wendy’s restaurant - loopnet

DAVE DELATORRET 619 247 8585

[email protected]

7486 La Jolla Boulevard, Suite 173La Jolla, California 92037

WENDY’S RESTAURANT

NNN Investment2944 Harshman RoadDayton, Ohio 45424

Wendy’s NNN InvestmentPROPERTYWendy’s Restaurant

LOCATION2944 Harshman Road, Dayton Ohio 45424

SALES PRICE$2,190,000

CAPITALIZATION RATE5.25%

RENT

BUILDING SIZELarge 3,148 square feet contemporary building that was constructed originally in 1991 and remodeled to Wendy’s current image standards in 2017

LAND PARCEL SIZEApproximately 43,560 square feet with plentiful parking.

PRIMARY LEASE TERM & OPTION PERIODSNew 20 year lease term commencing August 1, 2018 with four additional 5 year options to extend at the same terms and conditions.

RENTAL INCREASES10% rent increases every 5 years including options.

2

EXECUTIVE SUMMARY

Year 1-5 Years 6-10 Year 11-15 Years 16-20

Monthly $9,583 $10,542 $11,596 $12,755

Annual $115,000 $126,500 $139,150 $153,065

DAVE DELATORRET 619 247 8585 [email protected]

7486 La Jolla Boulevard, Suite 173, La Jolla, California 92037

TENANT INFORMATIONMUY Hamburger Partners LLC was established in 2012

and is currently the second largest a Wendy’s franchisee

who operates 312 Wendy’s restaurants in the Ohio,

Texas, and New York markets. MUY Hamburger Partners

operates a total of 31 restaurants in and around the

Dayton area of Ohio. MUY Hamburger Partners also

operate another 40 Wendy’s in the Cincinnati market &

surrounding areas plus another 38 Wendy’s in Cleveland

Ohio for a total of 109 Wendy’s Restaurants in Ohio.

MUY Hamburger Partners is part of the MUY Companies

which operate another 364 Pizza Hut Restaurants in

Texas, 6 southeast states, and Minnesota and who are

one of the largest Pizza Hut franchisees in America.

The MUY companies also own & operate 79 Taco Bell

restaurants in 6 northeast states. The collective MUY

Companies own & operate 754 restaurants and were

recently recognized by Nation’s Restaurant News 2017

industry survey as the 5th largest franchisee in America

with revenues approaching $1 billion. Please visit

the company website at www.muycompanies.com for

additional information on the company.

3

Wendy’s NNN InvestmentEXECUTIVE SUMMARY

4

COMMENTSThe Wendy’s Restaurant is ideally located in the dense residential suburbs

of northeast Dayton Ohio and these neighborhoods feature excellent fast

food demographics. A Kroger Grocery store is the primary grocery store

used by local residents which anchors the trade area as well as a cluster

of 6 national fast food restaurants & several strip retail centers which

creates considerable amount of synergy in the trade area. There are also

very favorable afternoon & early evening traffic patterns that create an

excellent amount of lunchtime and early dinner business at this location

as traffic counts along Harshman Road exceed 30,000 cars per day.

This Wendy’s restaurant also draws from the prestigious Huber Heights

residential neighborhoods to the north of the Wendy’s property which has

some of the best demographics in the Dayton area.

The Wendy’s restaurant was originally constructed in 1991 so it has a 35+

year history of successful operations in this location which is an excellent

track record of success. The large oversized 3,148 SF restaurant building

was completely remodeled to Wendy’s current image standards in 2017

and is beautiful. The very large dining room offers one of the largest floor

plans that Wendy’s operates with all of Wendy’s modern design features

incorporated. The 43,560 SF land parcel is also very large and offers

Wendy’s customers both plentiful parking along with an excellent drive

thru facility.



The Wendy’s site is also close to the 1,100 student Walter Stebbins High

School and 500 student Mad River Middle School. This Wendy’s location

also draws from 8,000+ acre Wright Patterson Airforce Base which has

approximately 20,000 military personal and their families who are located

on or near the base. The Dayton market is considered a major market for

MUY Hamburger Partners LLC who operates 31 Wendy’s restaurants in

the city and surrounding areas. The Dayton market is considered Wendy’s

“home turf” as the company was founded in 1969 in Columbus Ohio and

has it corporate headquarters in Dublin Ohio. Wendy’s average store

sales volumes in Ohio are some of the highest in the nation as a result of

Wendy’s being a home town favorite.

Wendy’s NNN InvestmentEXECUTIVE SUMMARY

5



Wendy’s NNN InvestmentPHOTOS

6



LAND SURVEY & FLOOR PLAN

Wendy’s NNN InvestmentAERIAL VIEWS

SUBJECT PROPERTY

Ha

rshm

an

Rd

.

