Investment Overview

Marcus & Millichap is pleased to present for sale this Wendy’s Hamburger Restaurant, located at 2693 Highway 52 in Moncks Corner, South Carolina — part of the Charleston-North Charleston Metropolitan Statistical Area, which is home to over 799,000 residents. The property consists of a 2,549-square-foot freestanding building with a drive-thru, situated on a 0.77-acre parcel with excellent visibility and accessibility along Highway 52, a heavily trafficked thoroughfare and primary commercial corridor in the region. The immediate area is experiencing significant residential growth, supported by numerous new and established multifamily developments such as The Ranch at Cooper River, Woodlock Apartments, and The Hudson at Cane Bay. New singlefamily home communities in the area include Lakeview at Kitfield (140 homesites), Townes at Merrimack, Jacob Cove by Lennar, and Abbey Walk by Dream Finders Homes, among others. These developments are driving consistent traffic and fueling demand for quality retail and dining options in the submarket. The site also benefits from its proximity to several schools and colleges, including Trident Technical College – Berkeley Campus (3,000 students), Cane Bay High School (2,158 students), and College Park Elementary and Middle Schools, collectively contributing to strong daytime traffic and community engagement. Moncks Corner is a growing town with direct access to Charleston, located just under an hour away, and is well known for its outdoor recreation amenities, including Lake Moultrie and various hiking trails, further enhancing its appeal. The property is leased to JAI Restaurant Group, a proven and experienced Wendy’s franchisee operating over 76 units. The lease is structured as absolute triple net (NNN) with zero landlord responsibilities, offering long-term stability and passive income. The lease features a 20-year base term commencing October 1, 2025, with 7.5% rent increases every five years throughout the base term and four 5-year renewal options, providing attractive built-in rent growth and hedging against inflation. Wendy’s, founded by Dave Thomas in 1969, is one of the most recognized quick service restaurant (QSR) brands in the world. Known for its fresh, never frozen beef, made-to-order square hamburgers, and signature menu items such as the Frosty dessert, Wendy’s has grown to over 7,000 locations worldwide, generating annual revenue in excess of $2.2 billion.