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Restaurant

Wendy's

307 S Fry Rd, Katy, TX 77450

Listing Price: $4,541,825

Cap Rate
5.15%
Tenant Name
Wendy's
Years Remaining On Lease
3.6
Guarantor
Franchisee Guarantee
Rentable SF
3,002
Lease Type
Absolute Net
Rent Per Square Feet
$77.92

Investment Overview

Marcus and Millichap is pleased to exclusively offer for sale the real estate of a freestanding Wendy's located in Houston, TX. The 0.98 acre lot consists of 3,002 square feet of building space that includes parking, a drive-thru, and street signage. Houston is the most populous city in Texas, the fourth-most populous city in the United States, the most populous city in the Southern United States, and the sixth-most populous in North America, with a population of 2,304,580 in 2020. Located in Southeast Texas near Galveston Bay and the Gulf of Mexico, it is the largest city of Harris County and the principal city of the Greater Houston metropolitan area, which is the fifth-most populous metropolitan statistical area in the United States and the second-most populous in Texas after Dallas–Fort Worth. Houston is the southeast anchor of the greater megaregion known as the Texas Triangle.

Investment Highlights

  • Largest Franchisee in Wendy's System | Haza Foods Ranked #20 Restaurant Franchisee in Nation (Subsidiary of the Dhanani Group the #4 Ranked Franchisee in Nation [1,200+ Units])
  • Dense Retail Corridor: H-E-B, Walmart Supercenter, Sam's Club, Target, Lowe's, The Home Depot, Kohl's, Hobby Lobby, Best Buy, and More
  • Strong Demographics - Population Exceeds 260,000 Within a Five-Mile Radius

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Financing By

Restaurant

Wendy's

Listing Price: $4,541,825

Cap Rate
5.15%
Tenant Name
Wendy's
Years Remaining On Lease
3.6
Guarantor
Franchisee Guarantee
Rentable SF
3,002
Lease Type
Absolute Net
Rent Per Square Feet
$77.92

Investment Highlights

  • Largest Franchisee in Wendy's System | Haza Foods Ranked #20 Restaurant Franchisee in Nation (Subsidiary of the Dhanani Group the #4 Ranked Franchisee in Nation [1,200+ Units])
  • Dense Retail Corridor: H-E-B, Walmart Supercenter, Sam's Club, Target, Lowe's, The Home Depot, Kohl's, Hobby Lobby, Best Buy, and More
  • Strong Demographics - Population Exceeds 260,000 Within a Five-Mile Radius

Investment Overview

Marcus and Millichap is pleased to exclusively offer for sale the real estate of a freestanding Wendy's located in Houston, TX. The 0.98 acre lot consists of 3,002 square feet of building space that includes parking, a drive-thru, and street signage. Houston is the most populous city in Texas, the fourth-most populous city in the United States, the most populous city in the Southern United States, and the sixth-most populous in North America, with a population of 2,304,580 in 2020. Located in Southeast Texas near Galveston Bay and the Gulf of Mexico, it is the largest city of Harris County and the principal city of the Greater Houston metropolitan area, which is the fifth-most populous metropolitan statistical area in the United States and the second-most populous in Texas after Dallas–Fort Worth. Houston is the southeast anchor of the greater megaregion known as the Texas Triangle.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

Financing By

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