424 S SCHMALE RD, CAROL STREAM, IL 60188

Wendy’s presents an exceptional net-leased investment opportunity at 424 S Schmale Rd, Carol Stream, IL 60188. This 3,051 SF freestanding quick-service restaurant sits on 0.97 acres in a high-visibility retail corridor directly across from The Home Depot, along Schmale Road with traffic counts exceeding 20,000 vehicles per day.

The property is secured by a brand-new 20-year absolute NNN lease, offering zero landlord responsibilities, with tenant responsibility for taxes, CAM, insurance, roof, and structure. The lease includes 7.5% rental increases every five years and four additional five-year renewal options, creating strong long-term income growth. Operated by an experienced franchisee with a 30-location guarantor, the site also benefits from over $500,000 in prior store remodel investments, underscoring long-term commitment to the location.

Positioned less than one mile south of North Avenue/Route 64, the asset is surrounded by major national retailers including Aldi, Culver’s, McDonald’s, Jewel-Osco, and Dollar Tree. The dense surrounding market features 267,994 residents within five miles, 96,359 households, average household income above $100,000, and more than 121,000 daytime employees, supporting sustained customer traffic and long-term performance.