Wendy's Real Estate For Sale
Wendy's NNN Properties
In recent years, both Wendy’s and Arby’s had completed a merger (2008) which impacted the quick service restaurant industry considerably. Perspectives on leasing agreements were changed along with new management teams at the helm of the newly formed Wendy’s/Arby’s Group.
Typically, lease terms are twenty year with four separate 5 year options to renew, alongside ten percent rent increases every five years. With varying franchise owners and operators, agreements are also variable depending on sales figures and creditworthiness. Building structures will naturally feature a drive through window with overall dimensions averaging four thousand square feet in size. Lot sizes tend to range between one half to one acre.
As a famous name in fast food, Wendy’s/Arby’s Group, Inc. is an industry-leading QSR (quick serve restaurant) and developer of all new Wendy’s and Arby’s locations throughout the United States. They currently rank as the third largest fast food restaurant chain, trailing only to McDonald’s and Yum! Brands.
Back in 2008, Wendy's International and Triarc Companies (Arby's parent corp.), also known as Arby’s Restaurant Group, Inc. (ARG), would franchise their combined restaurants in operation going forward.
With an ever-delightful assortment of fast food burgers, fries, chicken sandwiches, salads, and wraps ready made for customers, their entire menu offerings including children’s menu and delicious desserts.
With construction of new franchises, Wendy’s maintains profitability from various sources, including direct from corporate-owned properties, franchisee promos and bake sale products, advance franchisor premiums whenever new stores open, and royalties received throughout their franchises.
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