Triple-Net Wendy’s
1011 W Main St Artesia, NM 88210
For Sale
Contact for pricing
Wendy’s restaurant property available for sale with a new 20-year triple-net lease structure.
Property Size3,120 SF
Lot Size0.64 Acres
Days on Market104
Property Features for 1011 W Main St
General Information
- Standard status
- Active
- Size
- 3,120 SF
- Lot size
- 0.64 Acres
- Property subtype
- Retail
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 12
Changed: Jul 23
Last Checked: Jul 23 at 1:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SURMOUNT
Investment Insights
Based on property information with market context.
This sale offers a Wendy’s restaurant property with 3,120 square feet of building space on approximately 0.64 acres of land. The property will be leased under a brand new 20-year triple-net (NNN) arrangement with no landlord responsibilities upon the day following close of escrow.
Lease terms include rental increases of eight percent every five years, continuing through the base term and into four, five-year tenant renewal options. The lease also includes a guaranty from Wendgord, LLC.
The asset is presented as a conventional restaurant NNN investment and is being offered at 1011 W Main St in Artesia, New Mexico.
Lease terms include rental increases of eight percent every five years, continuing through the base term and into four, five-year tenant renewal options. The lease also includes a guaranty from Wendgord, LLC.
The asset is presented as a conventional restaurant NNN investment and is being offered at 1011 W Main St in Artesia, New Mexico.
Key Highlights
- Wendy’s restaurant at 1011 W Main St, Artesia, NM, offering 3,120 SF of building space
- Approximately 0.64 acres of land included with the property
- Tenant will sign a brand new 20‑year triple‑net (NNN) lease with no landlord responsibilities upon the day after escrow close
Property Analytics
Location Intelligence
Current Use by Public Records
Wendy's
Restaurant
Similar Off Market Nearby
- Everspring — 502 W Main St, Artesia, NM 88210
FAQs
What type of property is this?
Conventional restaurant - Wendy’s restaurant property available for sale with a new 20-year triple-net lease structure.
Where is this conventional restaurant located?
The property is located at 1011 W Main St Artesia, NM.
What are key features of this property?
This property features: Wendy’s restaurant at 1011 W Main St, Artesia, NM, offering 3,120 SF of building space; Approximately 0.64 acres of land included with the property; Tenant will sign a brand new 20‑year triple‑net (NNN) lease with no landlord responsibilities upon the day after escrow close
