Fee Simple Wendy's - 15 Year Absolute NNN | 15732 Arrow Hwy
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Fee Simple Wendy's - 15 Year Absolute NNN 15732 Arrow Hwy
2,676 SF Retail Building Irwindale, CA 91706 $4,900,000 ($1,831/SF) 4% Cap Rate
Investment Highlights
- Long-Term Lease: ±15 years remaining on an absolute NNN lease with no landlord responsibilities.
- Experienced Tenant: Corporate-backed tenant managing 46 restaurants with 32+ years of franchise experience.
- Modern Construction: Built in 2019 with efficient design, ensuring tenant retention.
- Rent Growth: 10% increases every five years, providing a hedge against inflation.
- Prime Location: High-traffic area along Arrow Hwy with ±30,501 ADT and ±28,695 ADT on Irwindale Ave.
- Strategic Market: Positioned in the vibrant San Gabriel Valley market, near major highways and a dense population base.
Executive Summary
This state-of-the-art Wendy’s drive-thru property at 15732 Arrow Hwy, Irwindale, CA, offers a prime opportunity for investors seeking a secure, passive income stream. The ±2,676 SF property, built in 2019, is situated on a ±0.89-acre parcel with a highly efficient drive-thru lane accommodating 10+ vehicles. Boasting a long-term absolute NNN lease with ±15 years remaining, the investment ensures hands-off landlord responsibilities, 10% rent increases every five years, and a corporate franchisee guaranty. Positioned in the heart of Irwindale, along Arrow Hwy and Irwindale Ave, with traffic counts of ±30,501 ADT and ±28,695 ADT respectively, the property benefits from exceptional visibility and accessibility.
Backed by a well-established tenant with over 32 years of multi-brand franchise experience and 46 operating locations, this asset combines financial stability with operational excellence. The location is strategically positioned in the dynamic San Gabriel Valley, near major freeways (I-605 and I-210) and densely populated areas, ensuring strong consumer demand. This Wendy’s drive-thru represents an attractive, recession-resistant investment in a highly desirable market.
Backed by a well-established tenant with over 32 years of multi-brand franchise experience and 46 operating locations, this asset combines financial stability with operational excellence. The location is strategically positioned in the dynamic San Gabriel Valley, near major freeways (I-605 and I-210) and densely populated areas, ensuring strong consumer demand. This Wendy’s drive-thru represents an attractive, recession-resistant investment in a highly desirable market.
Property Facts
Sale Type
Investment NNN
Property Type
Building Size
2,676 SF
Year Built
2019
Price
$4,900,000
Price Per SF
$1,831
Cap Rate
4%
NOI
$196,000
Tenancy
Single
Building Height
1 Story
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Wendy's
- Retailer
- 2,676 SF
- -
- Triple Net
- -
Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
Wendy's | Retailer | 2,676 SF | - | Triple Net | - |
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Fee Simple Wendy's - 15 Year Absolute NNN | 15732 Arrow Hwy
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