Restaurant
Wendy's - New 20-Year Lease | 390+ Unit Operator
828 S Kalamazoo St, Paw Paw, MI 49079
Listing Price: $2,245,000
Investment Overview
--Prime Retail Location
-Highly-Trafficked Location Located on the Corner of a Signalized Intersection (Combined Traffic Counts Exceed 20,000 Cars Per Day)
-Located on Main Retail Corridor in Close Proximity to Several Major Retailers such as Walmart, Tractor Supply Co, Speedway, Jimmy John’s, Family Fare Supermarket, CITGO, Walgreens, Taco Bell, AutoZone, Advance Auto Parts, and Many More
-Affluent Area with the Average Household Income Exceeding $92,000 within 5 Miles
--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
Financing By
Listing Price: $2,245,000
Investment Highlights
- Successful Store with a 7.5% Rent-to-Sales Ratio
- New, 20-Year Wendy's Sale-Leaseback
- Freeway-Close Location – Less Than ½ Mile From Interstate-94, Connecting Detroit to Chicago with a Traffic Counts Exceeding 46,000 Cars Per Day
Investment Overview
--Prime Retail Location -Highly-Trafficked Location Located on the Corner of a Signalized Intersection (Combined Traffic Counts Exceed 20,000 Cars Per Day) -Located on Main Retail Corridor in Close Proximity to Several Major Retailers such as Walmart, Tractor Supply Co, Speedway, Jimmy John’s, Family Fare Supermarket, CITGO, Walgreens, Taco Bell, AutoZone, Advance Auto Parts, and Many More -Affluent Area with the Average Household Income Exceeding $92,000 within 5 Miles --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
Financing By
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