Long-Term Absolute NNN Lease
- There are over ±14.5 years remaining on an absolute triple-net lease with zero landlord responsibilities, providing a truly passive investment with annual increases.
New Construction Drive-Thru
- This 2020 new development is Wendy’s new prototype building, providing an investor with a top-quality property. The property has great access and visibility with 2 curb cuts and sitting at a signalized intersection.
Strong Lease Guarantor
- Lease guaranteed by Meritage Hospitality Group Inc., one of the largest Wendy’s franchisees in the U.S., operating 385+ units across 16 states and generating $668 million in 2024 revenue. Headquartered in Grand Rapids, Michigan, with 12,000+ employees, Meritage’s scale and operational experience provide exceptional tenant stability.
Prime Location & Visibility
- Situated just off the off-ramp of US-31 and Washington Ave, directly across from Family Fare Super Market, with combined traffic counts exceeding 42,000+ vehicles per day (highway traffic included).