Wendy's Restaurant Ground Lease
Wendy's Ground Lease | 3,500 SF
Marketing description
Located at the prime corner of Harlem Avenue and Madison Street in Oak Park, the subject ground lease is well located on a hard corner with a stoplight making it a desired location for Wendy’s. The ground lease is secured by Wendy’s Corporate (not franchisee) and has been in place since 1985. The ground lease has no landlord responsibilities, tenant pays all expenses, taxes, and maintenance of the site. The site is located just north of the full interchange at Harlem Avenue and I-290 and just west of downtown Oak Park to the west.
Investment highlights
Single tenant ground lease (no landlord responsibilities)
Multiple lease options through 2040
Corporate lease
Strong re-development potential
High traffic counts 34,800 VPD on Harlem Avenue & 13,500 VPD on Madison Street
MS Zoning (Madison Street Zoning District)
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