Long-Term Absolute NNN Lease

• There are over ±7.5 years remaining on an absolute triple-net lease with zero landlord responsibilities, providing a truly passive investment with a 5% rental increase in 2028 and 5% at every option period.

Prime Location & Visibility

• Situated just off the off-ramp/on-ramp of US-131 and on Centre Ave, providing convenient access for customers traveling. The site has fantastic traffic with on highway signage and a combined traffic counts exceeding 46,000+ vehicles per day.

Strong 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.

Asset Profile & Site Amenities

• The ±3,082 SF freestanding building with drive-thru is situated on a large parcel of ±1.63 acres, featuring 2 curb cuts for great access and recently reconstructed drive thru windows