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Restaurant

Wendy's - Levelland, TX

301 College Ave, Levelland, TX 79336

Listing Price: $2,857,142

Cap Rate
5.25%
Tenant Name
Wendy's
Guarantor
Franchisee Guarantee
Rentable SF
2,385
Lease Type
Absolute Net
Rent Per Square Feet
$62.89

Investment Overview

--Prime Retail Location--

-Highly-Trafficked Location at the Intersection of College Ave and Walnut St (Traffic Counts Exceed 15,000 Cars Per Day)

-Located up the Street from South Plains College with Over 10,000 Students

-Close Proximity to a Shopping Center Anchored by United Supermarkets

-Located on Main Retail Corridor in Close Proximity to Several Major Retailers such as Walmart, Starbucks, Pizza Hut, AT&T, HTeaO, O’Reilly Auto Parts, Stripes, Subway, Taco Bell, Tractor Supply, ACE Hardware, and Many More

--Experienced Wendy’s Franchisee--

-Absolute NNN Property with Zero Landlord Responsibilities – Ideal for Investors Not Local to the Market

-Meritage Hospitality Group is One of the Largest Wendy’s Franchisee’s in the Country with Over 12,000 Employees and 380 Locations in 16 States

-Scheduled 1.5% Annual Rental Increases Throughout the Initial Term Provide for an Excellent Hedge Against Inflation

Investment Highlights

  • Wendy's New Global Next Gen Prototype Scheduled to Open January 2025
  • Brand New, 20-Year Wendy's Sale-Leaseback
  • Texas is a Tax-Free State

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Restaurant

Wendy's - Levelland, TX

Listing Price: $2,857,142

Cap Rate
5.25%
Tenant Name
Wendy's
Guarantor
Franchisee Guarantee
Rentable SF
2,385
Lease Type
Absolute Net
Rent Per Square Feet
$62.89

Investment Highlights

  • Wendy's New Global Next Gen Prototype Scheduled to Open January 2025
  • Brand New, 20-Year Wendy's Sale-Leaseback
  • Texas is a Tax-Free State

Investment Overview

--Prime Retail Location-- -Highly-Trafficked Location at the Intersection of College Ave and Walnut St (Traffic Counts Exceed 15,000 Cars Per Day) -Located up the Street from South Plains College with Over 10,000 Students -Close Proximity to a Shopping Center Anchored by United Supermarkets -Located on Main Retail Corridor in Close Proximity to Several Major Retailers such as Walmart, Starbucks, Pizza Hut, AT&T, HTeaO, O’Reilly Auto Parts, Stripes, Subway, Taco Bell, Tractor Supply, ACE Hardware, and Many More --Experienced Wendy’s Franchisee-- -Absolute NNN Property with Zero Landlord Responsibilities – Ideal for Investors Not Local to the Market -Meritage Hospitality Group is One of the Largest Wendy’s Franchisee’s in the Country with Over 12,000 Employees and 380 Locations in 16 States -Scheduled 1.5% Annual Rental Increases Throughout the Initial Term Provide for an Excellent Hedge Against Inflation

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

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