Wendy's Highlights
Strong national brand - The Wendy's Company (2013 Revenue: $2.487 Billion)
Absolute triple net (NNN) leases / fee simple ownership
Drive - thru buildings
Strong demographics in the trade areas
Odessa: $2,358,000 / 5.50% Cap Rate
- Rare rental increases w/ over 12-years remaining in primary term
- Located near signalized, hard corner intersection of E. University Boulevard and John Ben Shepperd Parkway (39,400 vehicles per day)
- Adjacent to University of Texas of the Permian Basin
Las Cruces: $1,742,000 / 5.75% Cap Rate
- Extremely rare annual rent increases w/ over 18-years remaining in primary term
- Located near signalized, hard corner intersection of El Paseo Road and E. Idaho Avenue (combined count of 32,300 vehicles per day)
- Within close proximity to New Mexico State University- major employer
Additional Tags:
NNN, Wendy's, Single Tenant Properties, Fast Food, Net Leased, hamburger, off market real estate investment properties, McDonald's, STNL real estate investment
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