Wendy's | New 20-Year Abs NNN | 390+ Unit Operator
Outparcel to Kroger-Anchored Center
Marketing description
Brand New, 20-Year Wendy’s Sale-Leaseback | Next Gen Prototype Store
Outparcel to Kroger-Anchored Shopping Center
Prime Retail Location
Highly-Trafficked Location Near the Intersection of Gratiot Ave and 31 Mile Rd (Combined Traffic Counts Exceed 28,000 Cars Per Day)
Located in Front of the Only Major Grocery Store within a 6-Mile Radius, Providing for a Consistent Flow of Customers to the Subject Property
Located on Main Retail Corridor in Close Proximity to Several Major Retailers such as Tractor Supply, Jimmy John’s, T-Mobile, Great Clips, CVS, O’Reilly Auto Parts, Verizon, AT&T, Tropical Smoothie Café, Speedway, AutoZone, PNC Bank, and Many More
Affluent Area with the Average Household Income Exceeding $87,000 within 3 Miles
Investment highlights
Experienced Wendy’s Franchisee
Absolute NNN Property with Zero Landlord Responsibilities – Ideal for Investors Not Local to the Market
Meritage Hospitality Group is One of the Largest Wendy’s Franchisee’s in the Country with Over 12,000 Employees and 380 Locations in 16 States
Scheduled 1.5% Annual Rental Increases Throughout the Initial Term Provide for an Excellent Hedge Against Inflation
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