Wendy’s

6020 Porter Road, Niagara Falls, NY 14304

$2,127,000

Cap Rate 5.45%

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DOM: 6 Updated: 10.06.25 Posted: 10.06.25 Status: Active 10.06.25

Summary

Price $2,127,000	Built/Renov 1996/2024	Tenant Wendy’s
Cap Rate 5.45%	Lease Type Abs NNN	Guarantor Corp T and Rated
Size/SF 3,254	Lease Start 03-21-2016	#Units 7,240
Price/SF $653.66	Expiration 03-20-2036	Tenant Type Fast Food/QSR
NOI $115,922	R. Term 10.5	Ownership Fee Simple
Rent/SF $35.62	Increases 10.0%/6/yrs	Pop 5Mi 76,490
Lot/AC 1.45	Options 2/5yrs/10%	AHHI 5Mi $88,479

Michael Cardone

M&M

Contact

Highlights

Absolute NNN Wendy’s with corporate guarantee and no landlord maintenance responsibilities
Long-term lease through March 2036 with two 5-year renewal options
10% rent increases every 5 years ensuring stable income growth
Recently remodeled in 2024 showing strong tenant commitment and modern prototype design
Positioned at a signalized hard corner off Interstate 190 with 47,000 combined VPD
Large 1.45-acre parcel providing excellent visibility and access from Porter Road
Located across from top-performing Aldi and new 12-pump Quicklee’s gas station
Offered at $2,127,000 with 5.45% cap rate and $115,922 annual NOI

Location Description

Wendy’s is strategically located along Porter Road in Niagara Falls, New York, with access to a daily traffic count of approximately 47,000 vehicles (14,000 VPD on Porter Road and 33,000 VPD on Interstate 190). The site is surrounded by major national retailers including Aldi (a top 10% performing store nationally) and a newly constructed Quicklee’s 12-pump gas station, driving consistent...

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Key Features

Signalized intersection
Recent renovation
Major thoroughfare
Near major nationals
Top 100 MSA
Business growth area
Long 20+ yr lease
Absolute NNN
Traded and rated company
Corporate Guarantee

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Links

Wendy’s Wikipedia Wendy’s Wikipedia Niagara Falls, NY Zip Code 14304 Broker Site Page

Maps

Local Information

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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