Triple-Net Wendy’s
For Sale
Contact for pricing
1011 W Main St, Artesia, NM 88210
Wendy’s restaurant property available for sale with a new 20-year triple-net lease structure.
Property Size3,120 SF
Lot Size0.64 Acres
Days on Market131
Property Features for 1011 W Main St
General Information
Standard status
Active
Size
3,120 SF
Lot size
0.64 Acres
Property subtype
Retail
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 23 at 1:23PM
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.
This sale offers a Wendy’s restaurant property with 3,120 square feet of building space on approximately 0.64 acres of land. The property will be leased under a brand new 20-year triple-net (NNN) arrangement with no landlord responsibilities upon the day following close of escrow.
Lease terms include rental increases of eight percent every five years, continuing through the base term and into four, five-year tenant renewal options. The lease also includes a guaranty from Wendgord, LLC.
The asset is presented as a conventional restaurant NNN investment and is being offered at 1011 W Main St in Artesia, New Mexico.
Lease terms include rental increases of eight percent every five years, continuing through the base term and into four, five-year tenant renewal options. The lease also includes a guaranty from Wendgord, LLC.
The asset is presented as a conventional restaurant NNN investment and is being offered at 1011 W Main St in Artesia, New Mexico.
Key Highlights
- Wendy’s restaurant at 1011 W Main St, Artesia, NM, offering 3,120 SF of building space
- Approximately 0.64 acres of land included with the property
- Tenant will sign a brand new 20‑year triple‑net (NNN) lease with no landlord responsibilities upon the day after escrow close
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
730
Businesses Nearby
55k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 55%
Shops & Services 37%
Apparel 5%
Home Improvements & Furnishings 2%
SONIC Drive In
Dining
11,592 visits/mo
0.4 miles
Wendy's
Dining
9,394 visits/mo
0.1 miles
Burger King
Dining
9,039 visits/mo
0.4 miles
Shell
Shops & Services
7,291 visits/mo
0.2 miles
Family Dollar
Shops & Services
4,480 visits/mo
0.5 miles
Demographics for 88210, NM
18,571
Population
7,851
Households
2.4
Avg Household Size
35
Median Age
19%
College-Educated
86%
High-School Grad
1,287.3 sq mi
ZIP Area
14
Density / Sq Mi
$80,423
Median Household Income
$47,725
Median Earnings
$925
Median Rent
$213,900
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Similar Off Market Nearby
- Everspring — 502 W Main St, Artesia, NM 88210
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Wendy’s restaurant property available for sale with a new 20-year triple-net lease structure.
Where is this conventional restaurant located?
The property is located at 1011 W Main St Artesia, NM.
What are key features of this property?
This property features: Wendy’s restaurant at 1011 W Main St, Artesia, NM, offering 3,120 SF of building space; Approximately 0.64 acres of land included with the property; Tenant will sign a brand new 20‑year triple‑net (NNN) lease with no landlord responsibilities upon the day after escrow close
