Wendy's - Kalamazoo MSA | 390+ Unit Operator
New 20-Year Lease with Zero Landlord Responsibilities
Marketing description
Successful Store with a 7.5% Rent-to-Sales Ratio
New, 20-Year Wendy’s Sale-Leaseback
Freeway-Close Location – Less Than ½ Mile From Interstate-94, Connecting Detroit to Chicago with a Traffic Counts Exceeding 46,000 Cars Per Day
Investment highlights
Prime Retail Location
Highly-Trafficked Location Located on the Corner of a Signalized Intersection (Combined Traffic Counts Exceed 20,000 Cars Per Day)
Located on Main Retail Corridor in Close Proximity to Several Major Retailers such as Walmart, Tractor Supply Co, Speedway, Jimmy John’s, Family Fare Supermarket, CITGO, Walgreens, Taco Bell, AutoZone, Advance Auto Parts, and Many More
Affluent Area with the Average Household Income Exceeding $92,000 within 5 Miles
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
Broker of Record: Paul Kerber – License: 6502433613
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