477150 Highway 95 Ponderay, ID 83852

This Wendy's property, located in the Sandpoint, ID MSA, presents a prime investment opportunity. Constructed in 2021 as a build-to-suit, the property features modern construction designed for operational efficiency. The property is subject to a brand-new 20-year Absolute NNN Lease set to commence at closing, offering passive income and zero landlord responsibilities for management, maintenance, or repairs. The lease includes 8.0% rent increases every five years throughout the initial term and all option periods. The store demonstrates solid operating performance with 2024 gross sales and projected 2025 sales both exceeding $2,000,000. The rent-to-sales ratio is a conservative 7.9%. The store is operated by a successful Wendy's franchisee with over 65 locations across 10 states. The entity guaranteeing the lease will be Wenspok Resources LLC, the franchisee's Pacific Northwest operations, which includes 23 restaurants and total store sales volume in excess of $64,000,000 per year (2024). The property benefits from year-round tourism activity including Schweitzer Mountain Resort and Lake Pend Oreille. Strategically positioned directly on Highway 95, a main route to Schweitzer Mountain Resort, the property benefits from exceptional visibility with over 20,500 vehicles per day. It sits directly across from high-traffic anchors including Walmart, Home Depot, and North 40 Outfitters. The Ponderay/Sandpoint market continues to experience explosive demographic growth, with the population within a 5-mile radius increasing 22% since 2020 and projected to grow another nearly 23% over the next 5 years. The property size is 2685 square feet.