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Wendy's – Corporate Guaranteed Lease 2215 Maplecrest Rd 3,266 SF Retail Building Fort Wayne, IN 46815 $2,227,600 ($682.06/SF) 6.25% Cap Rate
Investment Highlights
- Corporate guaranteed lease with 10% increases every 5 years; Prime retail location – across from Kroger & Georgetown Square center
- $77,068 average household income (1-mile radius); Just off “main and main” intersection carrying 30,000+ VPD
- 30-year seasoned location with strong historical performance; Direct frontage to Maplecrest Rd, a primary thoroughfare
- Situated at the heart of thriving residential hub – Near Lofton Woods, Lake Forest, Georgetown Place & more
Executive Summary
Secure a prime Wendy's investment opportunity with a corporate guaranteed lease and 10% increases every 5 years. This 30-year seasoned location boasts a strong track record of performance, ensuring stability and growth. Positioned with direct frontage on Maplecrest Rd, a major thoroughfare, this property benefits from high visibility and consistent traffic.
This prime retail location sits directly across from Kroger & Georgetown Square Center, offering excellent visibility and strong consumer traffic. Positioned just off a high-traffic “main and main” intersection with 30,000+ VPD, this site ensures maximum exposure, and is surrounded by thriving residential communities like Lofton Woods, Lake Forest, and Georgetown Place.
This prime retail location sits directly across from Kroger & Georgetown Square Center, offering excellent visibility and strong consumer traffic. Positioned just off a high-traffic “main and main” intersection with 30,000+ VPD, this site ensures maximum exposure, and is surrounded by thriving residential communities like Lofton Woods, Lake Forest, and Georgetown Place.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,266 SF
Building Class
C
Year Built
1995
Price
$2,227,600
Price Per SF
$682.06
Cap Rate
6.25%
NOI
$139,226
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.81 AC
Parking
36 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
156’ on Maplecrest Rd
Amenities
- 24 Hour Access
- Pylon Sign
- Drive Thru
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
Wendy's began in 1969 when Dave Thomas opened the first Wendy's Old Fashioned Hamburgers restaurant in Columbus, Ohio. The company operates a quick-service restaurant system built around company-operated and franchised locations, with a presence across the United States and international markets. Wendy's menu centers on made-to-order square hamburgers with fresh beef, along with chicken sandwiches and nuggets, Baconator items, Frosty desserts, and other core menu offerings. The company pursues ongoing menu development and expansion across the global restaurant system, reflecting a business focused on burgers, chicken, desserts, and franchise operations.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Accommodation and Food Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 02-08-33-280-003.000-072 | Improvements Assessment | $227,100 |
| Land Assessment | $243,500 | Total Assessment | $470,600 |
Property Taxes
Parcel Number
02-08-33-280-003.000-072
Land Assessment
$243,500
Improvements Assessment
$227,100
Total Assessment
$470,600
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