1792 Alexandria Dr
Lexington, KY 40504
Wendy's w/ DriveThru | Abs NNN | Outparcel · Retail Property For Sale

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, drive-thru equipped, Wendy’s investment property located in Lexington, KY. The tenant, MUY Hamburger Partners LLC dba Wendy’s, recently extended their lease for an additional 10 years with 1 (5-year) option to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of the option period, steadily NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities and is franchisee guaranteed by MUY Hamburger Partners LLC, an experienced Wendy’s operator. MUY Brands now operates over 700 Wendy’s, Pizza Hut and Taco Bell restaurants throughout the U.S., employs over 14,000 team members, and is the 3rd largest management-owned franchise restaurant company in America. The Wendy’s is also undergoing a remodel this year that will feature a new, modern design.