Wendy’s – New 20-Year Lease (Grand Rapids MSA)

Successful Store with a 7.5% Rent-to-Sales Ratio

New, 20-Year Wendy’s Sale-Leaseback

Across from Home Depot Anchored Shopping Center

Prime Retail Location

• Highly-Trafficked Location Located on the Corner of a Signalized Intersection with Combined Traffic Counts Exceed 85,000 Cars Per Day
• Grand Haven Harbor Sees an Estimated 2+ Million Visitors Annually; Renowned Resort Town Location Voted #2 Best Freshwater Beach in America (USA Today)
• Located Only 2 Miles from Grand Haven State Park and Beaches
• Located on Main Retail Corridor in Close Proximity to Several Major Retailers such as Starbucks, Verizon, Jersey Mike’s, Great Clips, Jimmy John’s, Walgreens, Dollar Tree, Applebee’s, Tropical Smoothie Café, and Many More
• Affluent Area with the Average Household Income Exceeding $106,000 within 5 Miles

Experienced Wendy’s Franchisee

• Absolute NNN Property with Zero Landlord Responsibilities – Ideal for Investors Not Local to the Market
• Meritage Hospitality Group is One of the Largest Wendy’s Franchisee’s in the Country with Over 12,000 Employees and 380 Locations in 16 States
• Scheduled 1.5% Annual Rental Increases Throughout the Initial Term Provide for an Excellent Hedge Against Inflation

Broker of Record: Steve Chaben, Lic. MI 6502387903