Wendy's | 6335 Ameriplex Dr
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Wendy's 6335 Ameriplex Dr
2,662 SF Retail Building Portage, IN 46368 $2,590,909 ($973/SF) 5.50% Cap Rate
Investment Highlights
- Neighboring brands like McDonald’s, Starbucks, Subway, Dairy Queen, Taco Bell, and more; Walmart Supercenter just 4 miles away.
- 3-mile radius average household income of $90,000, providing strong economic support for retail success.
- 2.3 miles from Burns Harbor, which produces 5 million tons of metal annually and employs over 3,000 workers.
- 5+ hotels within a 5-mile radius, including Holiday Inn Express, Hampton Inn, Country Inn & Suites, Best Western, and Days Inn, offering significant v
- Positioned off Interstate 94 with 66,000 VPD, just 40 miles from Chicago, ensuring high visibility and accessibility.
- 9 miles from Indiana University Northwest, home to 3,500 students, providing a solid customer base.
Executive Summary
Outstanding Investment Opportunity: Presenting a brand-new Wendy’s in the rapidly growing city of Portage, IN, this property offers a unique chance to secure a stable, long-term income stream. Featuring a 20-year sale-leaseback agreement with Meritage Hospitality Group, one of the largest and most reputable Wendy’s franchise operators, this asset provides exceptional security for investors. The lease is structured as an absolute net lease, meaning the tenant is responsible for all property-related expenses, ensuring minimal landlord obligations.
Additionally, the property offers 1.50% annual rent increases, allowing for steady income growth throughout the lease term. Located in a high-demand area with an average household income of $90,000, the site benefits from strong local demographics, increasing its potential for consistent customer traffic and long-term operational success.
This new construction is strategically positioned in a prime location, further enhancing its investment appeal. With a trusted tenant, growth-oriented lease terms, and an attractive economic environment, this Wendy’s in Portage, IN, represents a premier opportunity for investors seeking a reliable, long-term asset with upside potential.
Additionally, the property offers 1.50% annual rent increases, allowing for steady income growth throughout the lease term. Located in a high-demand area with an average household income of $90,000, the site benefits from strong local demographics, increasing its potential for consistent customer traffic and long-term operational success.
This new construction is strategically positioned in a prime location, further enhancing its investment appeal. With a trusted tenant, growth-oriented lease terms, and an attractive economic environment, this Wendy’s in Portage, IN, represents a premier opportunity for investors seeking a reliable, long-term asset with upside potential.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,662 SF
Building Class
B
Year Built
2024
Price
$2,590,909
Price Per SF
$973
Cap Rate
5.50%
NOI
$142,500
Tenancy
Single
Building Height
1 Story
Lot Size
37.33 AC
Zoning
PD
Frontage
286 FT on Ameriplex Drive
Amenities
- Drive Thru
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 64-05-01-204-003.000-016 | Improvements Assessment | $0 |
| Land Assessment | $62,500 | Total Assessment | $62,500 |
PROPERTY TAXES
Parcel Number
64-05-01-204-003.000-016
Land Assessment
$62,500
Improvements Assessment
$0
Total Assessment
$62,500
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Wendy's | 6335 Ameriplex Dr
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