Net-Leased Drive-Through
For Sale
Contact for pricing
1120 W 7th Street, Auburn, IN 46706
Corporate, single-tenant Wendy’s drive-thru is offered for sale with remaining long-term net lease and scheduled rent increases.
Property SizeContact for details
Days on Market121
Property Features for 1120 W 7th Street
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
SURMOUNT
(310) 691-1350
Listed By:
Kyle Gulock · License #CA 01861385
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 6:07AM
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 offering features a corporate, single-tenant, net leased Wendy’s drive-thru restaurant. The property is available for sale either individually or as part of a portfolio of similar net-leased assets.
The lease has 15 years of term remaining, with scheduled 10% rent increases every five years. The seller also notes the portfolio’s store sales are trending positively, with a 10% increase from 2018 to 2019, and references Wendy’s system-wide sales ranking and same-store growth history in the provided materials.
The lease has 15 years of term remaining, with scheduled 10% rent increases every five years. The seller also notes the portfolio’s store sales are trending positively, with a 10% increase from 2018 to 2019, and references Wendy’s system-wide sales ranking and same-store growth history in the provided materials.
Key Highlights
- Corporate, single‑tenant Wendy’s drive‑thru offered for sale with an absolute triple net lease structure.
- Lease term: 15 years remaining under the net lease.
- Scheduled rent increases of 10% every five (5) years.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
484
Businesses Nearby
495k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 44%
Shops & Services 23%
Superstores 15%
Groceries 9%
Walmart
Superstores
75,748 visits/mo
0.4 miles
McDonald's
Dining
35,389 visits/mo
0.2 miles
Kroger
Groceries
31,310 visits/mo
0.4 miles
Texas Roadhouse
Dining
26,843 visits/mo
0.1 miles
Culver's
Dining
26,216 visits/mo
0.1 miles
Demographics for 46706, IN
19,995
Population
8,336
Households
2.4
Avg Household Size
41
Median Age
27%
College-Educated
95%
High-School Grad
87.9 sq mi
ZIP Area
227
Density / Sq Mi
$76,288
Median Household Income
$43,617
Median Earnings
$829
Median Rent
$194,900
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Drive through restaurant - Corporate, single-tenant Wendy’s drive-thru is offered for sale with remaining long-term net lease and scheduled rent increases.
Where is this drive through restaurant located?
The property is located at 1120 W 7th Street Auburn, IN.
What are key features of this property?
This property features: Corporate, single‑tenant Wendy’s drive‑thru offered for sale with an absolute triple net lease structure.; Lease term: 15 years remaining under the net lease.; Scheduled rent increases of 10% every five (5) years.
