Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Wendy’s located at 2833 Prince St, Clovis, NM. The property consists of 3,571 square feet of building space and is situated on approximately 0.83 acres of land. The tenant will enter into a brand new, 20-year triple-net (NNN) lease with absolutely no landlord responsibilities upon the day following the close of escrow. The lease will call for rental increases of eight percent every five years. The rental increases will continue through the base term and into the four, five-year tenant renewal options. The lease will carry a guaranty from Wendgord, LLC, a subsidiary of Wendcentral, LLC.