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Restaurant

Wendy's

1011 W Main St, Artesia, NM 88210

Listing Price: $3,157,000

Cap Rate
4.75%
Tenant Name
Wendy's
Gross SF
2,800
Guarantor
Franchisee Guarantee
Rentable SF
2,800
Price/Gross SF
$1,127.50
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$53.57

Investment Overview

Marcus & Millichap is exclusively marketing for sale the newly built South White Sands Blvd Wendy's restaurant i n Artesia, New Mexico. The property is located along the main commercial corridor in Artesia and is 1 block north of Artesia High School. Wendy's is under a new 20-year lease with 8% increases every 5 years.

Investment Highlights

  • Restaurant built in 2018 on high traffic, four lane thoroughfare
  • In main commercial corridor surrounded by national retailers
  • This restaurant is operated by a highly profitable 6-unit franchisee that has been in business continuously since 1992
  • Affiliated with Wendcentral, LLC, an award winning, nationally recognized Wendy's franchisee

Exclusively Listed By

Broker of Record

  • Matt Reeves

    Senior Associate

    (505) 445-6333

    License(s) NM: 19583

    New Mexico

Listing Price: $3,157,000

Cap Rate
4.75%
Tenant Name
Wendy's
Gross SF
2,800
Guarantor
Franchisee Guarantee
Rentable SF
2,800
Price/Gross SF
$1,127.50
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$53.57

Investment Highlights

  • Restaurant built in 2018 on high traffic, four lane thoroughfare
  • In main commercial corridor surrounded by national retailers
  • This restaurant is operated by a highly profitable 6-unit franchisee that has been in business continuously since 1992
  • Affiliated with Wendcentral, LLC, an award winning, nationally recognized Wendy's franchisee

Investment Overview

Marcus & Millichap is exclusively marketing for sale the newly built South White Sands Blvd Wendy's restaurant i n Artesia, New Mexico. The property is located along the main commercial corridor in Artesia and is 1 block north of Artesia High School. Wendy's is under a new 20-year lease with 8% increases every 5 years.

Exclusively Listed By

Broker of Record

  • Matt Reeves

    Senior Associate

    (505) 445-6333

    License(s): NM: 19583

    New Mexico

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