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Wendy's Drive-Through Restaurant
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108 Main St, Toledo, OH 43605

Brand-new construction with a long-term NNN lease structure and no landlord responsibilities.

Property Size2,093 SF
Lot Size0.54 Acres
Days on Market144

Property Features for 108 Main St

General Information

Standard status Active
Size 2,093 SF
Lot size 0.54 Acres
Property subtype Retail
Listing Agency: SURMOUNT
Listed By: Glen Kunofsky · License #NY 49KU1129178
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 12:45AM

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 Wendy’s drive-through restaurant is a brand-new construction property containing 2,093 square feet on approximately 0.54 acres. The asset is located at 108 Main Street in Toledo, Ohio.

The tenant is expected to execute a new 20-year triple-net lease beginning the day after closing, with no landlord responsibilities. Contractual rent increases are set at the lesser of CPI or 1.25% annually beginning in Year 3 and continue through the base term and six five-year renewal options.

The lease includes a guaranty from Meritage Hospitality Group, identified as an experienced operator of more than 345 units and the second-largest Wendy’s franchisee.

Key Highlights

  • Brand‑new 2,093‑square‑foot Wendy’s drive‑through restaurant
  • Approximately 0.54 acres at 108 Main Street, Toledo, OH
  • New 20‑year triple‑net lease begins the day after closing

Property Analytics

Current Use

Wendy's Restaurant

Suggested Use

Top Pick Dental Office Bakery Nail Salon Food Market Skin Care Clinic Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

689
Businesses Nearby
67k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 86% Shops & Services 10% Home Improvements & Furnishings 4%
McDonald's Dining
19,828 visits/mo 0.2 miles
Taco Bell Dining
11,585 visits/mo 0.1 miles
Burger King Dining
11,506 visits/mo 0.2 miles
Wendy's Dining
9,111 visits/mo 0.1 miles
Dollar General Shops & Services
4,579 visits/mo 0.4 miles

Demographics for 43605, OH

25,007
Population
11,985
Households
2.1
Avg Household Size
34
Median Age
9%
College-Educated
79%
High-School Grad
7.2 sq mi
ZIP Area
3,473
Density / Sq Mi
$36,389
Median Household Income
$27,210
Median Earnings
$847
Median Rent
$46,000
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Brand-new construction with a long-term NNN lease structure and no landlord responsibilities.
Where is this drive through restaurant located?
The property is located at 108 Main St Toledo, OH.
What are key features of this property?
This property features: Brand‑new 2,093‑square‑foot Wendy’s drive‑through restaurant; Approximately 0.54 acres at 108 Main Street, Toledo, OH; New 20‑year triple‑net lease begins the day after closing
(332) 345-4222 Call to check price and availability
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