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$ 2,400,000 |$ 2,455,334

Wendy's

Fast Food/QSR  

Cap Rate 5.63% | 5.50% | SF 2,578 | Term 16.1
Edgewood, MD 21040
  • Signalized intersection

  • Hard corner intersection

  • Near major nationals

  • Highway location

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Long 15+ yr lease

  • Absolute NNN

  • Annual rent increases

  • 100+ unit franchisee backed

  • ...
  • Wendy’s has 17+ years remaining on the current lease term with 1 (5-year) option to extend
  • Wendy's has been at this location since 2007
  • The lease features 1.25% annual rent increases throughout the initial term and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Lease guaranteed by Flynn Group (190 units backed)
  • Tenant Wendy's
  • Guarantor Franchisee
  • #Units 190
  • Moody's/S&P B3/ B+
  • Stock NASDAQ: WEN

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 restaurant company. It operates through three segments: Wendy’s U.S., Wendy’s International, and Global Real Estate & Development. The company operates, develops, and franchises a system of quick-service restaurants specializing in hamburger sandwiches. As of March 2023, they operate approximately 415 company-owned restaurants and 6,825 franchised restaurants worldwide. Wendy’s has a credit rating of B+ from Standard and Poor’s and a long-term rating of B3 from Moody’s. The Wendy's Company (NASDAQ: WEN) is an American holding company for the major fast food chain Wendy's. In 2023, total revenue amounted to over $2.18B with a current market cap of $3.78B. They are headquartered in Dublin, OH.

...

$ 2,779,600 |$ 2,817,000

Wendy's

Fast Food/QSR  

Cap Rate 5.07% | 5.00% | SF 2,697 | Term 17.0
Punta Gorda, FL 33950
  • Signalized intersection

  • Hard corner intersection

  • Near major nationals

  • Freeway close

  • Top 100 MSA

  • Income tax free state

  • Long 15+ yr lease

  • Absolute NNN

  • Annual rent increases

  • 50+ unit franchisee backed

  • ...
  • Wendy’s has 18+ years remaining on the current lease term with 4 (5-year) options to extend
  • The lease features 1.5% annual rental increases throughout the initial term and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Lease guaranteed by Tim Cloe (50 units backed)
  • Tenant Wendy's
  • Guarantor Franchisee
  • #Units 50
  • Moody's/S&P B3/ B+
  • Stock NASDAQ: WEN

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 restaurant company. It operates through three segments: Wendy’s U.S., Wendy’s International, and Global Real Estate & Development. The company operates, develops, and franchises a system of quick-service restaurants specializing in hamburger sandwiches. As of March 2023, they operate approximately 415 company-owned restaurants and 6,825 franchised restaurants worldwide. Wendy’s has a credit rating of B+ from Standard and Poor’s and a long-term rating of B3 from Moody’s. The Wendy's Company (NASDAQ: WEN) is an American holding company for the major fast food chain Wendy's. In 2023, total revenue amounted to over $2.18B with a current market cap of $3.78B. They are headquartered in Dublin, OH. 

...

$ 3,277,793 |$ 3,170,054

Wendy's

Fast Food/QSR  

Cap Rate 5.32% | 5.50% | SF 2,262 | Term 17.10
Orangeburg, SC 29115
  • New construction

  • Dense retail corridor

  • Near major nationals

  • Freeway close

  • Strong tenant synergy

  • Top 100 MSA

  • Brand new lease

  • Long 20+ yr lease

  • Absolute NNN

  • 100+ unit franchisee backed

  • ...
  • New 2023 construction
  • Wendy’s has 18+ years remaining on the current lease term with 3 (5-year) options to extend
  • 10% rental increases every 5 years throughout the primary term and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Lease guaranteed by Carolina Restaurant Group (125 units backed)
  • Tenant Wendy's
  • Guarantor Franchisee
  • #Units 125
  • Moody's/S&P B3/ B+
  • Stock NASDAQ: WEN

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 restaurant company. It operates through three segments: Wendy’s U.S., Wendy’s International, and Global Real Estate & Development. The company operates, develops, and franchises a system of quick-service restaurants specializing in hamburger sandwiches. As of March 2023, they operate approximately 415 company-owned restaurants and 6,825 franchised restaurants worldwide. Wendy’s has a credit rating of B+ from Standard and Poor’s and a long-term rating of B3 from Moody’s. The Wendy's Company (NASDAQ: WEN) is an American holding company for the major fast food chain Wendy's. In 2023, total revenue amounted to over $2.18B with a current market cap of $3.78B. They are headquartered in Dublin, OH.

...

$ 2,779,570

Wendy's (GL)

Fast Food/QSR  

Cap Rate 4.65% | SF 3,575 | Term 6.0
St. Petersburg, FL 33703
  • Hard corner intersection

  • Dense retail corridor

  • Near major nationals

  • Strong tenant synergy

  • Dense 200M+ pop 5 mi

  • Top 100 MSA

  • Income tax free state

  • Absolute NNN

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Wendy’s has 7+ years remaining on the current ground lease term with 5 (5-year) options to extend
  • The lease features 10% rental escalations throughout throughout the initial term and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease (NASDAQ: WEN)
  • Tenant Wendy's
  • Guarantor Corp T and Rated
  • #Units 7,240
  • Moody's/S&P B3/ B+

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 restaurant company. It operates through three segments: Wendy’s U.S., Wendy’s International, and Global Real Estate & Development. The company operates, develops, and franchises a system of quick-service restaurants specializing in hamburger sandwiches. As of March 2023, they operate approximately 415 company-owned restaurants and 6,825 franchised restaurants worldwide. Wendy’s has a credit rating of B+ from Standard and Poor’s and a long-term rating of B3 from Moody’s. The Wendy's Company (NASDAQ: WEN) is an American holding company for the major fast food chain Wendy's. In 2023, total revenue amounted to over $2.18B with a current market cap of $3.78B. They are headquartered in Dublin, OH.

...

$ 2,850,000 |$ 2,950,000

Wendy's

Fast Food/QSR  

Cap Rate 6.95% | 6.71% | SF 3,670 | Term 8.9
Collinsville, VA 24078
  • Hard corner intersection

  • Build to suit

  • Major thoroughfare

  • Dense retail corridor

  • Near major nationals

  • Absolute NNN

  • Long 10+ yr lease

  • Limited competition

  • 25+ unit franchisee backed

  • ...
  • Wendy’s has 10 years remaining on the current lease term with 4 (5-year) options to extend
  • The lease features an 8% rental increase in 2029
  • Absolute NNN lease | Zero landlord responsibilities
  • Lease guaranteed by Meritage Hospitality (25 units backed)
  • Tenant Wendy's
  • Guarantor Franchisee
  • #Units 25
  • Moody's/S&P B1/ B+
  • Stock NASDAQ: WEN


Wendy's is an American international fast food restaurant chain founded by Dave Thomas in 1969, in Columbus, OH. The Wendy’s Company, together with its subsidiaries, operates as a quick-service restaurant company. It operates through three segments: Wendy’s U.S., Wendy’s International, and Global Real Estate & Development. The company is involved in operating, developing, and franchising a system of quick-service restaurants specializing in hamburger sandwiches. As of March 2023, they operate approximately 415 company-owned restaurants and 6,825 franchised restaurants worldwide. Wendy’s has a credit rating of B+ from Standard and Poor’s and a long-term rating of B3 from Moody’s. The Wendy's Company (NASDAQ: WEN) is an American holding company for the major fast food chain Wendy's. In 2023, total revenue amounted to over $2.18B with a current market cap of $3.78B. They are headquartered in Dublin, OH.

