Marcus & Millichap is pleased to present the Wendy’s located at 801 W. Norton Ave. in Norton Shores, Michigan. The property features a 2,700-square-foot, single-tenant restaurant situated on 1.06 acres. Constructed in 2017, the property is strategically positioned along an established commercial corridor serving Norton Shores and the greater Muskegon market. According to Placer.ai data, the location ranks No. 1 among Wendy’s locations within a 15-mile radius.
Meritage Hospitality Group Inc. is one of the nation’s largest Wendy’s franchisees, operating a portfolio of 320 restaurants across 15 states and employing approximately 10,000 team members. Headquartered in Grand Rapids, Michigan, Meritage has more than 25 years of experience within the Wendy’s system. The property is secured by a long-term absolute net lease extending through February 2038, providing approximately 11.5 years of remaining term with no landlord responsibilities. The lease features annual rent increases along with six five-year renewal options, providing contractual rental growth and long-term occupancy potential.
The property is directly adjacent to a high-performing Meijer and near Walmart within an established retail corridor surrounded by approximately 9.5 million square feet of retail inventory. The adjacent Meijer ranks within the Top 25% of Meijer locations nationwide based on Placer.ai data. Major retailers within a 5-mile radius include The Home Depot, Menards, ALDI, Gordon Food Service, Target, Dick’s Sporting Goods, Dunham’s Sports and Costco. The property benefits from a highly visible hard signalized corner location at West Norton Avenue and West Henry Street, with combined traffic counts of approximately 36,385 vehicles per day. The property also offers convenient access to Seaway Drive and Business U.S. 31.
Norton Shores continues to attract significant corporate investment and employment growth. In 2026, Chobani broke ground on a $567 million expansion of its La Colombe Coffee Roasters manufacturing facility, expected to add approximately 200,000 square feet of production space, create approximately 337 new jobs and retain more than 300 existing positions. GE Aerospace is also expanding its Norton Shores manufacturing facility with a $7.2 million investment, adding approximately 16,000 square feet and an estimated 70 new skilled jobs. The Norton Shores project is part of GE Aerospace’s broader $75 million investment across its Norton Shores and Muskegon operations, further demonstrating continued investment by major employers within the market.
In addition to ranking No. 1 within a 15-mile radius, the location ranks within the top 14% of Wendy’s locations in Michigan, top 22% among suburban Wendy’s locations nationwide and top 26% of Wendy’s locations nationwide, according to Placer.ai data. Together, the property’s newer construction, long-term absolute net lease, annual rent increases, experienced franchisee, strong visitation rankings, high-traffic location and position within an established and growing commercial market provide a compelling single-tenant investment opportunity.