, ensuring minimal landlord obligations.​ Additionally, the property offers 1.50% annual rent increases, allowing for steady income growth throughout the lease term.​ Located in a high-demand area with an average household income of $90,000, the site benefits from strong local demographics, increasing its potential for consistent customer traffic and long-term operational success.​ This new construction is strategically positioned in a prime location, further enhancing its investment appeal.​ With a trusted tenant, growth-oriented lease terms, and an attractive economic environment, this Wendy’s in Portage, IN, represents a premier opportunity for investors seeking a reliable, long-term asset with upside potential.​

Century Partners Real Estate, Inc.​, in association with broker of record Danielle McLaughlin and ParaSell, Inc.​, is pleased to present an exclusive offering to acquire a single-tenant property leased to one of the top Zaxby’s operators (ZaxNC) in the system (the “Property”).​ Secured by a 20-year absolute triple net lease and 10% rent increases every 5 years, this structure ensures a predictable rental income while significantly reducing management responsibilities for property owners.​ Investors enjoy a reliable return on investment without day-to-day operational burdens benefiting from a hands-off approach.​

Kyle Gulock

About Kyle Gulock

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Recent property sales & transaction history

3 properties

Portage

Properties for sale by listing agent Kyle Gulock

$4,950,000

$3,756,521

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