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Restaurant

Brand New Construction Wendy’s | 20 Year NNN Lease

8100 N Loop Dr, El Paso, TX 79907

Listing Price: $2,450,980

Cap Rate
5.10%
Tenant Name
JAI - Wendy's
Years Remaining On Lease
20.4
Guarantor
Franchisee Guarantee
Rentable SF
2,179
Lease Type
Absolute Net
Rent Per Square Feet
$57.37

Investment Overview

Marcus & Millichap is pleased to present for sale this Wendy’s Restaurant
with Drive Thru located at 8100 North Loop Drive in Pleasant Valley, Texas (El
Paso, Texas). It is part of the El Paso Metro Statistical Area with a population
of 868,859. El Paso stands on the Rio Grande across the Mexico-United
States border. El Paso is home to three publicly owned companies including
Western Refining, Marathon Petroleum and The Medical Center of the
Americas. Numerous apartment complexes surround this Wendy’s Property
including Canyon Square Village Apartments with 104 rented units, The
Meadows Apartments with 100 rented units, Ochoa Apartments with 70
rented units, Bella Vista Apartments with 96 rented units, Alvarez Apartments,
Lomaland Apartments, North Loop Apartments and Tigua Village Apartments.
Also nearby this Wendy’s is University Medical Center Ysleta with 354 Beds,
Foundation Surgical Hospital and UMC. Nearby colleges and universities
include Midwestern State University with 5,141 enrolled students. Shopping
areas nearby include Zara-Loop Center, Plaza De Flores Shopping Center,
Park View Shopping Center and Las Palmas Marketplace.
Wendy’s is an international fast-food restaurant chain founded by Dave
Thomas on November 15, 1969 in Columbus, Ohio. As of 2022 there are a
total of 7,095 locations locations in the world, including 5,984 in the United
States. Wendy’s and its franchisees employ hundreds of thousands of people
across approximately 7,000 restaurants worldwide. Their annual revenue
is $2.1 billion. The Wendy’s Company is the world’s third largest quickservice
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.”

Investment Highlights

  • Wendy's Restaurant with Drive Thru located at 8100 North Loop Drive in Pleasant Valley (El Paso) Texas with Population in El Paso Metro Area exceeding 868,000 People
  • 20 Year Absolute NNN Lease | No Landlord Responsibilities
  • Brand New Construction Wendy's Restaurant with Drive Thru | Store Opening in February 2024
  • Attractive 7.5% Rent Increases Every 5 Years
  • Strong Wendy's Operators | 90+ Units
  • Texas is a No Income Tax State

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Financing By

Restaurant

Brand New Construction Wendy’s | 20 Year NNN Lease

Listing Price: $2,450,980

Cap Rate
5.10%
Tenant Name
JAI - Wendy's
Years Remaining On Lease
20.4
Guarantor
Franchisee Guarantee
Rentable SF
2,179
Lease Type
Absolute Net
Rent Per Square Feet
$57.37

Investment Highlights

  • Wendy's Restaurant with Drive Thru located at 8100 North Loop Drive in Pleasant Valley (El Paso) Texas with Population in El Paso Metro Area exceeding 868,000 People
  • 20 Year Absolute NNN Lease | No Landlord Responsibilities
  • Brand New Construction Wendy's Restaurant with Drive Thru | Store Opening in February 2024
  • Attractive 7.5% Rent Increases Every 5 Years
  • Strong Wendy's Operators | 90+ Units
  • Texas is a No Income Tax State

Investment Overview

Marcus & Millichap is pleased to present for sale this Wendy’s Restaurant with Drive Thru located at 8100 North Loop Drive in Pleasant Valley, Texas (El Paso, Texas). It is part of the El Paso Metro Statistical Area with a population of 868,859. El Paso stands on the Rio Grande across the Mexico-United States border. El Paso is home to three publicly owned companies including Western Refining, Marathon Petroleum and The Medical Center of the Americas. Numerous apartment complexes surround this Wendy’s Property including Canyon Square Village Apartments with 104 rented units, The Meadows Apartments with 100 rented units, Ochoa Apartments with 70 rented units, Bella Vista Apartments with 96 rented units, Alvarez Apartments, Lomaland Apartments, North Loop Apartments and Tigua Village Apartments. Also nearby this Wendy’s is University Medical Center Ysleta with 354 Beds, Foundation Surgical Hospital and UMC. Nearby colleges and universities include Midwestern State University with 5,141 enrolled students. Shopping areas nearby include Zara-Loop Center, Plaza De Flores Shopping Center, Park View Shopping Center and Las Palmas Marketplace. Wendy’s is an international fast-food restaurant chain founded by Dave Thomas on November 15, 1969 in Columbus, Ohio. As of 2022 there are a total of 7,095 locations locations in the world, including 5,984 in the United States. Wendy’s and its franchisees employ hundreds of thousands of people across approximately 7,000 restaurants worldwide. Their annual revenue is $2.1 billion. The Wendy’s Company is the world’s third largest quickservice 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.”

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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