802 E Pancake Blvd | Liberal, KS 67901
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802 E Pancake Blvd
Liberal, KS 67901
WENDY’S (HIGH SALES VOLUME) – LIBERAL, KS · Retail Property For Sale
Investment Highlights
- 17 years remaining on initial 20-year Absolute NNN lease with attractive 8% rental escalations every 5 years! Next rental escalation is 01/01/26.
- Tenant on Lease (Wenplains, LLC) encompasses 10 locations in the Midwest.
- Built in 2017 to Wendy’s latest prototype with impressive double drive-thru stack & ample parking for both cars & tractor trailers
- Wenspoke Companies is an experienced Wendy’s Franchise owner/operator with ±67 restaurants spread across the Pacific Northwest & Midwest.
- Successfully open & operating since 2017 with an attractive 5.14% Rent-to-Sales Ratio! Sales are well-above the national average
- According to Bureau of Labor Statistics (December 2023), Kansas’s rate at 2.8% | National unemployment rate at 3.7%
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
5,335 SF
Building Class
C
Year Built/Renovated
1970/2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.80 AC
Zoning
C
Frontage
375 FT on East Pancake Boulevard
Amenities
- Restaurant
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | 148-34-0-30-08-004.00-0 | Improvements Assessment | $261,988 |
| Land Assessment | $23,000 | Total Assessment | $284,988 |
PROPERTY TAXES
Parcel Number
148-34-0-30-08-004.00-0
Land Assessment
$23,000
Improvements Assessment
$261,988
Total Assessment
$284,988
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