Wendy’s

Clayton, OH

Price $2,295,000
Cap Rate 5.75%
TYPE Single-Tenant
STATUS Available
Tenant Wendy's
LEASE TYPE Absolute NNN
SQUARE FEET 3,129
PRICE/SQ FT $733
YEAR BUILT 2004
LEASE EXP. 09/30/2026
LISTING AGENT Justin Zahn
480-214-5088 x102
justin@ciadvisor.com
Branen L. Weade, Weade Realtors & Auctioneers, LLC.
Ohio Local Broker #2010000811

Property Description

Wendy’s has 8+ years remaining on an initial 20-year absolute NNN lease with 6% rental escalations every 5 years and four 5-year renewal options. The tenant, MUY Hamburger Partners, LLC is one of the largest private restaurant employers in the US with 312 Wendy’s locations in 5 states. The subject location has been successfully open and operating since 2004 with and attractive 7.60% rent to sales ratio.

Wendy’s is located in Clayton, Ohio on a large 1.78 acre lot just south off I-70 with excellent drive-by visibility on the hard corner of Hoke Road and Salem Avenue. Nearby retailers to this asset include: Tractor Supply Co. Walmart Supercenter, the Home Depot, Lowe’s Home Improvement, Burlington, Family Dollar, Dollar General, Joann Fabrics, Big Lots, Sally Beauty, etc. Wendy’s is half a mile from Miami Valley Career Technology Center (326 students) and 2 miles from Sinclair Community College Englewood.

*In Association with Ohio Local Broker: Branen L. Weade, Weade Realtors & Auctioneers, LLC #2010000811

Property Highlights

  • 8+ Years Remaining on 20-Year Absolute NNN Lease with 6% Rental Escalations every 5 Years with Four 5-Year Renewal Options
  • Successfully Open & Operating Since 2004 with an Attractive 7.60% Rent-to-Sales Ratio!
  • Demographics: Total Population (5-MI): 61,254 | Average Household Income (1-MI): $92,760
  • MUY Hamburger Partners, LLC is One of the Largest Private Restaurant Employers in the U.S. with 312 Wendy’s Locations in 5 States
  • Sits on a Large ±1.78-Acre Lot, South Off of I-70 (48,660 CPD) on Hard Corner Location on Hoke Rd & Salem Ave where Traffic Counts Exceed 25,710 CPD!