...

$ 2,250,000 |$ 2,276,000

Wendy's

Fast Food/QSR  

Cap Rate 6.32% | 6.25% | SF 3,177 | Term 8.7
Winston-Salem, NC 27106
  • Recent renovation

  • Dense retail corridor

  • Near major nationals

  • University college close

  • Strong tenant synergy

  • Top 100 MSA

  • Strong demographics

  • Absolute NNN

  • Long 10+ yr lease

  • Top franchise operator

  • ...
  • Wendy’s has 9+ years remaining on the current lease term with 4 (5-year) options to extend
  • The lease features 10% rental increases throughout the initial term and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Lease guaranteed by Meritage Hospitality Group LLC (390 units backed)
  • Tenant Wendy's
  • Guarantor Franchisee
  • #Units 390
  • Moody's/S&P B3/ B+
  • Stock NASDAQ: WEN

Wendy's is an American international fast food restaurant chain founded by Dave Thomas in 1969, in Columbus, OH. The Wendy’s Company, together with its subsidiaries, operates as a quick-service restaurant company. It operates through three segments: Wendy’s U.S., Wendy’s International, and Global Real Estate & Development. The company is involved in operating, developing, and franchising a system of quick-service restaurants specializing in hamburger sandwiches. As of March 2023, they operate approximately 415 company-owned restaurants and 6,825 franchised restaurants worldwide. Wendy’s has a credit rating of B+ from Standard and Poor’s and a long-term rating of B3 from Moody’s. The Wendy's Company (NASDAQ: WEN) is an American holding company for the major fast food chain Wendy's. In 2023, total revenue amounted to over $2.18B with a current market cap of $3.78B. They are headquartered in Dublin, OH.

...

$ 2,721,140

Wendy's

Fast Food/QSR  

Cap Rate 5.00% | SF 3,450 | Term 8.6
San Angelo, TX 76904
  • Recent renovation

  • Build to suit

  • Dense retail corridor

  • Near major nationals

  • WalMart out-parcel

  • Strategically located

  • Income tax free state

  • Recently extended lease

  • Absolute NNN

  • Top franchise operator

  • ...
  • Wendy’s recently executed a new 10-year lease extension with 4 (5-year) options to extend
  • The lease features 8% rental increases at the start of each option period
  • Absolute NNN lease | Zero landlord responsibilities
  • Double sided electronic billboard with a 24-year ground lease | 10% billboard escalations every 7 years
  • Lease guaranteed by WENDAB Associates (300 units backed)
  • Tenant Wendy's
  • Guarantor Franchisee
  • #Units 300
  • Moody's/S&P B3/ B+
  • Stock NASDAQ: WEN

Wendy's is an American international fast food restaurant chain founded by Dave Thomas in 1969, in Columbus, OH. The Wendy’s Company, together with its subsidiaries, operates as a quick-service restaurant company. It operates through three segments: Wendy’s U.S., Wendy’s International, and Global Real Estate & Development. The company is involved in operating, developing, and franchising a system of quick-service restaurants specializing in hamburger sandwiches. As of March 2023, they operate approximately 415 company-owned restaurants and 6,825 franchised restaurants worldwide. Wendy’s has a credit rating of B+ from Standard and Poor’s and a long-term rating of B3 from Moody’s. The Wendy's Company (NASDAQ: WEN) is an American holding company for the major fast food chain Wendy's. In 2023, total revenue amounted to over $2.18B with a current market cap of $3.78B. They are headquartered in Dublin, OH.

...

$ 2,678,571

Wendy's

Fast Food/QSR  

Cap Rate 5.60% | SF 3,175 | Term 18.12
Elgin, IL 60123
  • Signalized intersection

  • Hard corner intersection

  • Near major nationals

  • Highway close

  • Top 100 MSA

  • Strong demographics

  • Brand new lease

  • Long 20+ yr lease

  • Absolute NNN

  • 25+ unit franchisee backed

  • ...
  • 20-year sale leaseback with 4 (5-year) options to extend at the close of escrow
  • The lease features 10% rental increases throughout the initial term and option period
  • Absolute NNN lease | Zero landlord responsibilities
  • Lease guaranteed by Wenzak QSC (41 units backed)
  • Tenant Wendy's
  • Guarantor Franchisee
  • #Units 41
  • Moody's/S&P B3/ B+
  • Stock NASDAQ: WEN

Wendy's is an American international fast food restaurant chain founded by Dave Thomas in 1969, in Columbus, OH. The Wendy’s Company, together with its subsidiaries, operates as a quick-service restaurant company. It operates through three segments: Wendy’s U.S., Wendy’s International, and Global Real Estate & Development. The company is involved in operating, developing, and franchising a system of quick-service restaurants specializing in hamburger sandwiches. As of March 2023, they operate approximately 415 company-owned restaurants and 6,825 franchised restaurants worldwide. Wendy’s has a credit rating of B+ from Standard and Poor’s and a long-term rating of B3 from Moody’s. The Wendy's Company (NASDAQ: WEN) is an American holding company for the major fast food chain Wendy's. In 2023, total revenue amounted to over $2.18B with a current market cap of $3.78B. They are headquartered in Dublin, OH.

...

$ 1,758,000

Wendy's (GL)

Fast Food/QSR  

Cap Rate 4.75% | SF 2,155 | Term 18.7
Liberty Hill, TX 78642
  • New construction

  • Build to suit

  • Dense retail corridor

  • Near major nationals

  • Strategically located

  • Affluent AHHI $100K 5 Mi

  • Income tax free state

  • Brand new lease

  • Long 20+ yr lease

  • Top franchise operator

  • ...
  • Brand new construction | To be completed June 2024
  • Brand new 19+ year ground lease term with 4 (5-year) options to extend
  • The lease features 10% rental escalations throughout the initial term and option periods
  • Absolute NNN | Zero landlord responsibilities
  • Franchisee guaranteed lease
  • Tenant Wendy's
  • Guarantor Franchisee
  • #Units 100
  • Moody's/S&P B3/ B+
  • Stock NASDAQ: WEN

Wendy's is an American international fast food restaurant chain founded by Dave Thomas in 1969, in Columbus, OH. The Wendy’s Company, together with its subsidiaries, operates as a quick-service restaurant company. It operates through three segments: Wendy’s U.S., Wendy’s International, and Global Real Estate & Development. The company is involved in operating, developing, and franchising a system of quick-service restaurants specializing in hamburger sandwiches. As of March 2023, they operate approximately 415 company-owned restaurants and 6,825 franchised restaurants worldwide. Wendy’s has a credit rating of B+ from Standard and Poor’s and a long-term rating of B3 from Moody’s. The Wendy's Company (NASDAQ: WEN) is an American holding company for the major fast food chain Wendy's. In 2023, total revenue amounted to over $2.18B with a current market cap of $3.78B. They are headquartered in Dublin, OH.

