Lowest Cap Rate
3.21%
Lowest Cap Rate over past 24 months
Average Cap Rate
5.72%
12 mo avg with 5+ yr lease term
Average Cap Rate calculated if 3+ comps are available over past 12 months
Quarter Cap Rate
5.62%
Average Cap Rate over previous quarter
Overview
Wendy’s is one of the largest quick service restaurant chains in the world, serving up hamburgers, chicken nuggets, wraps, salads, and of course their famous Wendy’s Frosty, since 1969. Behind their mantra of, “Fresh, never frozen, beef,” Wendy’s has been able to climb to one of the most popular and recognizable brands. Wendy’s offer a variety of different leases but on average they are 20-year terms with rent escalations of 10% every 5 years.
Property & Lease
Sales Price Range$2,250,000 - $4,000,000
NOI Range$100,000 - $175,000
Building SF3,000
Lease Term20 Years
Escalations10% Every 5 Years
Stock SymbolNASDAQ:WEN
Credit Rating
S&PB+
Moody'sB3
Cap Rate By Region
Average regional cap rates calculated over past 24 months, irrespective of term length
4.74
5.27
5.46
5.22
5.57
4.71
*Regional cap rates calculated from sales data available over the past 24 months, irrespective of remaining term.
Financial Fundamentals
- Overview
- Cap Rate By Region
- Financial Fundamentals
- Stock Analysis
Recent Sales Comps
Mountain Home, ID5.15%
Orange Park, FL5.00%
Flushing, NY5.60%
Top Consumer Traffic
Bronx, NY941,300
Brooklyn, NY903,200
Nanuet, NY770,700
Provided by Placer.ai
*Indicates ranking may be skewed due to limited data
