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Restaurant

Wendy's (Long-Term Ground Lease)

13001 TX-29, Liberty Hill, TX 78642

Listing Price: $1,758,000

Cap Rate
4.75%
Tenant Name
Wendy's
Years Remaining On Lease
18.1
Gross SF
2,155
Guarantor
Franchisee Guarantee
Rentable SF
2,155
Price/Gross SF
$815.78
Lease Type
Ground Lease
Rent Per Square Feet
$38.75

Investment Overview

Offered for sale is a Wendy’s ground lease investment opportunity located along the State Highway 29 corridor in Liberty Hill, Texas. The property is situated within the Heritage Ridge commercial strip adjacent to Starbucks and within an active retail development featuring multiple national QSRs and retailers with executed leases or active development permits. The freestanding 2,155-square-foot building was constructed in 2024 on 0.95 acres and features the brand’s modern prototype design. The lease is corporately guaranteed by HAZA Foods, LLC, one of the nation’s largest Wendy’s franchisees with more than 400 locations. The five-mile trade area reflects a 2025 average household income of $154,764 and projected population growth of 23 percent through 2030.

Investment Highlights

  • Ground Lease | 18.1 Years Remaining | Ten Percent Rent Increases Every Five Years
  • Lease Guaranteed by HAZA Foods, LLC | One of the Nation's Top Wendy's Franchisees | 400+ Locations
  • Affluent Trade Area | $154,764 AHI | 23 Percent Projected Population Growth Through 2030 (Five-Mile Radius)
  • Highway 29 Frontage (29,939 VPD) | New Costco, Target & Walmart-Anchored Ace Square Driving Corridor Growth
  • Adjacent to Starbucks with Multiple Incoming National QSRs & Retail
  • 2024 Construction — Modern Prototype
  • Austin, TX MSA — Top 10 U.S. Market for Retail Sales Growth in 2026
  • Wendy's (NASDAQ: WEN) | 7,000+ Locations Worldwide

Exclusively Listed By

Restaurant

Wendy's (Long-Term Ground Lease)

Listing Price: $1,758,000

Cap Rate
4.75%
Tenant Name
Wendy's
Years Remaining On Lease
18.1
Gross SF
2,155
Guarantor
Franchisee Guarantee
Rentable SF
2,155
Price/Gross SF
$815.78
Lease Type
Ground Lease
Rent Per Square Feet
$38.75

Investment Highlights

  • Ground Lease | 18.1 Years Remaining | Ten Percent Rent Increases Every Five Years
  • Lease Guaranteed by HAZA Foods, LLC | One of the Nation's Top Wendy's Franchisees | 400+ Locations
  • Affluent Trade Area | $154,764 AHI | 23 Percent Projected Population Growth Through 2030 (Five-Mile Radius)
  • Highway 29 Frontage (29,939 VPD) | New Costco, Target & Walmart-Anchored Ace Square Driving Corridor Growth
  • Adjacent to Starbucks with Multiple Incoming National QSRs & Retail
  • 2024 Construction — Modern Prototype
  • Austin, TX MSA — Top 10 U.S. Market for Retail Sales Growth in 2026
  • Wendy's (NASDAQ: WEN) | 7,000+ Locations Worldwide

Investment Overview

Offered for sale is a Wendy’s ground lease investment opportunity located along the State Highway 29 corridor in Liberty Hill, Texas. The property is situated within the Heritage Ridge commercial strip adjacent to Starbucks and within an active retail development featuring multiple national QSRs and retailers with executed leases or active development permits. The freestanding 2,155-square-foot building was constructed in 2024 on 0.95 acres and features the brand’s modern prototype design. The lease is corporately guaranteed by HAZA Foods, LLC, one of the nation’s largest Wendy’s franchisees with more than 400 locations. The five-mile trade area reflects a 2025 average household income of $154,764 and projected population growth of 23 percent through 2030.

Exclusively Listed By

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