Net Leased Wendy’s
1223 N Missouri Street West Memphis, AR 72301
New
For Sale
Contact for pricing
Pending
Wendy’s is offered in a fee-simple, absolute NNN structure with a 15-year base lease in operation.
Days on Market7
Property Features for 1223 N Missouri Street
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
Lee & Associates - Temecula Valley
(951) 445-4503
Listed By:
Mike Hanna · License #CA 01456055
Source:
Crexi
Added: Jul 21
Changed: Jul 23
Last Checked: Jul 26 at 2:52PM
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 Lee & Associates - Temecula Valley
Investment Insights
Based on property information with market context.
Lee & Associates is pleased to offer for sale a 100% fee-simple interest in a Wendy’s restaurant property located at 1223 N. Missouri Street in West Memphis, AR. Wendy’s is operating under a fifteen (15) year base lease term. The lease has seven (7) years remaining of the primary term and includes four- and five-year renewal options. Lease economics feature rare 2% annual increases throughout the base lease term and option periods. The lease is absolute NNN, with no landlord responsibilities.
The property is within the Memphis Metropolitan Area. The offering is presented for qualified investors seeking an absolute net leased restaurant asset with an active operator under the described lease terms.
The property is within the Memphis Metropolitan Area. The offering is presented for qualified investors seeking an absolute net leased restaurant asset with an active operator under the described lease terms.
Key Highlights
- Wendy’s Restaurant at 1223 N. Missouri Street, West Memphis, AR offered as a 100% fee‑simple interest
- 15‑year base lease is currently in operation, with 7 years remaining in the primary term
- Lease includes four (4), five (5)-year renewal options
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Wendy’s is offered in a fee-simple, absolute NNN structure with a 15-year base lease in operation.
Where is this conventional restaurant located?
The property is located at 1223 N Missouri Street West Memphis, AR.
What are key features of this property?
This property features: Wendy’s Restaurant at 1223 N. Missouri Street, West Memphis, AR offered as a 100% fee‑simple interest; 15‑year base lease is currently in operation, with 7 years remaining in the primary term; Lease includes four (4), five (5)-year renewal options
