Investment Overview

Marcus & Millichap is pleased to present for sale this Absolute Net Leased Wendy’s, located at 1122 S Dupree Street in Brownsville, Tennessee, just northeast of Memphis. The subject property consists of a 2023 construction free-standing building with a drive-thru and is situated on a .71-acre parcel of land. Strategically positioned along South Dupree Street, this property offers excellent visibility and convenient access. It is located directly across from a Walmart Supercenter and a Murphy USA Gas Station, both of which drive significant traffic to the area. The immediate trade area is also home to a strong mix of national and regional tenants, including Taco Bell, Ace Hardware, Food Giant, Subway, Walgreens, and more, further enhancing the site’s retail presence and consumer draw. At closing, the tenant, a leading Wendy’s franchisee, will execute a 20-year absolute NNN lease with 10 percent rent increases every five years. Wendy’s is one of the world’s leading fast-food burger chains, known for its fresh, never frozen beef, signature square-shaped burgers, and high-quality ingredients. Founded in 1969 by Dave Thomas in Columbus, Ohio, Wendy’s has built a strong brand centered around innovation, customer satisfaction, and a commitment to fresh, made-to-order meals. The chain’s flagship menu items include the iconic Dave’s Single, Spicy Chicken Sandwich, and Frosty desserts, along with a variety of salads, chicken nuggets, and breakfast options. With thousands of locations worldwide, Wendy’s continues to grow its presence, leveraging modern digital ordering, drive-thru convenience, and an expanding global footprint to remain competitive in the quick-service restaurant (QSR) industry.