Property History
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Marketing Description
CBRE is offering to qualified investors the opportunity to purchase the fee
simple interest in the ±3,752-square-foot retail building located at 143 Texas State Highway 46 in New Braunfels, Texas (the “Property”). The building is 100% leased to Wendy's - the world's third-largest quick-service fast food chain.
Investment Highlights
- NEW, 15-YEAR ABSOLUTE NNN LEASE (CORPORATE) | INDUSTRY-LEADING QSR CONCEPT
- Wendy's is the 3rd-largest quick-service, fast-food hamburger restaurant chain worldwide with more than 6,500 mostly franchised restaurants globally
- In 2017, Wendy’s has garnered a 4% share of the $247 billion U.S. fast food market
- To meet the growing convenience demands from on-the-go consumers, Wendy's is investing in mobile ordering as well as delivery using such services as DoorDash
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Contact Information
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