Triple-Net Wendy’s
For Sale
Contact for pricing
484 Center St, Ludlow, MA 01056
Brand new 20-year NNN lease with rent bumps tied to CPI or 1.25% annually starting in Year 3.
Property Size2,584 SF
Lot Size0.87 Acres
Days on Market121
Property Features for 484 Center St
General Information
Standard status
Active
Size
2,584 SF
Lot size
0.87 Acres
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 22 at 6:12PM
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.
Marcus & Millichap presents the opportunity to acquire a Wendy’s triple-net restaurant property. The building includes 2,584 square feet and sits on approximately 0.87 acres of land. Upon the day following close of escrow, the tenant will enter into a brand new 20-year triple-net (NNN) lease with absolutely no landlord responsibilities.
The lease provides for rental increases that will be the lesser of the change in CPI or 1.25% annually beginning in Year 3, continuing through the base term and into six, five-year tenant renewal options. The lease also includes a guaranty from Meritage Hospitality Group.
This offering is being marketed as a conventional, NNN-structured restaurant investment with long-term lease duration and a specified rent-escalation framework.
The lease provides for rental increases that will be the lesser of the change in CPI or 1.25% annually beginning in Year 3, continuing through the base term and into six, five-year tenant renewal options. The lease also includes a guaranty from Meritage Hospitality Group.
This offering is being marketed as a conventional, NNN-structured restaurant investment with long-term lease duration and a specified rent-escalation framework.
Key Highlights
- Wendy’s located at 484 Center Street in Ludlow, MA
- 2,584 SF building on approximately 0.87‑acre parcel
- Brand new 20‑year triple‑net (NNN) lease
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
288
Businesses Nearby
13k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
Burger King
Dining
12,795 visits/mo
0.5 miles
Demographics for 01056, MA
21,002
Population
8,984
Households
2.3
Avg Household Size
46
Median Age
25%
College-Educated
89%
High-School Grad
27.2 sq mi
ZIP Area
772
Density / Sq Mi
$78,981
Median Household Income
$47,449
Median Earnings
$1,250
Median Rent
$303,900
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Brand new 20-year NNN lease with rent bumps tied to CPI or 1.25% annually starting in Year 3.
Where is this nnn property located?
The property is located at 484 Center St Ludlow, MA.
What are key features of this property?
This property features: Wendy’s located at 484 Center Street in Ludlow, MA; 2,584 SF building on approximately 0.87‑acre parcel; Brand new 20‑year triple‑net (NNN) lease
