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Wendy's

$1,667,000

1524 East 30th Avenue, Hutchinson, KS 67502

Active
Last Updated: 06/16/2026

5.4

Cap Rate

90,000

NOI

Details:
Cap Rate:    5.4%
NOI:    $90,000
Building Size:    2,228 sqft
Lot Area:    0.79 acres
Lease Type:    Absolute Net
Year Built:    2026
Tenancy:    Single
Parking Spots:    39
Highlights:
  • 25-year absolute net ground lease featuring 10% rental increases every 5 years
  • Brand-new 2026 construction with drive-thru
  • Pad to #1 ranked Dillons location nationwide (per Placer.ai)
  • Direct ingress/egress from E 30th Avenue – 14,975 VPD
  • Experienced 122-unit Wendy’s franchisee: Cotti Foods – almost 60 years of operating history
  • Hutchinson is the largest city in Reno County (~40,000 residents) and serves as the primary retail and dining hub for Reno County and surrounding communities
  • Limited direct competition from national QSR brands compared to larger metros supports unit-level sales stability
Description:

Brand-new, 25-year absolute net ground lease featuring 10% rental increases every 5 years throughout the base terms and options with zero landlord maintenance or expense obligations making it ideal for passive investors. The subject property is a new construction building with a drive-thru and the operator is an experienced 122-unit Wendy’s franchisee.

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Documents:
Title
Wendys_HutchinsonKS.pdf
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