Wendy's 1417 Hewitt Dr 2,419 SF Retail Building Woodway, TX 76712 $2,495,000 ($1,031.42/SF) 5.64% Cap Rate

This offering represents the opportunity to acquire a fee simple interest in a single tenant, net leased Wendy’s located in Waco, Texas. The property is operated by 916 Foods, a multi unit franchisee within the Wendy’s system, and represents an established, high performing location with a proven operating history.
The investment is supported by approximately 12 plus years of remaining lease term with contractual rent increases, offering investors a predictable and growing income stream. The true triple net structure ensures minimal management requirements, making it well suited for passive investors and 1031 exchange buyers.
The property is strategically located along Hewitt Drive with direct access to Interstate 35, a major regional thoroughfare. The immediate trade area is anchored by national retailers including H-E-B, Walmart, CVS Pharmacy, and Walgreens, supporting strong consumer draw and long term real estate fundamentals.
The combination of an established, high performing location, long term leased income, and built in rent growth makes this an attractive, low management investment opportunity.