Fast Food Friday! Newly Listed Wendy’s in Hyattsville, Maryland (D.C. Metro)

Fast Food Friday! Newly Listed Wendy’s in Hyattsville, Maryland (D.C. Metro)

Investment Highlights:

■ Operated by Flynn Restaurant Group, the Largest Franchise
Operator in the United States with more than 2,400
Restaurants and $3.5 Billion in Annual Revenue
■ Very Strong, Increasing Year over Year Sales
■ Rare Freestanding Single Tenant Wendy’s in the DC Metro
Market – 6 Miles from The White House
■ Affluent Demographics: Average Household Income Exceeds
$108,000 in the Market Area
■ Dense Population: More than 31,000 People in a One Mile
Radius and more than 700,000 People in a Five Mile Radius
■ Absolute NNN Lease with No Landlord Responsibilities
■ 8 Minutes from University of Maryland at College Park –
41,200 Students on a 1,340 Acre Campus
■ 14+ Years Remaining on the Base Term of the Lease

Investment Overview:

Marcus & Millichap is pleased to offer for sale this absolute net leased
Wendy’s located at 6410 Sargent Road in Hyattsville, Maryland. The
subject property is located in just a short six mile drive from The White
House in the DC Metro Area with more than 700,000 people located in
a five mile radius. This Wendy’s Restaurant with Drive Thru is operated
by Flynn Restaurant Group, the largest franchise operator in the United
States. Flynn Restaurant Group generates more than $3.5 Billion in
Annual Sales and directly employs 73,000 people in 43 states.
Wendy’s has a long operating history at this site and has experienced
very strong, year over year increasing sales. There are numerous
National and Regional retailers in the immediate area including Pizza
Hut, CVS Pharmacy, 7 Eleven, Save a Lot, Home Depot, Giant Food,
Dunkin Donuts, Staples, Aldi, Starbucks, Regal Cinemas and LA Fitness
among others.
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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