Listed by CP Partners
$1,714,000
Wendy's
Details
Property Type Retail
Sub Type QSR/Fast Food, Freestanding
Square Footage 2,228
Cap Rate 5.25%
NOI $90,000
Occupancy 100%
Tenancy Single
Brand/Tenant Wendy's
Lease Type Absolute NNN
Lease Term 25
Lease Expiration 04/30/2051
Rent Bumps Yes
Lease Options Four, 5-year
Year Built 2026
Acreage 0.790
Parking Spaces 39 spaces
Parking Per SqFt 17.50
Investment Type Net Lease
Lease Commencement 04/21/2026
Ground Lease Yes
25-Year Absolute Net Ground Lease | Pad To #1 Ranked Dillons In The U.S.
Marketing description
Brand-new, 25-year absolute net ground lease featuring 10% rental increases every 5 years throughout the base terms and options with zero landlord maintenance or expense obligations making it ideal for passive investors. The subject property is a new construction building with a drive-thru and the operator is an experienced 122-unit Wendy’s franchisee.
Investment highlights
- 25-year absolute net ground lease featuring 10% rental increases every 5 years
- Brand-new 2026 construction with drive-thru
- Pad to #1 ranked Dillons location nationwide (per Placer.ai)
- Direct ingress/egress from E 30th Avenue – 14,975 VPD
- Experienced 122-unit Wendy’s franchisee: Cotti Foods – almost 60 years of operating history
- Hutchinson is the largest city in Reno County (~40,000 residents) and serves as the primary retail and dining hub for Reno County and surrounding communities
- Limited direct competition from national QSR brands compared to larger metros supports unit-level sales stability
Listing Contacts
Listed by CP Partners
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$90,000.00
$7,500.00/mo
Valuation Metrics
0
DSCR
5.25%
Cap Rate
5.25%
ROI
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