...

$ 2,579,000

Wendy's (GL)

Fast Food/QSR  

Cap Rate 4.75% | SF 2,800 | Term 18.9
Wasco, CA 93280
  • New construction

  • Hard corner intersection

  • Dense retail corridor

  • Near major nationals

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Brand new lease

  • Long 20+ yr lease

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Brand new construction | To be completed July 2024
  • Brand new 19+ year ground lease term with 2 (5-year) options to extend
  • The lease features 10% rental increases throughout the initial term and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Wendy's
  • Guarantor Corp T and Rated
  • #Units 7,240
  • Moody's/S&P B3/ B+
  • Stock NASDAQ: WEN

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 restaurant company. It operates through three segments: Wendy’s U.S., Wendy’s International, and Global Real Estate & Development. The company operates, develops, and franchises a system of quick-service restaurants specializing in hamburger sandwiches. As of March 2023, they operate approximately 415 company-owned restaurants and 6,825 franchised restaurants worldwide. Wendy’s has a credit rating of B+ from Standard and Poor’s and a long-term rating of B3 from Moody’s. The Wendy's Company (NASDAQ: WEN) is an American holding company for the major fast food chain Wendy's. In 2023, total revenue amounted to over $2.18B with a current market cap of $3.78B. They are headquartered in Dublin, OH. 

...

$ 1,224,000

Wendy's (GL)

Fast Food/QSR  

Cap Rate 5.00% | SF 2,938 | Term 7.0
Olathe, KS 66061
  • In location for years

  • High traffic 50M+ VPD

  • Near major nationals

  • Freeway visibility

  • Top 100 MSA

  • Strong demographics

  • Strong sales history

  • Absolute NNN

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Wendy’s has been operating in this location since 1995
  • The tenant has 8+ years remaining on the current ground lease term with no options remaining
  • The lease features 10% rental escalations throughout the initial term
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Wendy's
  • Guarantor Corp T and Rated
  • #Units 7,240
  • Moody's/S&P B3/ B+
  • Stock NASDAQ: WEN

Wendy's is an American international fast food restaurant chain founded by Dave Thomas in 1969, in Columbus, OH. The Wendy’s Company, together with its subsidiaries, operates as a quick-service restaurant company. It operates through three segments: Wendy’s U.S., Wendy’s International, and Global Real Estate & Development. The company is involved in operating, developing, and franchising a system of quick-service restaurants specializing in hamburger sandwiches. As of March 2023, they operate approximately 415 company-owned restaurants and 6,825 franchised restaurants worldwide. Wendy’s has a credit rating of B+ from Standard and Poor’s and a long-term rating of B3 from Moody’s. The Wendy's Company (NASDAQ: WEN) is an American holding company for the major fast food chain Wendy's. In 2023, total revenue amounted to over $2.18B with a current market cap of $3.78B. They are headquartered in Dublin, OH.

...

$ 2,608,695 |$ 2,678,571

Wendy's

Fast Food/QSR  

Cap Rate 5.75% | 5.60% | SF 2,336 | Term 18.12
Aurora, IL 60502
  • Build to suit

  • Near major nationals

  • WalMart out-parcel

  • Top 100 MSA

  • Strong demographics

  • Brand new lease

  • Long 20+ yr lease

  • Low rent to sales ratio

  • Absolute NNN

  • 25+ unit franchisee backed

  • ...
  • Wendy’s will be executing a brand new 20-year lease with 4 (5-year) options to extend at the close of escrow
  • The lease features 10% rental increases throughout the initial term and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Lease guaranteed by Wenzak QSC (41 units backed)
  • Tenant Wendy's
  • Guarantor Franchisee
  • #Units 41
  • Moody's/S&P B3/ B+
  • Stock NASDAQ: WEN

Wendy's is an American international fast food restaurant chain founded by Dave Thomas in 1969, in Columbus, OH. The Wendy’s Company, together with its subsidiaries, operates as a quick-service restaurant company. It operates through three segments: Wendy’s U.S., Wendy’s International, and Global Real Estate & Development. The company is involved in operating, developing, and franchising a system of quick-service restaurants specializing in hamburger sandwiches. As of March 2023, they operate approximately 415 company-owned restaurants and 6,825 franchised restaurants worldwide. Wendy’s has a credit rating of B+ from Standard and Poor’s and a long-term rating of B3 from Moody’s. The Wendy's Company (NASDAQ: WEN) is an American holding company for the major fast food chain Wendy's. In 2023, total revenue amounted to over $2.18B with a current market cap of $3.78B. They are headquartered in Dublin, OH.

...

$ 2,761,905

Wendy's

Fast Food/QSR  

Cap Rate 5.25% | SF 2,416 | Term 18.4
Augusta, GA 30904
  • Recent renovation

  • Dense retail corridor

  • Near major nationals

  • Freeway close

  • Dense 100M+ pop 5 mi

  • Top 100 MSA

  • Brand new lease

  • Long 20+ yr lease

  • Absolute NNN

  • 50+ unit franchisee backed

  • ...
  • Wendy’s will be executing a brand new 20-year lease with 4 (5-year) options to extend
  • The lease features 7.5% rental escalations throughout the initial term and option periods
  • Absolute NNN | Zero landlord responsibilities
  • Lease guaranteed by Wen Jai Restaurant Group
  • Tenant Wendy's
  • Guarantor Franchisee
  • #Units 90
  • Moody's/S&P B3/ B+
  • Stock NASDAQ: WEN

Wendy's is an American international fast food restaurant chain founded by Dave Thomas in 1969, in Columbus, OH. The Wendy’s Company, together with its subsidiaries, operates as a quick-service restaurant company. It operates through three segments: Wendy’s U.S., Wendy’s International, and Global Real Estate & Development. The company is involved in operating, developing, and franchising a system of quick-service restaurants specializing in hamburger sandwiches. As of March 2023, they operate approximately 415 company-owned restaurants and 6,680 franchised restaurants worldwide. Wendy’s has a credit rating of B+ from Standard and Poor’s and a long-term rating of B3 from Moody’s. The Wendy's Company (NASDAQ: WEN) is an American holding company for the major fast food chain Wendy's. In 2022, total revenue amounted to over $2.09B with a current market cap of $4.67B. They are headquartered in Dublin, OH.

Wen JAI, based in Pompano, Florida is one of the largest multi-unit franchisees of Wendy’s with a total of 90 Stores and more than 2,700 employees. To date, Wen JAI owns Wendy’s restaurants in GA, FL, TX, NM, SC, and TN with three locations currently under construction. Wen JAI plans to remodel three Wendy’s this year to include updated features such as fireplaces, a variety of inviting seating options, Wi-Fi, flat-screen TVs, and digital menu boards. The company has an overall goal to eventually remodel all Wendy’s and open another 11 locations over the next four years.

