Marcus & Millichap is pleased to present the opportunity to acquire a single-tenant Wendy’s located at 6501 Pierson Road in Flushing, Michigan, within the Flint MSA. The property is leased on a brand-new 20-year absolute NNN lease that commenced in April 2023. The lease features 10% rent increases every five years and includes two (2) five-year renewal options. There are zero landlord responsibilities, and the lease is personally guaranteed by the high-net-worth individual that owns this 60+ unit Wendy's operation.
This ±3,445-square-foot building sits on a ±1.26-acre parcel and was fully remodeled in 2022 to meet the brand’s latest prototype standards. It is located along Pierson Road (±17,052 VPD), just west of Elms Road, near a Meijer-anchored center and other national tenants such as Taco Bell, Walgreens, Dollar Tree, 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.