Restaurant
Wendy's
2833 Prince St, Clovis, NM 88101
Listing Price: $3,703,704
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.
Investment Highlights
- Brand New 20-Year Sale Leaseback
- Triple Net (NNN) Lease with Zero Landlord Responsibilities
- Attractive Rental Increases | Eight Percent (8.00%) Every Five Years
Exclusively Listed By
Broker of Record
Listing Price: $3,703,704
Investment Highlights
- Brand New 20-Year Sale Leaseback
- Triple Net (NNN) Lease with Zero Landlord Responsibilities
- Attractive Rental Increases | Eight Percent (8.00%) Every Five Years
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.
Exclusively Listed By
Broker of Record
-
Ryan Sarbinoff
First Vice President/Regional Manager