...

$ 0 |$ 2,442,000

Wendy's

Fast Food/QSR  

| 6.50% | SF 2,559 | Term 12.6
Eastpointe, MI 48021
  • Hard corner intersection

  • Dense retail corridor

  • Near major nationals

  • Dense 200M+ pop 5 mi

  • Top 100 MSA

  • Absolute NNN

  • Long 10+ yr lease

  • Annual rent increases

  • Traded and rated company

  • Top franchise operator

  • ...
  • Wendy’s has 14+ years remaining on the current lease term with 6 (5-year) options to extend
  • The lease features 1.25% annual rental escalations throughout the initial term and option periods
  • Absolute NNN | Zero landlord responsibilities
  • Lease guaranteed by Meritage Hospitality Group, Inc. (380 units)
  • Tenant Wendy's
  • Guarantor Franchisee
  • #Units 380
  • Moody's/S&P B1/ B+
  • Stock NASDAQ: WEN

Wendy's is an American international fast food restaurant chain founded by Dave Thomas in 1969, in Columbus, OH. The Wendy’s Company, together with its subsidiaries, operates as a quick-service restaurant company. It operates through three segments: Wendy’s U.S., Wendy’s International, and Global Real Estate & Development. The company is involved in operating, developing, and franchising a system of quick-service restaurants specializing in hamburger sandwiches. As of March 2023, they operate approximately 415 company-owned restaurants and 6,680 franchised restaurants worldwide. Wendy’s has a credit rating of B+ from Standard and Poor’s and a long-term rating of B3 from Moody’s. The Wendy's Company (NASDAQ: WEN) is an American holding company for the major fast food chain Wendy's. In 2022, total revenue amounted to over $2.09B with a current market cap of $4.67B. They are headquartered in Dublin, OH.

Meritage Hospitality Group Inc. stands as one of the swiftly advancing restaurant enterprises in
the United States, managing restaurants spanning across 16 states. Founded on a dedication to
delivering exceptional hospitality to our patrons, team members, communities, and investors,
Meritage has witnessed remarkable expansion within the restaurant sector. Presently marking
25 years as a Wendy’s franchisee, Meritage is primed for ongoing expansion of the Wendy’s
brand, venturing into the development of its latest franchise concept, Taco John’s, while also
broadening its proprietary independent concept, Morning Belle.

...

$ 0 |$ 1,132,000

Wendy's (GL)

Fast Food/QSR  

| 5.10% | SF 2,526 | Term 11.8
Savannah, GA 31419
  • Signalized intersection

  • Hard corner intersection

  • Dense retail corridor

  • Near major nationals

  • Strategically located

  • Major MSA

  • Absolute NNN

  • Long 10+ yr lease

  • 50+ unit franchisee backed

  • Publicly traded company

  • ...
  • Wendy’s has 13+ years remaining on the current ground lease term with 8 (5-year) options to extend
  • The lease features 5% rental escalations every 5 years throughout the initial term and each option period
  • Absolute NNN | Zero landlord responsibilities
  • Lease guaranteed by WenSavannah, LLC (83 Locations)
  • Tenant Wendy's
  • Guarantor Franchisee
  • #Units 83
  • Stock NASDAQ: WEN

Wendy's is an American international fast food restaurant chain founded by Dave Thomas in 1969, in Columbus, OH. The Wendy’s Company, together with its subsidiaries, operates as a quick-service restaurant company. It operates through three segments: Wendy’s U.S., Wendy’s International, and Global Real Estate & Development. The company is involved in operating, developing, and franchising a system of quick-service restaurants specializing in hamburger sandwiches. As of March 2023, they operate approximately 415 company-owned restaurants and 6,680 franchised restaurants worldwide. Wendy’s has a credit rating of B+ from Standard and Poor’s and a long-term rating of B3 from Moody’s. The Wendy's Company (NASDAQ: WEN) is an American holding company for the major fast food chain Wendy's. In 2022, total revenue amounted to over $2.09B with a current market cap of $4.67B. They are headquartered in Dublin, OH.

...

$ 3,267,000

Wendy's (GL)

Fast Food/QSR  

Cap Rate 5.00% | SF 2,675 | Term 7.5
San Antonio, TX 78253
  • Dense retail corridor

  • Near major nationals

  • Strategically located

  • Freeway close

  • Top 100 MSA

  • Strong demographics

  • Income tax free state

  • Absolute NNN

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Wendy’s has 8+ years remaining on the current ground lease term with 4 (5-year) options to extend
  • Lease features 10% rental increases every 5 years throughout the initial term, FMV at the start of option 1, and 10% at the start of each remaining option
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease (NASDAQ: WEN)
  • Tenant Wendy's
  • Guarantor Corp T and Rated
  • #Units 7,240
  • Moody's/S&P B3/ B+
  • Stock NASDAQ: WEN

Wendy's is an American international fast food restaurant chain founded by Dave Thomas in 1969, in Columbus, OH. The Wendy’s Company, together with its subsidiaries, operates as a quick-service restaurant company. It operates through three segments: Wendy’s U.S., Wendy’s International, and Global Real Estate & Development. The company is involved in operating, developing, and franchising a system of quick-service restaurants specializing in hamburger sandwiches. As of March 2023, they operate approximately 415 company-owned restaurants and 6,825 franchised restaurants worldwide. Wendy’s has a credit rating of B+ from Standard and Poor’s and a long-term rating of B3 from Moody’s. The Wendy's Company (NASDAQ: WEN) is an American holding company for the major fast food chain Wendy's. In 2023, total revenue amounted to over $2.18B with a current market cap of $3.78B. They are headquartered in Dublin, OH.

...

$ 2,403,846 |$ 2,450,980

Wendy's

Fast Food/QSR  

Cap Rate 5.20% | 5.10% | SF 2,179 | Term 18.1
El Paso, TX 79907
  • New construction

  • Dense retail corridor

  • Near major nationals

  • Top 100 MSA

  • Income tax free state

  • Brand new lease

  • Long 20+ yr lease

  • Absolute NNN

  • Traded and rated company

  • 50+ unit franchisee backed

  • ...
  • Brand-new construction | Store opening in February 2024
  • Wendy’s signed a new 20-year lease with 4 (5-year) options to extend
  • The lease features 7.5% rent increases every 5 years during the primary term and in option periods
  • Absolute NNN | Zero landlord responsibilities
  • Lease guaranteed by Wen JAI Restaurant Group (90 units)
  • Tenant Wendy's
  • Guarantor Franchisee
  • #Units 90
  • Moody's/S&P B3/ B+
  • Stock NASDAQ: WEN

Wendy's is an American international fast food restaurant chain founded by Dave Thomas in 1969, in Columbus, OH. The Wendy’s Company, together with its subsidiaries, operates as a quick-service restaurant company. It operates through three segments: Wendy’s U.S., Wendy’s International, and Global Real Estate & Development. The company is involved in operating, developing, and franchising a system of quick-service restaurants specializing in hamburger sandwiches. As of March 2023, they operate approximately 415 company-owned restaurants and 6,680 franchised restaurants worldwide. Wendy’s has a credit rating of B+ from Standard and Poor’s and a long-term rating of B3 from Moody’s. The Wendy's Company (NASDAQ: WEN) is an American holding company for the major fast food chain Wendy's. In 2022, total revenue amounted to over $2.09B with a current market cap of $4.67B. They are headquartered in Dublin, OH.

