Net-Leased Fast-Food
1820 SW Wanamaker Rd Topeka, KS 66604
For Sale
Contact for pricing
Pending
A single-tenant Wendy’s sale-leaseback with an absolute triple-net lease, zero landlord responsibilities, and scheduled rent escalations.
Days on Market108
Property Features for 1820 SW Wanamaker Rd
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
The Boulder Group
(847) 562-0003
Listed By:
Randy Blankstein · License #IL 471005983
Source:
Crexi
Added: Apr 11
Changed: Jul 23
Last Checked: Jul 24 at 12:20PM
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 The Boulder Group
Investment Insights
Based on property information with market context.
A single-tenant net leased Wendy’s property offered for sale with a new twenty-year sale-leaseback at closing. The lease is absolute triple net, featuring zero landlord responsibilities, with 5% rental escalation every five years and four additional five-year renewal options. The lease is guaranteed by Legacy Restaurant Group, LLC, a Wendy’s franchisee that operates 14 locations. Wendy’s has operated at the location since 1995, with a full remodel completed in 2013.
The restaurant is located along Wanamaker Road, a primary east-west thoroughfare, just off Interstate 470 (33,600 VPD). It sits in a dominant retail corridor across from West Ridge Mall, and the nearby retail mix includes Walmart Supercenter, Sam’s Club, Target, Menards, Lowe’s, Hobby Lobby, Regal, Home Depot, Kohl’s, and Best Buy.
The immediate trade area is further supported by proximity to Topeka High School (1,840 students) and Washburn Institute of Technology (965 students), and the corridor includes over 93,000 people within five miles of the property.
The restaurant is located along Wanamaker Road, a primary east-west thoroughfare, just off Interstate 470 (33,600 VPD). It sits in a dominant retail corridor across from West Ridge Mall, and the nearby retail mix includes Walmart Supercenter, Sam’s Club, Target, Menards, Lowe’s, Hobby Lobby, Regal, Home Depot, Kohl’s, and Best Buy.
The immediate trade area is further supported by proximity to Topeka High School (1,840 students) and Washburn Institute of Technology (965 students), and the corridor includes over 93,000 people within five miles of the property.
Key Highlights
- Single‑tenant Wendy’s sale‑leaseback in Topeka, KS with a new 20‑year term at closing
- Absolute triple‑net lease with zero landlord responsibilities
- Lease includes 5% rental escalation every five years plus four 5‑year renewal options
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Conventional restaurant - A single-tenant Wendy’s sale-leaseback with an absolute triple-net lease, zero landlord responsibilities, and scheduled rent escalations.
Where is this conventional restaurant located?
The property is located at 1820 SW Wanamaker Rd Topeka, KS.
What are key features of this property?
This property features: Single‑tenant Wendy’s sale‑leaseback in Topeka, KS with a new 20‑year term at closing; Absolute triple‑net lease with zero landlord responsibilities; Lease includes 5% rental escalation every five years plus four 5‑year renewal options
