2351 Gezon Pky
Wyoming, MI 49519
Wendy's · Retail Property For Sale

The subject property, built in 2002, is a ~3,400 square foot Wendy' s franchise store located in Wyoming, Michigan. The building sits on a ~1 acre lot, featuring 39 parking spots. The franchisee operates over 170 restaurants across 8 states. The tenant's lease extends another 8 years, featuring 5% rent increases every 5 years, with the next bump approaching in 2020. There are two, ten-year renewal options. Please inquire for more information. The asset is located on the highly-trafficked Gezon avenue, which sees approximately 18,000 VPD as one of Wyoming' s main thoroughfares. Wyoming is the 3rd largest city in West Michigan with a population of approximately 70,000. Wyoming, Michigan is 75.8% white, 7.2% African American, 0.6% Native American, 2.8% Asian, 9.6% other, and 3.8% from two or more races.