Marcus & Millichap is pleased to present the opportunity to acquire a freestanding Wendy's drive-thru located at 3341 East 31st Street in Tulsa, Oklahoma, within the established Midtown Tulsa trade area. The ±1,541-square-foot restaurant, built in 2021, sits on ±0.63 acres and is secured by a 20-year NNN ground lease that commenced March 2024, with ±17.5 years remaining, zero landlord responsibilities, and four (4) five-year renewal options. Annual base rent of $120,000 is offered at a 5.75% cap rate, with scheduled 10% rent increases every five years. The restaurant is operated by Cotti Foods, a 228-unit operator of Wendy's, Taco Bell, and 7 Brew locations across six states, and the lease is guaranteed by Cotti Foods Midwest, a 59-unit entity. The property fronts East 31st Street (±8,638 VPD) near South Harvard Avenue (±19,727 VPD), with convenient access to Interstate 44 (±92,778 VPD) and U.S. Route 64 (±74,978 VPD). The 3-mile radius holds 93,287 residents with an average household income of $124,992, and the trade area includes the University of Tulsa (4,000+ students), Tulsa Community College Northeast (2,000+ students), and OSU Medical Center (235 licensed beds). Tulsa is the second-largest MSA in Oklahoma with 1.07 million residents. Wendy's operates 7,000+ restaurants worldwide (NASDAQ: WEN), pairing a recognized brand with passive, long-term ground lease income.