802 E Pancake Blvd - Fast Food FOR SALE
Liberal, KS 67901 |
802 E Pancake Blvd
Liberal, KS 67901
HIGHLIGHTS
- 17 years remaining on initial 20-year Absolute NNN lease with attractive 8% rental escalations every 5 years!
- Wenspoke Companies is an experienced Wendy’s Franchise owner/operator with ±67 restaurants spread across the Pacific Northwest & Midwest.
- Tenant on Lease (Wenplains, LLC) encompasses 10 locations in the Midwest.
- Successfully open & operating since 2017 with an attractive 5.14% Rent-to-Sales Ratio!
- Sales are well-above the national average and have been increasing year over year for over 5 years in a row!
- 2023 DEMOGRAPHICS: Total Population (5-MI): 20,198 | Average Household Income (1-MI): $79,724
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
WENDY’S – LIBERAL, KS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Bank, Restaurant, Storefront
TOTAL BUILDING SIZE
5335
STORIES
1
YEAR BUILT
1970
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
148-34-0-30-08-004.00-0
