Restaurant

Wendy's

Listing Price: $1,050,000

Cap Rate
10.06%
Tenant Name
WM Limited Partnership D.B.A Wendy's
Years Remaining On Lease
5.70
Gross SF
2,703
Guarantor
Local or Regional Franchisee
Rentable SF
2,703
Price/Gross SF
$388.46
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$39.07

Investment Overview

Marcus & Millichap is pleased to present Wendy’s Battle Creek, an investment opportunity to purchase a truly iconic brand and highly coveted nationally recognized Quick Service Restaurant property. The subject property has a long operating history and has been operating since 2006. Additionally, this location is near the home of three major employers Kraft, Kellogg’s, and Post. Finally, the subject property has a corporate franchisee guaranteed NNN lease and is operated by Meritage Hospitality Group. They are one of the nation’s premier restaurant operators with over 333 restaurants.

Investment Highlights

  • Long Operating History – Operating Since 2006
  • Corporate Guarantee – Meritage
  • Triple Net Lease
  • Annual Increases
  • 5.5 Years Remaining
  • Two 10-Year Options
  • 1.48 Acres

Exclusively Listed By

Listing Price: $1,050,000

Cap Rate
10.06%
Tenant Name
WM Limited Partnership D.B.A Wendy's
Years Remaining On Lease
5.70
Gross SF
2,703
Guarantor
Local or Regional Franchisee
Rentable SF
2,703
Price/Gross SF
$388.46
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$39.07

Investment Highlights

  • Long Operating History – Operating Since 2006
  • Corporate Guarantee – Meritage
  • Triple Net Lease
  • Annual Increases
  • 5.5 Years Remaining
  • Two 10-Year Options
  • 1.48 Acres

Investment Overview

Marcus & Millichap is pleased to present Wendy’s Battle Creek, an investment opportunity to purchase a truly iconic brand and highly coveted nationally recognized Quick Service Restaurant property. The subject property has a long operating history and has been operating since 2006. Additionally, this location is near the home of three major employers Kraft, Kellogg’s, and Post. Finally, the subject property has a corporate franchisee guaranteed NNN lease and is operated by Meritage Hospitality Group. They are one of the nation’s premier restaurant operators with over 333 restaurants.

Exclusively Listed By

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