Wen JAI, based in Pompano, Florida is one of the largest multi-unit franchisees of Wendy’s with a total of 90 Stores and more than 2,700 employees. To date, Wen JAI owns Wendy’s restaurants in GA, FL, TX, NM, SC, and TN with three locations currently under construction. Wen JAI plans to remodel three Wendy’s this year to include updated features such as fireplaces, a variety of inviting seating options, Wi-Fi, flat-screen TVs, and digital menu boards. The company has an overall goal to eventually remodel all Wendy’s and open another 11 locations over the next four years.

...

$ 2,450,980

Wendy's

Fast Food/QSR  

Cap Rate 5.25% | SF 2,243 | Term 17.11
Sweetwater, TN 37874
  • New construction

  • Dense retail corridor

  • Near major nationals

  • Highway location

  • Income tax free state

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Traded and rated company

  • Personal guarantee

  • ...
  • Brand-new 2023 construction
  • Wendy’s recently signed a brand-new 20-year lease with 4 (5-year) options to extend
  • Lease features 7.5% rental increases every 5 years throughout the initial term and at the start of each option
  • Absolute NNN lease | Zero landlord responsibilities
  • Lease guaranteed by Wen JAI Restaurant Group (90 units)
  • Tenant Wendy's
  • Guarantor Franchisee
  • #Units 90
  • Moody's/S&P B3/ B+
  • Stock NASDAQ: WEN

Wendy's is an American international fast food restaurant chain founded by Dave Thomas in 1969, in Columbus, OH. The Wendy’s Company, together with its subsidiaries, operates as a quick-service restaurant company. It operates through three segments: Wendy’s U.S., Wendy’s International, and Global Real Estate & Development. The company is involved in operating, developing, and franchising a system of quick-service restaurants specializing in hamburger sandwiches. As of March 2023, they operate approximately 415 company-owned restaurants and 6,680 franchised restaurants worldwide. Wendy’s has a credit rating of B+ from Standard and Poor’s and a long-term rating of B3 from Moody’s. The Wendy's Company (NASDAQ: WEN) is an American holding company for the major fast food chain Wendy's. In 2022, total revenue amounted to over $2.09B with a current market cap of $4.67B. They are headquartered in Dublin, OH.

Wen JAI, based in Pompano, Florida is one of the largest multi-unit franchisees of Wendy’s with a total of 90 Stores and more than 2,700 employees. To date, Wen JAI owns Wendy’s restaurants in GA, FL, TX, NM, SC, and TN with three locations currently under construction. Wen JAI plans to remodel three Wendy’s this year to include updated features such as fireplaces, a variety of inviting seating options, Wi-Fi, flat-screen TVs, and digital menu boards. The company has an overall goal to eventually remodel all Wendy’s and open another 11 locations over the next four years.

...

$ 2,230,000

Wendy's

Fast Food/QSR  

Cap Rate 5.00% | SF 3,068 | Term 17.12
Fort Myers, FL 33901
  • High traffic 50M+ VPD

  • Dense retail corridor

  • Top 100 MSA

  • Strong demographics

  • Income tax free state

  • Long 15+ yr lease

  • Absolute NNN

  • Annual rent increases

  • Traded and rated company

  • 50+ unit franchisee backed

  • ...
  • Wendy’s has 19+ years remaining on a newly executed lease with 4 (5-year) options to extend
  • The lease features 1.5% rental increases annually in primary term and options
  • Absolute NNN | Zero landlord responsibilities
  • The franchisee and guarantor, Tim Cloe, is an experienced operator and currently operates approximately 80 Wendy’s locations
  • Tenant Wendy's
  • Guarantor Franchisee
  • #Units 80
  • Moody's/S&P B3/ B+
  • Stock NASDAQ: WEN

Wendy's is an American international fast food restaurant chain founded by Dave Thomas in 1969, in Columbus, OH. The Wendy’s Company, together with its subsidiaries, operates as a quick-service restaurant company. It operates through three segments: Wendy’s U.S., Wendy’s International, and Global Real Estate & Development. The company is involved in operating, developing, and franchising a system of quick-service restaurants specializing in hamburger sandwiches. As of March 2023, they operate approximately 415 company owned restaurants and 6,680 franchised restaurants worldwide. Wendy’s has a credit rating of B+ from Standard and Poor’s and a long term rating of B3 from Moody’s. The Wendy's Company (NASDAQ : WEN) is an American holding company for the major fast food chain Wendy's. In 2022, total revenue amounted to over $2.09B with a current market cap of $4.67B. They are headquartered in Dublin, OH.

...

$ 3,822,000 |$ 3,861,165

Wendy's

Fast Food/QSR  

Cap Rate 5.34% | 5.28% | SF 2,117 | Term 17.12
Augusta, GA 30906
  • Near major nationals

  • Strategically located

  • Highway location

  • University college close

  • Dense 100M+ pop 5 mi

  • Top 100 MSA

  • Long 15+ yr lease

  • Absolute NNN

  • Personal guarantee

  • 50+ unit franchisee backed

  • ...
  • Wendy’s has 18+ years remaining on its current lease with 5 (5-Year) options to extend
  • Lease features 7.5% every 5 Years during initial term and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Lease guaranteed by the Wen Jai Group
  • Tenant Wendy's
  • Guarantor Franchisee
  • #Units 90
  • Moody's/S&P B3/ B+
  • Stock NASDAQ: WEN

Wendy's is an American international fast food restaurant chain founded by Dave Thomas in 1969, in Columbus, OH. The Wendy’s Company, together with its subsidiaries, operates as a quick-service restaurant company. It operates through three segments: Wendy’s U.S., Wendy’s International, and Global Real Estate & Development. The company is involved in operating, developing, and franchising a system of quick-service restaurants specializing in hamburger sandwiches. As of March 2023, they operate approximately 415 company owned restaurants and 6,680 franchised restaurants worldwide. Wendy’s has a credit rating of B+ from Standard and Poor’s and a long term rating of B3 from Moody’s. The Wendy's Company (NASDAQ : WEN) is an American holding company for the major fast food chain Wendy's. In 2022, total revenue amounted to over $2.09B with a current market cap of $4.67B. They are headquartered in Dublin, OH.

Wen JAI, based in Pompano, Florida is one of the largest multi-unit franchisees of Wendy’s with a total of 90 Stores and more than 2,700 employees. To date, Wen JAI owns Wendy’s restaurants in GA, FL, TX, NM, SC, and TN with three locations currently under construction. Wen JAI plans to remodel three Wendy’s this year to include updated features such as fireplaces, a variety of inviting seating options, Wi-Fi, flat-screen TVs and digital menu boards. The company has an overall goal to eventually remodel all Wendy’s and open another 11 locations over the next four years.

