860 Main St, Clinton, MA 01510

LONG TERM LEASE: The new construction Wendy’s features a 15-year Absolute NNN Ground Lease with six (6), 5-year renewal options. The lease features attractive 10% rent increases every five years throughout the primary lease and at the start of each renewal option.

ZERO LANDLORD RESPONSIBILITIES: Wendy’s has a ground lease and is responsible for real estate taxes, insurance, operating expenses, repairs and maintenance, and capital repairs to the Property making it an attractive investment for the passive investor and protecting the in-place cash flow against rising costs of service and labor. The property is governed by a very simple shared access/REA agreement.

SCHEDULED RENT INCREASES: The Wendy’s ground lease calls for attractive 10% rent increases every five years throughout the primary lease term, as well as at the start of each renewal option period, providing a steady increase in income and an attractive hedge against inflation.

DYNAMIC OPERATOR: This location is leased to Wendy’s of New England, LLC, a 30+ 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.

OUTSTANDING LOCATION: Wendy’s enjoys outstanding frontage and visibility along Main Street in the heart of Clinton’s commercial district. The Property is positioned between Hannaford and Shaw’s, Clinton’s two grocers, and is convenient to the area’s national and local retailers, all of which drive traffic to the area. Wendy’s is seconds from two large industrial complexes, UMass Memorial HealthAlliance – Clinton (Hospital), area schools and is close to residential neighborhoods providing a built-in customer base. Clinton is part of the Worcester MSA and is convenient to Interstates 195 (4.5 miles) and 495 (6 miles) providing access to the broader area and Boston’s Metro West markets.

VISIBILITY & SIGNAGE: Wendy’s benefits from outstanding frontage and visibility along Main Street. The Property has several points of access and prominent building signage.

TRADE AREA: Additional national retailers and restaurants drawing consumers to the trade area include Hannaford, Shaw’s, CVS, AutoZone, Tire Warehouse, Chase Bank, McDonald’s, Starbucks, Domino’s, Subway, Dunkin’, Cumberland Farms, Yatco, and numerous local retailers and restaurants.

STRONG DEMOGRAPHICS: Over 35,400 people live within a 5-mile radius of the Property with an average household income of over $150,411. More than 239,300 people live within 10-miles of the Property with an average household income of $157,269.