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Remodeled Wendy’s Restaurant
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2833 Prince St, Clovis, NM 88101

Newly remodeled restaurant on a signalized corner lot along a four-lane thoroughfare.

Days on Market113

Property Features for 2833 Prince St

General Information

Standard status Active
Property subtype Retail

Building Details

Year Renovated 2018
Tenancy Single
Listing Agency: Marcus & Millichap - Seattle
Listed By: Hank Wolfer · License #WA 110547
Source: Crexi
Added: Apr 12 Changed: Jul 21 Last Checked: Jul 22 at 9:58AM

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 Marcus & Millichap - Seattle

Investment Insights

Based on property information with market context.

The property is a newly remodeled Wendy’s restaurant. The site was fully remodeled in 2018 and is positioned on a signalized corner lot, providing street-level presence on a high-traffic, four-lane thoroughfare.

At close of escrow, the site will be under a new 20-year lease with 8% increases every five years. The current operating entity listed for the location is Wendgord, LLC (6-units), an affiliate of Wendcentral, LLC (125+ unit operator).

The restaurant is also described as an outpad to North Plains Mall. The adjacent tenant environment includes JC Penney, Foot Locker, and Bath & Body Works, along with several other retailers.

Key Highlights

  • Newly remodeled Prince Street Wendy’s restaurant fully remodeled in 2018
  • Signalized corner lot on a high‑traffic four‑lane thoroughfare (Prince St.)
  • At close of escrow, property will be under a new 20‑year lease with 8% increases every 5 years

Property Analytics

Current Use

Wendy's Restaurant

Suggested Use

Top Pick Law Firm HVAC Service Kitchen & Bath Showroom Plumbing Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store

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

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

71
Businesses Nearby
14k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Phillips 66 Shops & Services
7,766 visits/mo 0.3 miles
Dollar General Shops & Services
6,057 visits/mo 0.3 miles

Demographics for 88101, NM

45,651
Population
19,798
Households
2.3
Avg Household Size
33
Median Age
21%
College-Educated
82%
High-School Grad
539.3 sq mi
ZIP Area
85
Density / Sq Mi
$55,349
Median Household Income
$35,816
Median Earnings
$991
Median Rent
$162,400
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Similar Off Market Nearby

  • Happy Garden 116 E 21st St, Clovis, NM 88101

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Newly remodeled restaurant on a signalized corner lot along a four-lane thoroughfare.
Where is this conventional restaurant located?
The property is located at 2833 Prince St Clovis, NM.
What are key features of this property?
This property features: Newly remodeled Prince Street Wendy’s restaurant fully remodeled in 2018; Signalized corner lot on a high‑traffic four‑lane thoroughfare (Prince St.); At close of escrow, property will be under a new 20‑year lease with 8% increases every 5 years
More about this property
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