535 East Highway 24, Moberly, MO 65270

LONG-TERM SALE LEASEBACK: Wendy’s will sign a brand-new, 20-year Absolute NNN Lease with six (6), 5-year renewal options at the close of escrow.

ATTRACTIVE RENT INCREASES: The lease features attractive 10% rent increases every five years throughout the primary lease term and at the start of each renewal option, providing the investor with an attractive increase in revenue and a hedge against inflation.

ZERO LANDLORD RESPONSIBILITIES: The Wendy’s lease is Absolute NNN and requires zero landlord responsibilities. The tenant is solely responsible for all service, maintenance, repairs, and replacements, making it an attractive investment for the passive real estate investor.

STRONG OPERATOR: This location is leased to Wendy’s of Missouri, Inc., a 41-unit entity that is owned and operated by Hamra Enterprises, a prominent franchisee and operator of quick-service restaurants across the United States. Founded in 1975, Hamra Enterprises operates multiple franchise brands, boasting a strong presence in the Midwest and New England regions. The company’s diverse portfolio comprises strong national restaurant brands, including Panera Bread, Wendy’s, Caribou Coffee, and Noodles & Company. Hamra Enterprises owns and operates over 195 restaurants.

STRATEGIC RETAIL LOCATION: Wendy’s is prominently located along East Highway 24, one of Moberly’s primary commercial and commuter routes. The Property is surrounded by major national retailers including Walmart Supercenter, Lowe’s, ALDI, and Walgreens that drive consistent traffic to the area, and is positioned within the city’s dominant retail corridor. The Property benefits from close proximity to Moberly’s residential neighborhoods, schools, and Moberly Regional Medical Center, while its location near the intersection of US Highway 24 and US Highway 63 provides excellent regional connectivity throughout north-central Missouri.

TRAFFIC COUNTS: More than 14,700 vehicles pass the Property each day along 535 East Highway 24; Wendy’s is just off of Highway 63 which sees over 11,300 vehicles per day for a total exposure of over 26,000 vehicles per day.

RETAIL TRADE AREA: Retailers bringing consumers to the retail trade area include Walmart Supercenter, Lowe’s, Aldi, Tractor Supply Co, Walgreens, Dollar Tree, McDonald’s, Commerce Bank, O’Reilly Auto Parts, Murphy USA, Taco Bell, Break Time, Equity Bank, Goodwill, Pizza Hut, Scotter’s Coffee, Hardee’s, Central Bank, Little Caesar’s, County Bank, Long John Silver’s, Domino’s, Phillips 66, Sonic, Dollar General, and AutoZone.

DEMOGRAPHICS: Over 11,600 people live within 3 miles of the Property with an average household income of $64,920.