Build-to-Suit Relocation Store (2021 Construction): Purpose-built Wendy’s developed in 2021 as a relocation just four parcels away, strategically positioned to capture greater daytime traffic from nearby employment centers. Features one of Wendy’s latest prototypes with enhanced operational efficiency, curb appeal, and long-term durability.
Adjacent to Major Employment Drivers: Positioned minutes from the 2.8M SF Nike North America Logistics Campus (~1,600 employees) and a 1M+ SF Amazon Fulfillment Center (~1,000 employees), delivering strong daytime demand and consistent year-round traffic.
Institutional-Grade Tenant: Meritage Hospitality Group Guaranty: Operated by Meritage (NASDAQ: MHGU), the largest Wendy’s franchisee with 350+ units nationwide. Publicly traded and professionally managed, offering superior credit quality and operational stability.
Long-Term Absolute NNN Lease: Over 16 years remaining on a true NNN lease, offering passive income with no landlord responsibilities. Backed by a high-performing operator and modern prototype, minimizing rollover risk and enhancing income reliability.
Tax-Advantaged Location: Tennessee is an income tax-free state to those who qualify, contributing to stronger net returns for investors seeking long-term capital preservation or 1031 exchange opportunities.