Wendy’s

• New 15-Year Absolute NNN Lease | 2% Annual Rental Increases: The opportunity provides investors with a long-term passive income stream through a 15-year NNN lease executed at the close of escrow. Furthermore, the lease includes 2.00% annual rent increases provide consistent NOI growth throughout the lease term, enhancing long-term cash flow and providing a built-in hedge against inflation.
• Strong Tenant Credit | 230+ Restaurant Portfolio: The restaurant is operated by an experienced and well-capitalized Wendy’s franchisee, providing investors with the benefit of an established operator with significant scale and operating history. Delight Restaurant Group operates 230+ Wendy’s, Taco Bell and 7 Brew restaurants across eight states and generates more than $500 million in annual revenue. The company is actively focused on growing its restaurant portfolio, providing investors with a proven operating platform behind the lease.
• Walmart Supercenter Outparcel | Proven Retail Environment: The property is strategically positioned as an outparcel to a Walmart Supercenter, placing the asset within an established daily-needs retail environment. Walmart’s recurring grocery, pharmacy, automotive and general merchandise traffic creates a consistent customer draw and enhances the site’s visibility and accessibility. For an investor, the location provides an established retail ecosystem that supports the long-term viability of the Wendy’s operation.
• University-Driven Consumer Base | University of Mount Olive: The property benefits from its proximity to the University of Mount Olive, an established higher-education institution within the community. The University creates a consistent population of students, faculty, staff and visitors who contribute to local retail and restaurant demand. This provides the property with an additional recurring customer base and diversifies consumer demand beyond the surrounding residential population.
• Established Mount Olive Market | Strategic Highway Positioning: Mount Olive serves as a commercial center within Wayne County, with US 117 and NC 55 functioning as key retail and transportation corridors through the community. The property’s strategic positioning along NC Highway 55 provides excellent accessibility and visibility to local residents and commuters, supporting consistent consumer traffic and drive-thru demand while benefiting from an established retail environment and existing consumer base.