Retail Space
4423 West Wendover Avenue Greensboro, NC 27407
Details & Description
Price: $7,116,229
    Brisky Net Lease is pleased to offer this master leased portfolio of two TGI Fridays locations in Greensboro, NC and Richmond, VA. Appreciate the NNN structure with zero landlord responsibilities, 10+ years of term remaining and annual rent bumps to hedge inflation. The restaurants are operated by TGI Fridays 2nd largest franchisee, United Restaurant Group L.P., which has 15 TGI Fridays locations in 3 states with plans for continued growth. Both locations are in great growing markets situated on top tier sites with great visibility and strong traffic counts. Investors will appreciate the opportunity to invest in a popular, highly recognizable international restaurant chain with a proven track record for performance.TGI Fridays was founded in 1965 and is headquartered in Dallas, TX. As the original casual dining bar and grill, TGI Friday offers authentic American food and legendary drinks, served with genuine personal service. TGI Friday proudly serves guests with over 850 restaurants in more than 55 countries and nearly 74,000 skilled and knowledgeable team members.*The TGI Fridays locations in Greensboro and Richmond are encumbered by one unitary master lease with no allocated rents within the lease.Broker of Record: Bang Realty-North Carolina, Inc | Brian Brockman NC #298998Broker of Record: Bang Realty, Inc | Brian Brockman VA #225245999
    Property Highlights
    Additional Photos
    Listing Agents
    Brian Brisky

    O: 612-413-4200
    M: 715-529-4441
    info@brisky.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    4423 West Wendover Avenue

    Greensboro, NC 27407

    No Longer Listed
    • 4423 West Wendover Avenue Greensboro, NC 27407 | for Sale | Photo 1
    • 4423 West Wendover Avenue Greensboro, NC 27407 | for Sale | Photo 2
    • 4423 West Wendover Avenue Greensboro, NC 27407 | for Sale | Photo 3
    • 4423 West Wendover Avenue Greensboro, NC 27407 | for Sale | Photo 4
    • 4423 West Wendover Avenue Greensboro, NC 27407 | for Sale | Photo 5
    • 4423 West Wendover Avenue Greensboro, NC 27407 | for Sale | Photo 6
    4423 West Wendover Avenue | for Sale | Thumbnail 1
    4423 West Wendover Avenue | for Sale | Thumbnail 2
    4423 West Wendover Avenue | for Sale | Thumbnail 3
    4423 West Wendover Avenue | for Sale | Thumbnail 4
    4423 West Wendover Avenue | for Sale | Thumbnail 5
    4423 West Wendover Avenue | for Sale | Thumbnail 6
    Price
    $ /mo
    Property Highlights
    Absolute NNN Lease with Zero Landlord Responsibilities
    Great Locations, Visibility, Signage & Traffic Counts
    Over 10 Years Remaining and Annual Rent Bumps
    Second Largest TGI Fridays Franchisee
    Long Term Established National Tenant
    Annual Sales Reporting
    Description

    Brisky Net Lease is pleased to offer this master leased portfolio of two TGI Fridays locations in Greensboro, NC and Richmond, VA. Appreciate the NNN structure with zero landlord responsibilities, 10+ years of term remaining and annual rent bumps to hedge inflation. The restaurants are operated by TGI Fridays 2nd largest franchisee, United Restaurant Group L.P., which has 15 TGI Fridays locations in 3 states with plans for continued growth. Both locations are in great growing markets situated on top tier sites with great visibility and strong traffic counts. Investors will appreciate the opportunity to invest in a popular, highly recognizable international restaurant chain with a proven track record for performance.

    TGI Fridays was founded in 1965 and is headquartered in Dallas, TX. As the original casual dining bar and grill, TGI Friday offers authentic American food and legendary drinks, served with genuine personal service. TGI Friday proudly serves guests with over 850 restaurants in more than 55 countries and nearly 74,000 skilled and knowledgeable team members.

    *The TGI Fridays locations in Greensboro and Richmond are encumbered by one unitary master lease with no allocated rents within the lease.

