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Fee Simple Wendy's - 12+ Year Absolute NNN 15732 Arrow Hwy 2,676 SF Retail Building Irwindale, CA 91706 $4,266,667 ($1,594.42/SF) 4.50% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Absolute NNN Lease: Passive investment with ±13 years remaining, hands-off income stream for many years to come.
  • Experienced Tenant: Corporate-backed tenant managing 46 restaurants with 32+ years of franchise experience.
  • Modern Construction: Built in 2019 with efficient design, ensuring tenant retention.
  • Rent Growth: 10% increases every five years, providing a hedge against inflation.
  • Prime Location: High-traffic area along Arrow Hwy with ±30,501 ADT and ±28,695 ADT on Irwindale Ave.
  • Strategic Market: Positioned in the vibrant San Gabriel Valley market, near major highways and a dense population base.

EXECUTIVE SUMMARY

This state-of-the-art Wendy’s drive-thru property at 15732 Arrow Hwy, Irwindale, CA, offers a prime opportunity for investors seeking a secure, passive income stream. The ±2,676 SF property, built in 2019, is situated on a ±0.89-acre parcel with a highly efficient drive-thru lane accommodating 10+ vehicles. Boasting a long-term absolute NNN lease with ±13 years remaining, the investment ensures hands-off landlord responsibilities, 10% rent increases every five years, and a corporate franchisee guaranty. Positioned in the heart of Irwindale, along Arrow Hwy and Irwindale Ave, with traffic counts of ±30,501 ADT and ±28,695 ADT respectively, the property benefits from exceptional visibility and accessibility.
Backed by a well-established tenant with over 32 years of multi-brand franchise experience and 46 operating locations, this asset combines financial stability with operational excellence. The location is strategically positioned in the dynamic San Gabriel Valley, near major freeways (I-605 and I-210) and densely populated areas, ensuring strong consumer demand. This Wendy’s drive-thru represents an attractive, recession-resistant investment in a highly desirable market.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,676 SF
Building Class
B
Year Built
2019
Price
$4,266,667
Price Per SF
$1,594.42
Cap Rate
4.50%
NOI
$192,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.90 AC
Zoning
IRM2YY - Commercial Retail

AMENITIES

  • Pylon Sign
  • Restaurant
  • Signage
  • Drive Thru

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Wendy's
  • Retailer
  • 2,676 SF
  • -
  • Triple Net
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Wendy's Retailer 2,676 SF - Triple Net -

NEARBY MAJOR RETAILERS

Starbucks
Banc of California

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
8417-035-036
Land Assessment
$933,018
Improvements Assessment
$944,842
Total Assessment
$1,877,860
  • Listing ID: 34062758

  • Date on Market: 12/3/2024

  • Last Updated:

  • Address: 15732 Arrow Hwy, Irwindale, CA 91706

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