Investment Overview

We are pleased to offer an absolute NNN Wendy’s investment with approximately 13 years of remaining lease term and no landlord responsibilities. The lease is guaranteed by Meritage Hospitality Group, a top Wendy’s franchisee operating 375+ locations, and includes six, five-year renewal options with annual rent increases tied to the lesser of CPI or 1.25%. The property is located along E. Shelby Drive in a dense Memphis retail corridor, serving over 161,000 residents within a five-mile radius. This offering provides stable, long-term cash flow backed by a nationally recognized QSR brand in one of the most active net lease sectors.