    Broker of Record: Bang Realty-North Carolina, Inc | Brian Brockman NC #298998
    Broker of Record: Bang Realty, Inc | Brian Brockman VA #225245999

    Greensboro Area Market Trends

    Listing Demographics for 4423 West Wendover Avenue Greensboro, NC 27407

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population7,67067,390146,406
    Population Median Age363839
    Population by Age0-9 Yrs985 (12%)8566 (12%)17079 (11%)
    10-19 Yrs553 (7%)6970 (10%)17281 (11%)
    20-29 Yrs1676 (21%)12472 (18%)24828 (16%)
    30-39 Yrs1575 (20%)9660 (14%)19540 (13%)
    40-49 Yrs946 (12%)8286 (12%)18285 (12%)
    50-59 Yrs605 (7%)7606 (11%)17971 (12%)
    60-69 Yrs769 (10%)7043 (10%)16181 (11%)
    70+ Yrs561 (7%)6786 (10%)15241 (10%)
    Median HH Income$58,488$52,066$56,819
    Total Household Income< 24K428 (11%)6568 (22%)12153 (19%)
    25-49K1055 (28%)7836 (26%)15364 (24%)
    50-74K818 (22%)5547 (18%)11650 (18%)
    75-99K707 (19%)3947 (13%)7654 (12%)
    100-199K584 (15%)4651 (15%)11470 (18%)
    200K+60 (1%)1228 (4%)3410 (5%)
    Highest Education LevelNo Diploma25938548242
    Diploma or GED655866818821
    Some College1172999920888
    Assoc. Degree64245288679
    Bachelors Degree17881326028691
    Higher Degree1207658015787
    Total Housing Units4,05732,82967,347
    --Owner-Occupied1,48813,00933,238
    --Renter-Occupied2,16416,76828,465
    Owner-Occupied Values< 100K26320825082
    100-199K1037602012949
    200-299K14330248509
    300-399K1511934136
    400-499K03181342
    500K+303721220
    Total Working Age Population6,32154,811120,131
    In Work Force4,66037,20780,616
    Not In Work Force1,66117,60539,515
    Workforce Employed4,41335,42476,502
    Workforce Unemployed2471,7494,022
    Civlian Workforce4,66037,17380,524
    Military Workforce03392
    Total Households3,65129,77661,703
    Family Households1,93815,68035,023
    Non-Family Households1,71314,09626,681
    Married Couple1,25410,05223,991
    Other Family6845,62811,031
    Married w/Child5334,2459,263
    Single Male w/Child1518061,474
    Single Female w/Child2612,6325,041

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    North Carolina8,049,313+189,535,483+1110,630,691+1111,836,070
    Guilford County421,048+16488,406+12545,348+13615,227

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 4423 West Wendover Avenue in Greensboro?
    The asking price for 4423 West Wendover Avenue is $7,116,229
    What is the building size of this Retail property in Greensboro, NC?
    The size of the building/unit at 4423 West Wendover Avenue in Greensboro is 16,022 square feet
    How much land does the Greensboro, NC property at 4423 West Wendover Avenue include?
    4423 West Wendover Avenue in Greensboro includes 4.170 acres of land
    What kind of Retail is the propery at 4423 West Wendover Avenue?
    The property at 4423 West Wendover Avenue Greensboro, NC 27407 is listed as a Food Service Retail property
    What is the population within 1 mile of 4423 West Wendover Avenue in Greensboro?
    The population within 1 mile of 4423 West Wendover Avenue Greensboro, NC 27407 is 7,670 people.
    Who do I contact for questions about 4423 West Wendover Avenue?
    You should contact the listing agent, Brian Brisky, for any details regarding this commercial listing.

    Other Listings for Sale Nearby

    Address Price Sq Ft Acres
    4405 West Wendover Avenue, Greensboro, NC CALL 9000 -
    1629 Stanley Road, Greensboro, NC CALL 10827 1.08
    4653 West Market Street, Greensboro, NC $9,800,000 152030 12.42
    6912 Downwind Road, Greensboro, NC $1,200,000 5310 6.13
    3022 High Point Road, Greensboro, NC $10,610,000 125803 11.96
    4112 Brian Jordan Place, High Point, NC $4,299,000 9100 1.38
    3915 Sedgebrook Street, High Point, NC $2,600,000 6950 1.5
    7611 Thorndike Road, Greensboro, NC $2,631,000 5744 -
    5835 Samet Drive, High Point, NC $2,200,000 10336 1.82
    4005 Precision Way, High Point, NC CALL 6970 1.4

    Closest Commercial Airports

    Airport Distance (mi)
    Piedmont Triad International Airport (GSO) 4
    Raleigh Durham International Airport (RDU) 63
    Charlotte Douglas International Airport (CLT) 83