Wendy's | Absolute NNN Lease

Highlights:

• Highly Visible Location – The subject property is ideally located along major roadways, and sees over 50,200 VPD on Branch Avenue and 10,324 VPD on Old Silver Hill Rd.
• Absolute NNN Lease – The tenant is responsible for all expenses providing an investor with passive income and no landlord responsibilities.
• Superior Sales Performance – This Wendy’s location generated approximately $3,839,352 in 2024 annual sales, substantially exceeding the national average of $1.98 million per location. The rent to sales ratio is 6.3% indicating a highly profitable unit.
• Long-Term Lease – The primary lease term was recently extending has over 15 years remaining and one, 5-year option to extend.
• Affluent Submarket – The average household income in the surrounding 5 miles is over $98,861 per year with consumer spending coming in at approximately $5.2B per year.
• Long Operating History – Tenant has successfully operated at this location for over 16 years and averages approximately 35,337 customer visits per month according to AlphaComposite data.
• Proximity to Popular Retailers – Popular retail destinations in the surrounding area include The Shops at Iverson, 7-Eleven, CVS, Chipotle, Giant, and many others.
• Exceptional Population Density – With over 360,000 residents within 5 miles, this location is supported by a strong and consistent customer base, with positive population growth trends and average household incomes exceeding $80,000 further underpinning long-term demand.
• Tenant-Funded Capital Improvements – In 2022, the tenant completed a full façade upgrade at their own expense, demonstrating a strong commitment to the location and enhancing the property’s long-term value and curb appeal.

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