...

$ 0 |$ 1,800,000

Wendy's (GL)

Fast Food/QSR  

| 5.00% | SF 3,200 | Term 17.12
Lockhart, TX 78644
  • New construction

  • Signalized intersection

  • Highway location

  • Top 100 MSA

  • New development zone

  • Income tax free state

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Top franchise operator

  • ...
  • New 2023 construction featuring Wendy’s latest prototype design
  • Brand-new 20-year ground lease with 4 (5-year) options to extend
  • The lease features 10% rental increases every 5 years in primary term and at the start of each option
  • Proven operator - Haza Foods is the largest Wendy’s Franchisee in the system with 400+ units
  • Income tax free state
  • Tenant Wendy's
  • Guarantor Franchisee
  • #Units 400
  • Moody's/S&P B3/ B+
  • Stock NASDAQ: WEN

Wendy's is an American international fast food restaurant chain founded by Dave Thomas in 1969, in Columbus, OH. The Wendy’s Company, together with its subsidiaries, operates as a quick-service restaurant company. It operates through three segments: Wendy’s U.S., Wendy’s International, and Global Real Estate & Development. The company is involved in operating, developing, and franchising a system of quick-service restaurants specializing in hamburger sandwiches. As of March 2023, they operate approximately 415 company owned restaurants and 6,680 franchised restaurants worldwide. Wendy’s has a credit rating of B+ from Standard and Poor’s and a long term rating of B3 from Moody’s. The Wendy's Company (NASDAQ : WEN) is an American holding company for the major fast food chain Wendy's. In 2022, total revenue amounted to over $2.09B with a current market cap of $4.67B. They are headquartered in Dublin, OH.

...

$ 2,380,952

Wendy's

Fast Food/QSR  

Cap Rate 5.25% | SF 2,555 | Term 13.12
Pecos, TX 79772
  • New construction

  • Near major nationals

  • Strategically located

  • Hospital close

  • Highway close

  • Income tax free state

  • Brand new lease

  • Absolute NNN

  • Personal guarantee

  • 50+ unit franchisee backed

  • ...
  • Brand new 2024 construction
  • Wendy’s will be signing a brand new 15-year lease with 3 (5-year) options to extend at the close of escrow
  • Lease features rental increases of 7.5% every 5 years throughout the initial term and at the start of each option
  • Absolute NNN lease | Zero landlord responsibilities
  • Lease guaranteed by Wen Jai Restaurant Group (90 units)
  • Tenant Wendy's
  • Guarantor Franchisee
  • #Units 90
  • Moody's/S&P B3/ B+
  • Stock NASDAQ: WEN

Wendy's is an American international fast food restaurant chain founded by Dave Thomas in 1969, in Columbus, OH. The Wendy’s Company, together with its subsidiaries, operates as a quick-service restaurant company. It operates through three segments: Wendy’s U.S., Wendy’s International, and Global Real Estate & Development. The company is involved in operating, developing, and franchising a system of quick-service restaurants specializing in hamburger sandwiches. As of March 2023, they operate approximately 415 company owned restaurants and 6,680 franchised restaurants worldwide. Wendy’s has a credit rating of B+ from Standard and Poor’s and a long term rating of B3 from Moody’s. The Wendy's Company (NASDAQ : WEN) is an American holding company for the major fast food chain Wendy's. In 2022, total revenue amounted to over $2.09B with a current market cap of $4.67B. They are headquartered in Dublin, OH.

...

$ 1,484,324

Wendy's

Fast Food/QSR  

Cap Rate 5.26% | SF 3,288 | Term 15.0
Powhatan, VA 23139
  • In location for years

  • Major thoroughfare

  • Highway location

  • Affluent suburb location

  • Major MSA

  • Long operation history

  • Long 15+ yr lease

  • Absolute NNN

  • Traded and rated company

  • Personal guarantee

  • ...
  • Wendy’s has been operating in this location since 2006
  • Tenant has over 17 years remaining on its current lease term with 5 (5-year) options to renew
  • Lease features a 10% rental increase every 5 years throughout the inital term and at the start of each option
  • Absolute NNN lease | zero landlord responsibilities
  • Lease guaranteed by Wen-Gap West LLC (22 units)
  • Tenant Wendy's
  • Guarantor Franchisee
  • #Units 22
  • Moody's/S&P B3/ B+
  • Stock NASDAQ: WEN

Wendy's is an American international fast food restaurant chain founded by Dave Thomas in 1969, in Columbus, OH. The Wendy’s Company, together with its subsidiaries, operates as a quick-service restaurant company. It operates through three segments: Wendy’s U.S., Wendy’s International, and Global Real Estate & Development. The company is involved in operating, developing, and franchising a system of quick-service restaurants specializing in hamburger sandwiches. As of March 2023, they operate approximately 415 company owned restaurants and 6,680 franchised restaurants worldwide. Wendy’s has a credit rating of B+ from Standard and Poor’s and a long term rating of B3 from Moody’s. The Wendy's Company (NASDAQ : WEN) is an American holding company for the major fast food chain Wendy's. In 2022, total revenue amounted to over $2.09B with a current market cap of $4.67B. They are headquartered in Dublin, OH.

...

$ 2,225,000 |$ 2,395,000

Wendy's

Fast Food/QSR  

Cap Rate 5.22% | 4.85% | SF 3,276 | Term 12.7
Bunnell, FL 32110
  • Hard corner intersection

  • Major thoroughfare

  • Near major nationals

  • Highway location

  • Top 100 MSA

  • Population increase trend

  • Long 15+ yr lease

  • Absolute NNN

  • Traded and rated company

  • 50+ unit franchisee backed

  • ...
  • Tenant has 15 years remaining on its current lease term with 1 (10-year) option to extend
  • 10% Increases every 5 years
  • Absolute NNN | Zero Landlord Responsibilities
  • Income tax-free state
  • Franchisee guaranteed by Gold Coast Holdings
  • Tenant Wendy's
  • Guarantor Franchisee
  • #Units 90
  • Moody's/S&P B3/ B+
  • Stock NASDAQ: WEN

Wendy's is an American international fast food restaurant chain founded by Dave Thomas in 1969, in Columbus, OH. The Wendy’s Company, together with its subsidiaries, operates as a quick-service restaurant company. It operates through three segments: Wendy’s U.S., Wendy’s International, and Global Real Estate & Development. The company is involved in operating, developing, and franchising a system of quick-service restaurants specializing in hamburger sandwiches. As of March 2023, they operate approximately 415 company owned restaurants and 6,680 franchised restaurants worldwide. Wendy’s has a credit rating of B+ from Standard and Poor’s and a long term rating of B3 from Moody’s. The Wendy's Company (NASDAQ : WEN) is an American holding company for the major fast food chain Wendy's. In 2022, total revenue amounted to over $2.09B with a current market cap of $4.67B. They are headquartered in Dublin, OH.

...

