Property History
INVESTMENT HIGHLIGHTS
▪ High Credit STNL – Corporate NNN ground lease with Wendy’s, one of the most secure forms of ownership requiring virtually no landlord obligations
▪ Wendy’s (NASDAQ: WEN) – The Wendy’s Company is a publicly traded restaurant company with a market capitalization of $4.0 billion, an annual revenue of $1.9 billion and over 6,900 locations
▪ Long-Term Occupancy History – Wendy’s has successfully operated from this location since 2005 (17 years)
▪ Part of Target and Lowe’s Shadow Anchored Power Center with Leading Tenancy – Park West Place Net Lease Portfolio is a collection of outparcels to the greater “Park West Place”, a dominant ±736,500 SF power center, shadow anchored by Target and Lowe’s and leased to national and regional retailers including, TJ Maxx, PetSmart, Sportsman’s Warehouse, Kohl’s, Ross Dress for Less, Five Below, Ashley HomeStore and others, attracting customers on a regional basis
▪ Low Management “Coupon Clipper” STNL Investment – Wendy’s corporate ground lease is perfect for passive investors seeking a “coupon clipper” asset
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Zoning
Property Details
Contacts
Map
Comparable Properties
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