Restaurant
Wendy's
4873 Airway Rd, Dayton, OH 45431
Listing Price: $1,708,958
Investment Overview
The Wendy’s Company (NASDAQ: WEN) is the world’s third largest quick-service hamburger company. The Wendy’s system includes over 7,300 restaurants in the U.S. and 29 other countries and U.S. territories worldwide.
Dayton is the sixth-largest city in the state of Ohio and the county seat of Montgomery County. It is home to over 137,600 people. The Dayton Metro is home to over 810,000 people with over 342,000 households. Composed of Greene, Montgomery, and Miami Counties, it is the fourth-largest metropolitan area in Ohio.
Investment Highlights
- Eight Years Remaining on Absolute Triple-Net (NNN) Lease
- Multi-Unit Franchisee - Tenant Operates 65 Wendy's Locations Throughout Texas and Ohio
- 8 Percent Rental Increases Every Five Years with Multiple Renewal Options
- Densely Populated Dayton Trade Area - Daytime Population Exceeds $235,000 within a Five-Mile Radius
- High Traffic Location at the Corner of Airway Road and Woodman Drive - Accessible by Approximately 48,690 Cars per Day
- Adjacent to the National Museum of the US Air Force, a Significant Source of Tourism, Attracting Approximately 1.3 Million Visitors Annually
- Centrally Located within a 15-Minute Drive of Downtown Dayton, the University of Dayton (Approximately 9,700 Students), Wright State University (Approximately 11,000 Students), and Wright-Patterson Air Force Base (Approximately 38,000 Employees - the Largest Single-Site Employer in Ohio)
Listing Price: $1,708,958
Investment Highlights
- Eight Years Remaining on Absolute Triple-Net (NNN) Lease
- Multi-Unit Franchisee - Tenant Operates 65 Wendy's Locations Throughout Texas and Ohio
- 8 Percent Rental Increases Every Five Years with Multiple Renewal Options
- Densely Populated Dayton Trade Area - Daytime Population Exceeds $235,000 within a Five-Mile Radius
- High Traffic Location at the Corner of Airway Road and Woodman Drive - Accessible by Approximately 48,690 Cars per Day
- Adjacent to the National Museum of the US Air Force, a Significant Source of Tourism, Attracting Approximately 1.3 Million Visitors Annually
- Centrally Located within a 15-Minute Drive of Downtown Dayton, the University of Dayton (Approximately 9,700 Students), Wright State University (Approximately 11,000 Students), and Wright-Patterson Air Force Base (Approximately 38,000 Employees - the Largest Single-Site Employer in Ohio)
Investment Overview
The Wendy’s Company (NASDAQ: WEN) is the world’s third largest quick-service hamburger company. The Wendy’s system includes over 7,300 restaurants in the U.S. and 29 other countries and U.S. territories worldwide. Dayton is the sixth-largest city in the state of Ohio and the county seat of Montgomery County. It is home to over 137,600 people. The Dayton Metro is home to over 810,000 people with over 342,000 households. Composed of Greene, Montgomery, and Miami Counties, it is the fourth-largest metropolitan area in Ohio.