$ 1,875,000 |$ 2,000,000

Wendy's

Fast Food/QSR  

Cap Rate 4.80% | 4.50% | SF 45,738 | Term 15.11
Belle Glade, FL 33430
  • Signalized intersection

  • Dense retail corridor

  • Near major nationals

  • Strong tenant synergy

  • Income tax free state

  • Long 15+ yr lease

  • Absolute NNN

  • Traded and rated company

  • Investment grade tenant

  • 50+ unit franchisee backed

  • ...
  • Tenant has 18 years remaining on their primary lease with 4 (5-year) options to extend
  • The lease features 8% rental increases every 5 years
  • Absolute NNN lease | Zero landlord responsibilities
  • Franchise guaranteed by QFRM 5 LLC / QFRM Holdings LLC & Timothy E. Cloe (90+ units)
  • Wendy’s is a publicly traded company (NASDAQ: WEN)
  • Tenant Wendy's
  • Guarantor Franchisee
  • #Units 90
  • Moody's/S&P B3/ B+
  • Stock NASDAQ: WEN

Wendy's is an American international fast food restaurant chain founded by Dave Thomas in 1969, in Columbus, OH. The Wendy’s Company, together with its subsidiaries, operates as a quick-service restaurant company. It operates through three segments: Wendy’s U.S., Wendy’s International, and Global Real Estate & Development. The company is involved in operating, developing, and franchising a system of quick-service restaurants specializing in hamburger sandwiches. As of March 2023, they operate approximately 415 company owned restaurants and 6,680 franchised restaurants worldwide. Wendy’s has a credit rating of B+ from Standard and Poor’s and a long term rating of B3 from Moody’s. The Wendy's Company (NASDAQ : WEN) is an American holding company for the major fast food chain Wendy's. In 2022, total revenue amounted to over $2.09B with a current market cap of $4.67B. They are headquartered in Dublin, OH.

...

$ 2,653,000

Wendy's

Fast Food/QSR  

Cap Rate 4.90% | SF 3,120 | Term 25.1
Johnson City, TN 37604
  • Near major nationals

  • Strategically located

  • Freeway close

  • Strong tenant synergy

  • Highway close

  • Income tax free state

  • Long 20+ yr lease

  • Absolute NNN

  • Traded and rated company

  • Personal guarantee

  • ...
  • Tenant has 26 years remaining on their current lease term with 4 (5-year) options to extend
  • Lease features 7.5% rental increases every 5 years
  • Absolute NNN lease | Zero landlord responsibilities
  • Franchisee guaranteed by Tri-Cities Restaurant Group, LLC
  • Wendy’s is a publicly traded company (NASDAQ: WEN)
  • Tenant Wendy's
  • Guarantor Franchisee
  • #Units 20
  • Moody's/S&P B3/ B+
  • Stock NASDAQ: WEN

Wendy's is an American international fast food restaurant chain founded by Dave Thomas in 1969, in Columbus, OH. The Wendy’s Company, together with its subsidiaries, operates as a quick-service restaurant company. It operates through three segments: Wendy’s U.S., Wendy’s International, and Global Real Estate & Development. The company is involved in operating, developing, and franchising a system of quick-service restaurants specializing in hamburger sandwiches. As of March 2023, they operate approximately 415 company owned restaurants and 6,680 franchised restaurants worldwide. Wendy’s has a credit rating of B+ from Standard and Poor’s and a long term rating of B3 from Moody’s. The Wendy's Company (NASDAQ : WEN) is an American holding company for the major fast food chain Wendy's. In 2022, total revenue amounted to over $2.09B with a current market cap of $4.67B. They are headquartered in Dublin, OH.

...

$ 1,800,000 |$ 1,999,500

Wendy's (GL)

Fast Food/QSR  

Cap Rate 4.67% | 4.20% | SF 2,575 | Term 16.9
North Port, FL 34289
  • New construction

  • Near major nationals

  • Highway close

  • Top 100 MSA

  • Income tax free state

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Traded and rated company

  • 100+ unit franchisee backed

  • ...
  • Brand new 2023 construction equipt with a drive-thru
  • Tenant recently signed a brand-new 20-year lease with 3 (5-year) options to extend
  • The lease features a rental increase of 10% every 5 years and beginning of each option period
  • Absolute NNN ground lease with zero landlord responsibilities
  • The franchisee and guarantor, Tim Cloe, is an experienced operator that was formerly the largest Dunkin' franchisee in Florida with over 100 units
  • Tenant Wendy's
  • Guarantor Franchisee
  • #Units 100
  • Moody's/S&P B3/ B+
  • Stock NASDAQ: WEN

Wendy's is an American international fast food restaurant chain founded by Dave Thomas in 1969, in Columbus, OH. The Wendy’s Company, together with its subsidiaries, operates as a quick-service restaurant company. It operates through three segments: Wendy’s U.S., Wendy’s International, and Global Real Estate & Development. The company is involved in operating, developing, and franchising a system of quick-service restaurants specializing in hamburger sandwiches. As of March 2023, they operate approximately 415 company owned restaurants and 6,680 franchised restaurants worldwide. Wendy’s has a credit rating of B+ from Standard and Poor’s and a long term rating of B3 from Moody’s. The Wendy's Company (NASDAQ : WEN) is an American holding company for the major fast food chain Wendy's. In 2022, total revenue amounted to over $2.09B with a current market cap of $4.67B. They are headquartered in Dublin, OH.

...

$ 2,403,846 |$ 2,450,980

Wendy's

Fast Food/QSR  

Cap Rate 5.20% | 5.10% | SF 2,500 | Term 17.5
El Paso, TX 79922
  • New construction

  • Dense retail corridor

  • Near major nationals

  • University college close

  • Strong demographics

  • Income tax free state

  • Brand new lease

  • Long 20+ yr lease

  • Absolute NNN

  • 50+ unit franchisee backed

  • ...
  • Brand new 2023 construction with Drive-Thru
  • Tenant recently signed a brand-new 20-year lease with 4 (5-year) options to extend
  • The lease features a rental increase of 7.5% every 5 years throughout the initial term and option periods
  • Absolute NNN lease presents zero landlord responsibilities
  • Franchisee guaranteed by Wen Jai Restaurant Group (84-units)
  • Tenant Wendy's
  • Guarantor Franchisee
  • #Units 84
  • Moody's/S&P B3/ B+
  • Stock NASDAQ: WEN

Wendy's is an American international fast food restaurant chain founded by Dave Thomas in 1969, in Columbus, OH. The Wendy’s Company, together with its subsidiaries, operates as a quick-service restaurant company. It operates through three segments: Wendy’s U.S., Wendy’s International, and Global Real Estate & Development. The company is involved in operating, developing, and franchising a system of quick-service restaurants specializing in hamburger sandwiches. As of March 2023, they operate approximately 415 company owned restaurants and 6,680 franchised restaurants worldwide. Wendy’s has a credit rating of B+ from Standard and Poor’s and a long term rating of B3 from Moody’s. The Wendy's Company (NASDAQ : WEN) is an American holding company for the major fast food chain Wendy's. In 2022, total revenue amounted to over $2.09B with a current market cap of $4.67B. They are headquartered in Dublin, OH.

