Net Leased Wendy’s
For Sale
Contact for pricing
Pending
1223 N Missouri Street, West Memphis, AR 72301
Wendy’s is offered in a fee-simple, absolute NNN structure with a 15-year base lease in operation.
Property SizeContact for details
Days on Market42
Property Features for 1223 N Missouri Street
General Information
Standard status
Pending
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
Lee & Associates - Temecula Valley
(951) 445-4503
Listed By:
Mike Hanna · License #CA 01456055
Source:
Crexi
Added: Jul 21
Changed: Aug 26
Last Checked: Aug 29 at 11:32PM
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
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
455
Businesses Nearby
113k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 71%
Shops & Services 19%
Apparel 3%
Hotels & Casinos 3%
McDonald's
Dining
26,224 visits/mo
0.4 miles
Taco Bell
Dining
13,633 visits/mo
0.1 miles
Wendy's
Dining
12,141 visits/mo
0.3 miles
Popeyes Louisiana Kitchen
Dining
12,048 visits/mo
0.1 miles
Krystal
Dining
9,616 visits/mo
0.5 miles
Demographics for 72301, AR
24,479
Population
11,298
Households
2.2
Avg Household Size
37
Median Age
15%
College-Educated
84%
High-School Grad
29.5 sq mi
ZIP Area
830
Density / Sq Mi
$41,932
Median Household Income
$30,410
Median Earnings
$848
Median Rent
$119,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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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
