Wendy’s is a 2,808 square foot single-tenant absolute NNN leased asset located in the established DFW submarket of Grand Prairie, Texas. The Property is leased to Wendy’s corporate (Wendy’s Properties, LLC) with a primary lease term through March 2027 and four, 5-year renewal options with 10% increases in each option. Wendys’ offer in-place rent of only $70,379, which is under market and provides future upside opportunity in bringing the rent to a market level at the end of the term. The Property sits on an 0.85-acre parcel with multiple ingress/egress points of access, a highly visible two-sided pylon sign and parallel positioning to Main Street. Wendy’s is a publicly traded company (NYSE: WEN) with over 7,000 store locations worldwide, with 1,000 of those being international restaurants. The Company has over 14,500 employees across the United States and in 2022, Wendy’s reported net sales of $2.1 billion and is ranked in the top 10 fast food chains in America.