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PROPERTY/LOT
IMMEDIATE LOCATION
AREA LOCATION
TENANT ATTRIBUTES
INVESTMENT/GUARANTOR
DOM: 6 Updated: 10.06.25 Posted: 10.06.25 Status: Active     10.06.25

Summary

Price $2,430,000
Built/Renov 1985/2025
Tenant Wendy’s
Cap Rate 5.35%
Lease Type Abs NNN
Guarantor Corp T and Rated
Size/SF 2,864
Lease Start 12-01-2025
#Units 7,240
Price/SF $848.46
Expiration 11-30-2045
Tenant Type Fast Food/QSR
NOI $130,000
R. Term 20.1
Ownership Fee Simple
Rent/SF $45.39
Increases 7.5%/6/yrs
Pop 5Mi 121,373
Lot/AC 0.66
Options 5/5yrs/7.5%
AHHI 5Mi $93,286

Highlights

  • 20-year absolute NNN lease with zero landlord responsibilities

  • 7.5% rent increases every five years during lease and options

  • Operated by strong franchisee WENJAI Restaurant Group with 76+ units

  • Fully remodeled in 2025 offering modern Wendy’s prototype design

  • Located on Dorchester Road at a hard corner signalized intersection

  • Outparcel to high-performing Lowe’s Foods with 607K+ annual visitors

  • Surrounded by Walmart and dense residential growth in Summerville SC

  • Fee simple ownership providing stable long-term cash flow

Location Description

Wendy’s is strategically located along Dorchester Road in Summerville, South Carolina, with access to a daily traffic count of approximately 69,812 vehicles. The site is surrounded by major national retailers including Walmart and Lowe’s Foods, as well as numerous quick-service restaurants and neighborhood shopping destinations, driving consistent consumer traffic to the area. The property is...

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Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

  • Tenant: Wendy's
  • Guarantor:Corp T and Rated
  • Company:The Wendy's Company
  • # Units:7,240
  • Tenant S&P: B+
  • Moody’s: B3
  • Stock: NASDAQ: WEN

About Tenant

Wendy's is an American international fast food restaurant chain founded by Dave Thomas in 1969, in Columbus, OH. The Wendy’s Company and its subsidiaries operate as a quick-service...


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