CONDENSER PIPE CURB DETAILSCALE: 1 1/2" = 1'-0"

FLOOR, FINISH AND EQUIPMENT PLANSCALE: 1/4" = 1'-0"

FLOOR & FINISH PLAN GENERAL NOTESSYMBOL LEGENDDESCRIPTIONSYMBOL

EQUIPMENT SCHEDULE

SEAL

DESCRIPTIONDATEREV.

ISSUE DATE:

PROJECT NUMBER:

DRAWN BY:

CHECKED BY:

SHEET NAME

SHEET NUMBER

12/8

/201

6, 4

:44

PM

, P:\W

EN

DY

'S\1

6.14

3 01

697

MU

Y D

ayto

n-H

arsh

man

, OH

\Con

stru

ctio

n dr

awin

gs\0

9_C

G34

80_A

1_1_

FLO

OR

_PLA

N.D

WG

, nm

orga

n

SITE NUMBER:

BASE MODEL:

01697

CG3480

FRANCHISEE

REFRESH

MUY HAMBURGERS

2016 JAN.

N/A

2016

2016

THRU DB 2015-02

OWNER:

BASE VERSION:

DESIGN BULLETINS:

PROJECT YEAR:

ASSET TYPE:

CLASSIFICATION:

UPGRADE CLASSIFICATION:

FURNITURE PACKAGE:

PROJECT TYPE:

8600 Freeport Parkway, Suite 310Irving, TX 75063Phone: 972.929.9226Fax: 972.929.9061

Marc Brundige,Architect

17890 BLANCO ROAD, #401SAN ANTONIO, TEXAS

78232PHONE: (210) 493-3505

#016

9729

44 H

AR

SH

MA

N R

OA

DD

AY

TON

, OH

454

24

FLOOR, FINISH& EQUIPMENT PLAN

DRINK STATIONN.T.S.

7DAVE DELATORRET 619 247 8585 [email protected]

Brandt

Pike


SUBJECT PROPERTY

Ha

rshm

an

Rd

.2018 Demographics 1 Mile 3 Miles 5 Miles

Population

Median Age

Avg. HH Income

Kroger Shops

Kroger Gas

Traffic Counts

Harshman Rd. 30,000 CPD

Brandt Pike 21,500 CPD



SUBJECT PROPERTY

Huber Heights

Forest Ridge and Qual Hollow Neighborhood



SUBJECT PROPERTY

4

Avondale


Wendy’s NNN InvestmentMAPS

SUBJECT PROPERTY

SUBJECT PROPERTY


Kroger Grocery Store Kroger Grocery Store Shops Kroger Gas & C-Store

Gordon Food Service Wright Patt Credit Union

Wendy’s NNN InvestmentTRADE AREA

Walter Stebbins High School


McDonald’s Restaurant Burger King Restaurant Taco Bell Restaurant

KFC Restaurant Tim Horton’s Cafe & Bakery Sonic Restaurant



National Tire & Battery Tire Discounters Dollar Tree

Pizza Hut Retail Center Family Dollar Center Retail Strip Center


Dayton, OhioDayton offers both a revamped downtown

area full of unique activities, and suburbs that

provide close-knit communities for the many

who call the region home.

As the hometown of first flyers Orville

and Wilbur Wright, as well as the Wright-

Patterson Air Force Base, Ohio’s sixth-largest

metro area is rich in aviation history. Aviation

enthusiasts will appreciate the Dayton

Aviation Heritage National Historical Park,

the National Museum of the U.S. Air Force

and the Wright Brothers National Memorial.

Those who enjoy spending time outdoors

will find nearly 20 different metro parks and

more than 330 miles of paved biking trails.

Several historic neighborhoods and districts,

a bike-share program and about a dozen

craft and microbreweries add to Dayton’s

cultural jewels.

Dayton has a variety of attractions and

entertainment options that residents enjoy.

The Dayton Art Institute and Boonshoft

Museum of Discovery are great places to visit

for an afternoon. Performing arts lovers will

enjoy shows downtown at The Loft Theatre

and Victoria Theater, as well as the Benjamin

and Marian Schuster Performing Arts Center.

Fans of live music frequent the bars to see

local bands play.

Basketball fans enjoy watching the Wright

State Raiders and the Dayton Flyers. The

Dayton Mall, Austin Landing and the Mall

at Fairfield Commons offer a variety of

shopping and restaurant outlets, as well as

the outdoor mall, The Greene. Nearby state

parks, nature reserves and golf courses are

great settings for outdoor recreation.

Wendy’s NNN InvestmentAREA INFORMATION


DAVE DELATORRET 619 247 8585 F 828 459 3066

[email protected]

7486 La Jolla Boulevard, Suite 173La Jolla, California 92037

wendy’s restaurant - loopnet

Documents