Investment Overview

Marcus & Millichap is pleased to present for sale this brand-new Wendy’s Hamburger Restaurant located at 101 Lincoln Street in Pecos, Texas. Pecos is the largest city in and the county seat of Reeves County, Texas located in the valley on the west bank of the Pecos River at the eastern edge of the Chihuahuan Desert. It is located just south of New Mexico’s border with population 12,916. Pecos is the regional commercial center for ranching, oil and gas production and agriculture. Numerous apartment complexes surround this Wendy’s Property including Pecos Residential Apartments, Casa Manana Apartments, Dora Gaecia, Country Club Apartments, Desert Oak Apartments, Lone Star Villas, Wellspring Apartments (144 Units) and Pecos Apartments. Major retailers in the area include Walmart, Bealls, Dollar General, United Supermarkets, Family Dollar, J.C. Penney, Stripes Convenience Stores and La Tienda Thriftway among many, many others. Also nearby this property is Pecos High School (702 Enrolled Students) and Bessie Haynes Park. Wendy’s is an international fast-food restaurant chain founded by Dave Thomas on November 15, 1969 in Columbus, Ohio. As of January 2019, there were a total of 6,711 locations including 353 that are company owned, 6,356 that are franchised and 77 percent of them are located in North America. The Wendy’s Company is the world’s third largest quick service hamburger company and employs over 14,000 individuals. Wen JAI Restaurant Group is one of the largest multi-unit franchisees of Wendy’s, making Wen Jai a major employer with a total of 2,700 employees. To date, Wen JAI owns Wendy’s restaurants in GA, FL, TX, NM, SC and TN totaling 84 units, with three locations currently under construction. “We strive to remain leaders in the nation’s evolving quick service restaurant industry by delivering an exceptional experience of quality, service and cleanliness to our customers through high quality food, friendly staff, high operational standards, and being engaged in our communities,” said Jhonny Mercado, Chairman of Wen JAI Restaurant Group. “JAI looks forward to expanding Wendy’s presence and positively impacting communities across the country.”