Available! Wendy’s 20 Year NNN Lease in West Monroe, Louisiana

Available! Wendy’s 20 Year NNN Lease in West Monroe, Louisiana

Investment Highlights:

■ Wendy’s 20-Year NNN Lease with 7.5% Increases in Rent
Every 5 Years
■ Complete Store Remodel in 2017
■ Strong Store Sales | Well Above National Average | Healthy
Proposed Rent to Sales Ratio
■ Very Strong Guarantee – 150+ Unit Holding Company
■ Next to Glenwood Medical Center, a 278 Bed State of the
Art Hospital | Numerous Medical Tenants
■ Across the Street from Glenwood Medical Mall
■ Minutes from Industrial Hub Including Louisiana Plastics,
Madison Industries, Grainger Industries
■ Wendy’s is considered an Essential Tenant

Investment Overview:

Marcus & Millichap is pleased to present for sale this Wendy’s Fast
Food Restaurant located at 109 Thomas Road in West Monroe,
Louisiana. At closing, the tenant will sign a 20-Year Absolute NNN
Lease with 7.5 percent increases in rent every five years. This Wendy’s
is located only a few minutes from the Major Industrial Hub of West
Monroe including Louisiana Plastics which is the leading supplier to
the plastics industry, Madison Industries, which is the leading provider
of America’s pulp and paper industry, Grainger Industrial Supply,
Ruston Industries and Caraustar Industries. This property is located
near the 225th Engineer Brigade, the largest engineering formation
brigade of the U.S. Army National Guard. Retailers in the immediate
area include Chase Bank, Legends Pharmacy, Iberia Bank and Cross
Keys Bank.
West Monroe is a city in Ouachita parish, Louisiana situated on the
Ouachita River across from its neighboring city of Monroe. West
Monroe and Monroe are called The Twin Cities of Northeast Louisiana
and a population of 13,065.
Wendy’s is an international fast food restaurant chain founded by Dave
Thomas on November 15, 1969, in Columbus, Ohio, United States. As
of January 2019, there were a total of 6,711 locations, including 353
that are company-owned. 6,358 restaurants are franchised, and 77
percent of them are located in North America. (In 2016, Wendy’s was
the world’s third largest hamburger fast-food chain, following Burger
King’s 12,000 plus locations and McDonald’s with over 31,000 plus
locations.)

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