Investment Overview

Marcus & Millichap is pleased to offer for sale a 2,624-square-foot drive-through restaurant in Magnolia, AR, (the Property), in which Wendy’s has over 13 years remaining on their long-term, triple-net lease. This location has operated as a Wendy’s since 2016, when the tenant Wendy’s Fourjay L.L.C., an Arkansas-based Wendy’s operator, signed a 20-year lease at the site. This tenant opened its first restaurant back in 1975 and has continually grown with restaurants throughout Arkansas. The Property is located in a commercially active area with several shopping and retail options nearby including Magnolia Shopping Center, which is directly neighboring the Property. This shopping center is shadow-anchored by a Walmart Supercenter and offers a variety of retail spaces with a 100% occupancy rate, indicating a robust commercial environment. Whataburger recently built a new-construction store across the street. A variety of prominent retailers are in direct vicinity to the Property including AT&T, GameStop, Dollar Tree, Hibbett Sports, Shoe Show, Cato Fashions and many more. As mentioned before, Walmart is a major retail anchor further positioning the area as a steady flow of consumer traffic, and as a strong local economy conducive to business.