Wendy's

Strong Retail Corridor: Positioned along N Berkeley Blvd, one of Goldsboro’s primary retail corridors, with strong visibility and consistent daily traffic ~20,000 VPD. The property is positioned in a thriving retail corridor surrounded by several national and regional tenants. Established retailers in the area driving traffic include Berkeley Mall, Walmart, Sam’s Club, Target, Lowe’s, and multiple national QSR concepts, driving consistent consumer activity.
Passive Lease Structure: 4 Years Remaining on an Absolute NNN lease with no landlord responsibilities, providing investors with a truly passive ownership structure.
Experienced Wendy’s Operator: Operated by a nationally recognized Wendy’s franchisee with 230+ locations, demonstrating operational strength and long-term brand commitment.
Below-Market Rent: The current base rent is well below market averages for Drive Thru concepts on this corridor. This not only provides a sense of security in the event of future repositioning, but also future upside to raise rents after the options period. Fair Market Value options not less than 110% of the previous base rent provide future upside.

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