Marcus & Millichap is pleased to present the opportunity to acquire a single-tenant Wendy’s located at 4671 Highway 280 Birmingham, AL 35242. The property is leased on a brand-new 20-year absolute NNN lease that commenced in September 2015. The lease features 7.5% rent increases every five years and includes Four (4) five-year renewal options. There are zero landlord responsibilities, and the lease is personally guaranteed by Southeast Restaurant Group, a 53-unit entity which is a subsidiary of KFK group that owns and operates 90+ QSR’s across Seven States.
This ±3,349-square-foot building sits on a ±0.45-acre parcel and was constructed in 2021 to meet the brand’s latest prototype standards. It is located along Highway 280 (±86,000 VPD), on a signalized hard corner, adjacent to a Home Depot-anchored center and other national tenants such as Taco Bell, Walgreens, Kohl’s, Winn Dixie, Starbuck’s and AutoZone. The surrounding area features a strong mix of residential neighborhoods, senior housing, and retail services.
Wendy’s is the third-largest quick-service hamburger chain in the world, with over 7,000 locations and more than $12 billion in annual revenue. As the franchise system expands toward 1,000 net new units by 2028, this location provides a highly strategic, long-term investment opportunity backed by brand strength, a passive lease structure, and strong real estate fundamentals.