...

$ 2,380,952 |$ 2,450,980

Wendy's

Fast Food/QSR  

Cap Rate 5.25% | 5.10% | SF 2,561 | Term 17.5
Socorro, TX 79927
  • New construction

  • Dense retail corridor

  • Near major nationals

  • University college close

  • Dense 100M+ pop 5 mi

  • Income tax free state

  • Brand new lease

  • Long 20+ yr lease

  • Absolute NNN

  • 50+ unit franchisee backed

  • ...
  • Brand new 2023 construction with Drive-Thru
  • Tenant recently signed a brand-new 20-year lease with 4 (5-year) options to extend
  • The lease features a rental increase of 7.5% every 5 years throughout the initial term and option periods
  • Absolute NNN lease presents zero landlord responsibilities
  • Franchisee guaranteed by Wen Jai Restaurant Group (84-units)
  • Tenant Wendy's
  • Guarantor Corp T and Rated
  • #Units 84
  • Moody's/S&P B3/ B+
  • Stock NASDAQ: WEN

Wendy's is an American international fast food restaurant chain founded by Dave Thomas in 1969, in Columbus, OH. The Wendy’s Company, together with its subsidiaries, operates as a quick-service restaurant company. It operates through three segments: Wendy’s U.S., Wendy’s International, and Global Real Estate & Development. The company is involved in operating, developing, and franchising a system of quick-service restaurants specializing in hamburger sandwiches. As of March 2023, they operate approximately 415 company owned restaurants and 6,680 franchised restaurants worldwide. Wendy’s has a credit rating of B+ from Standard and Poor’s and a long term rating of B3 from Moody’s. The Wendy's Company (NASDAQ : WEN) is an American holding company for the major fast food chain Wendy's. In 2022, total revenue amounted to over $2.09B with a current market cap of $4.67B. They are headquartered in Dublin, OH.

...

$ 0 |$ 2,450,980

Wendy's

Fast Food/QSR  

| 5.10% | SF 2,500 | Term 17.0
Tazewell, TN 37879
  • New construction

  • Signalized intersection

  • Hard corner intersection

  • Hospital close

  • Income tax free state

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Traded and rated company

  • 50+ unit franchisee backed

  • ...
  • New construction 2022
  • Wendy's recently signed a brand new 20-year lease with 4 (5-year) options to extend
  • Lease offers 7.5% rental escalations every 5 years and at the beginning of each option period
  • Absolute NNN with zero landlord responsibilities
  • This Wendy's is operated by Wen Jai Restaurant Group, an 81-unit franchisee
  • Wendy’s is a publicly traded company (NASDAQ: WEN) 
  • Tenant Wendy's
  • Guarantor Franchisee
  • #Units 81
  • Moody's/S&P B3/ B+
  • Stock NASDAQ: WEN

Wendy's is an American international fast food restaurant chain founded by Dave Thomas in 1969, in Columbus, OH. The Wendy’s Company, together with its subsidiaries, operates as a quick-service restaurant company. It operates through three segments: Wendy’s U.S., Wendy’s International, and Global Real Estate & Development. The company is involved in operating, developing, and franchising a system of quick-service restaurants specializing in hamburger sandwiches. As of March 2023, they operate approximately 415 company owned restaurants and 6,680 franchised restaurants worldwide. Wendy’s has a credit rating of B+ from Standard and Poor’s and a long term rating of B3 from Moody’s. The Wendy's Company (NASDAQ : WEN) is an American holding company for the major fast food chain Wendy's. In 2022, total revenue amounted to over $2.09B with a current market cap of $4.67B. They are headquartered in Dublin, OH. 

...

$ 2,271,379 |$ 2,363,636

Wendy's (GL)

Fast Food/QSR  

Cap Rate 5.72% | 5.50% | SF 3,000 | Term 18.1
Bridgeport, CT 06606
  • New construction

  • Signalized intersection

  • Highway close

  • Dense 200M+ pop 5 mi

  • Top 100 MSA

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Brand-new currently under construction with a rent commencement of February 2024
  • The lease features a 12% rental increase every 5 years in the initial term and in each option period
  • Lease contains 1 (10-year) option and 2 (5-year) options to renew
  • Absolute NNN with zero landlord responsibilities
  • Corporate guaranteed lease (NASDAQ: WEN)
  • Tenant Wendy's
  • Guarantor Corp T and Rated
  • #Units 7,240
  • Moody's/S&P B3/ B+
  • Stock NASDAQ: WEN

Wendy's is an American international fast food restaurant chain founded by Dave Thomas in 1969, in Columbus, OH. The Wendy’s Company, together with its subsidiaries, operates as a quick-service restaurant company. It operates through three segments: Wendy’s U.S., Wendy’s International, and Global Real Estate & Development. The company is involved in operating, developing, and franchising a system of quick-service restaurants specializing in hamburger sandwiches. As of March 2023, they operate approximately 415 company-owned restaurants and 6,825 franchised restaurants worldwide. Wendy’s has a credit rating of B+ from Standard and Poor’s and a long-term rating of B3 from Moody’s. The Wendy's Company (NASDAQ: WEN) is an American holding company for the major fast food chain Wendy's. In 2023, total revenue amounted to over $2.18B with a current market cap of $3.78B. They are headquartered in Dublin, OH.

...

$ 2,300,000 |$ 2,400,000

Wendy's

Fast Food/QSR  

Cap Rate 5.22% | 5.00% | SF 2,227 | Term 16.0
Jackson, TN 38305
  • New construction

  • Dense retail corridor

  • Strong tenant synergy

  • Highway close

  • Income tax free state

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Traded and rated company

  • Personal guarantee

  • ...
  • Tenant has 19 years remaining in their initial lease term with 2 (5-year) options to extend
  • The lease features 6% rental increase every 5 years beginning in lease year 5 and throughout options to extend
  • New 2022 construction
  • Tennessee is an income tax free state
  • Guaranty from the franchisee, Vestco Inc, who has been in business since 1996
  • Tenant Wendy's
  • Guarantor Franchisee
  • #Units 9
  • Moody's/S&P B3/ B+
  • Stock NASDAQ: WEN

Wendy's is an American international fast food restaurant chain founded by Dave Thomas in 1969, in Columbus, OH. The Wendy’s Company, together with its subsidiaries, operates as a quick-service restaurant company. It operates through three segments: Wendy’s U.S., Wendy’s International, and Global Real Estate & Development. The company is involved in operating, developing, and franchising a system of quick-service restaurants specializing in hamburger sandwiches. As of March 2023, they operate approximately 415 company owned restaurants and 6,680 franchised restaurants worldwide. Wendy’s has a credit rating of B+ from Standard and Poor’s and a long term rating of B3 from Moody’s. The Wendy's Company (NASDAQ : WEN) is an American holding company for the major fast food chain Wendy's. In 2022, total revenue amounted to over $2.09B with a current market cap of $4.67B. They are headquartered in Dublin, OH. 

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