Property Name


GLA 2,808 SF

Percent Leased 100% Leased

Property Description

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 approximately $2.1 billion in revenue and is ranked in the top 10 fast food chains in America.