Single-Tenant Wendy’s NNN
13524 N Rockwell Ave Oklahoma City, OK 73142
13524 N Rockwell Ave, Oklahoma City, OK, 73142
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For Sale
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Wendy’s is offered with a brand-new 20-year triple-net lease featuring scheduled rental increases starting Year 3.
Property Size2,161 SF
Lot Size0.98 Acres
Days on Market102
Property Features for 13524 N Rockwell Ave
General Information
- Standard status
- Active
- Size
- 2,161 SF
- Lot size
- 0.98 Acres
- Property subtype
- Retail
Listing agency
SURMOUNT
(332) 345-4222
Listed by
Glen Kunofsky · License #NY 49KU1129178
Source
Crexi
Added: Apr 12 Updated: Jul 20 at 11:49PM Checked: Jul 21 at 5:06AM
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Investment Insights
Based on property information with market context.
A Wendy’s single-tenant property is presented for sale at 13524 N Rockwell Ave in Oklahoma City, Oklahoma. The offering includes approximately 2,161 square feet of building space situated on roughly 0.98 acres of land.
The tenant will enter into a brand-new 20-year triple-net (NNN) lease, with absolutely no landlord responsibilities upon the day following the close of escrow. Rental increases are structured as the lesser of the change in CPI or 1.25% annually, beginning in Year 3, and continuing through the base term and into six, five-year tenant renewal options.
The lease will include a guaranty from Meritage Hospitality Group, described in the offering materials as an experienced 337-unit operator and the second-largest franchisee in the Wendy’s system.
The tenant will enter into a brand-new 20-year triple-net (NNN) lease, with absolutely no landlord responsibilities upon the day following the close of escrow. Rental increases are structured as the lesser of the change in CPI or 1.25% annually, beginning in Year 3, and continuing through the base term and into six, five-year tenant renewal options.
The lease will include a guaranty from Meritage Hospitality Group, described in the offering materials as an experienced 337-unit operator and the second-largest franchisee in the Wendy’s system.
Key Highlights
- Wendy’s at 13524 N Rockwell Ave in Oklahoma City, OK
- 2,161 SF building on approximately 0.98 acres of land
- Brand‑new 20‑year triple‑net (NNN) lease with no landlord responsibilities starting the day after escrow close
Property Analytics
Location Intelligence
Current Use by Public Records
Wendy's
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
NNN property - Wendy’s is offered with a brand-new 20-year triple-net lease featuring scheduled rental increases starting Year 3.
Where is this nnn property located?
The property is located at 13524 N Rockwell Ave Oklahoma City, OK.
What are key features of this property?
This property features: Wendy’s at 13524 N Rockwell Ave in Oklahoma City, OK; 2,161 SF building on approximately 0.98 acres of land; Brand‑new 20‑year triple‑net (NNN) lease with no landlord responsibilities starting the day after escrow close