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Restaurant

Wendy’s Corporate Guaranteed 10 Year NNN Lease

6335 Allentown Rd, Temple Hills, MD 20748

Listing Price: $2,999,999

Cap Rate
5.17%
Tenant Name
Wendy's
Years Remaining On Lease
10.3
Gross SF
3,280
Guarantor
Corporate Guarantee
Rentable SF
3,280
Price/Gross SF
$914.63
Lease Type
Absolute Net
Rent Per Square Feet
$47.26

Investment Overview

Marcus & Millichap is pleased to present for sale this 3,280 square foot
Wendy’s Hamburger restaurant located at 6335 Allentown Road in Temple
Hills, Maryland. Temple Hills is an unincorporated area and censusdesignated
place in Prince George’s County, Maryland with a population
of 8,350 residents. Temple Hills borders the communities of Hillcrest
Heights, Marlow Heights, Camp Springs and Oxon Hill. Within the area are
numerous garden apartments, duplexes, and single family communities
which were constructed mostly from the 1950’s to the 1970’s. The
adjacent communities of Hillcrest Heights and Marlow Heights are home to
The Iverson Mall and marlow Heights Shopping Center, both of which also
serve the community of Temple Hills. The area of Temple Hills is convenient
to the Capital Beltway (I-95/I-495), the Metrorail Green Line, Andrews Air
Force Base, The U.S. Census Bureau and Capitol Hill.
Many colleges and universities surround this Wendy’s Hamburger
Restaurant including Prince George’s Community College with 10,244
enrolled students, University of Maryland with 40,800 enrolled students
and Embry Riddle Aeromautical University 3ith 31,300 enrolled students.
Numerous apartment complexes also surround this Wendy’s including
Henson Creek Apartments, Tribeca at Camp Springs, Westwood Place
Apartments, Brinkley Manor, and Heather Hill Apartments.
The Wendy’s Company is an American Holding Company for the major
fast food chain Wendy’s. The company’s principal subsidiary, Wendy’s
International, is the franchisor of Wendy’s Restaurants. It is headquartered
in Dublin, Ohio with 7,240 locations (6,030 in the United States and 1,006
International). It has over 14,500 employees and Revenue in 2023 was US
$2.18 Billion.

Investment Highlights

  • Corporate Guarantee
  • 10 Year Absolute NNN Lease | No Landlord Responsibilities
  • Attractive 10% Rent Increases Every 5 Years
  • Store Renovation Starting Within First Two Years of Lease Extension
  • Incredible Demographics | 235,882 Residents in Immediate Trade Area
  • Traffic Counts Exceeding 18,694 Vehicles Per Day
  • The Wendy's Company is the World's Third Largest Quick Service Hamburger Company with 7,240 Restaurants and Over $2.18+ Billion Annual Sales

Exclusively Listed By

Broker of Record

  • Brian Hosey

    Senior Vice President/Division Manager

    (202) 536-3700

    License(s) MD: 5005538

    Maryland

Financing By

Restaurant

Wendy’s Corporate Guaranteed 10 Year NNN Lease

Listing Price: $2,999,999

Cap Rate
5.17%
Tenant Name
Wendy's
Years Remaining On Lease
10.3
Gross SF
3,280
Guarantor
Corporate Guarantee
Rentable SF
3,280
Price/Gross SF
$914.63
Lease Type
Absolute Net
Rent Per Square Feet
$47.26

Investment Highlights

  • Corporate Guarantee
  • 10 Year Absolute NNN Lease | No Landlord Responsibilities
  • Attractive 10% Rent Increases Every 5 Years
  • Store Renovation Starting Within First Two Years of Lease Extension
  • Incredible Demographics | 235,882 Residents in Immediate Trade Area
  • Traffic Counts Exceeding 18,694 Vehicles Per Day
  • The Wendy's Company is the World's Third Largest Quick Service Hamburger Company with 7,240 Restaurants and Over $2.18+ Billion Annual Sales

Investment Overview

Marcus & Millichap is pleased to present for sale this 3,280 square foot Wendy’s Hamburger restaurant located at 6335 Allentown Road in Temple Hills, Maryland. Temple Hills is an unincorporated area and censusdesignated place in Prince George’s County, Maryland with a population of 8,350 residents. Temple Hills borders the communities of Hillcrest Heights, Marlow Heights, Camp Springs and Oxon Hill. Within the area are numerous garden apartments, duplexes, and single family communities which were constructed mostly from the 1950’s to the 1970’s. The adjacent communities of Hillcrest Heights and Marlow Heights are home to The Iverson Mall and marlow Heights Shopping Center, both of which also serve the community of Temple Hills. The area of Temple Hills is convenient to the Capital Beltway (I-95/I-495), the Metrorail Green Line, Andrews Air Force Base, The U.S. Census Bureau and Capitol Hill. Many colleges and universities surround this Wendy’s Hamburger Restaurant including Prince George’s Community College with 10,244 enrolled students, University of Maryland with 40,800 enrolled students and Embry Riddle Aeromautical University 3ith 31,300 enrolled students. Numerous apartment complexes also surround this Wendy’s including Henson Creek Apartments, Tribeca at Camp Springs, Westwood Place Apartments, Brinkley Manor, and Heather Hill Apartments. The Wendy’s Company is an American Holding Company for the major fast food chain Wendy’s. The company’s principal subsidiary, Wendy’s International, is the franchisor of Wendy’s Restaurants. It is headquartered in Dublin, Ohio with 7,240 locations (6,030 in the United States and 1,006 International). It has over 14,500 employees and Revenue in 2023 was US $2.18 Billion.

Exclusively Listed By

Broker of Record

  • Brian Hosey

    Senior Vice President/Division Manager

    (202) 536-3700

    License(s): MD: 5005538

    Maryland

Financing By

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