Wendy's
Retail | 5.75% CAP | 3,432 SqFt
Marketing description
Surmount is pleased to present the exclusive listing for a Wendy's located at 306 North Carolina 55 , Mount Olive, NC 28365. The site consists of roughly 3,432 rentable square feet of building space on an estimated .77-acre parcel of land. Wendy's is subject to a 15-year Triple Net (NNN) lease which will commence upon close of escrow . The annual rent will be $120,000 and has scheduled increases of 10% Every 5 Years.
Investment highlights
Strong Franchisee Guarantee from Delight Restaurant Group | Delight Restaurant Group is a leading multi-brand franchisee operating 230 + Wendy’s, Taco Bell and 7 Brew locations across eight states, generating over $500 million in annual revenue. The guaranty will be provided by the North Carolina operating entity, which consists of approximately 55 units and benefits from the same best-in- class operational platform and experienced management team.
Outparcel to Walmart Supercenter | The subject property is an outparcel to a high-traffic Walmart Supercenter providing exceptional visibility, consistent consumer traffic, and shared access with one of the nation’s strongest retail anchors, supporting long-term tenant performance and site durability.
Ideal Demographics | The property is supported by over 34 ,000 residents within a 10-mile radius and average household incomes exceeding $63,000, aligning well with Wendy’s core customer base. These demographics provide strong purchasing power and a stable, repeat customer pool that supports consistent traffic and long-term QSR performance.
High-Visibility Frontage on Major Roadways | The property features excellent frontage along North Carolina 55, which sees over 15,000 vehicles per day, and is located just off US 117, carrying more than 13,000 vehicles daily. This prominent positioning provides exceptional exposure, drive-by traffic, and accessibility, supporting strong QSR visibility and customer flow.
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