Drive-Through Restaurant Absolute
166 Mansfield Ave Shelby, OH 44875
166 Mansfield Ave, Shelby, OH, 44875
Contact for pricing
For Sale
Contact for pricing
Pending
Absolute NNN Wendy’s with zero landlord responsibilities and Wenco Group guarantee on a non-signalized Mansfield Avenue corner.
Property Size3,442 SF
Lot Size0.93 Acres
Days on Market103
Property Features for 166 Mansfield Ave
General Information
- Standard status
- Pending
- Size
- 3,442 SF
- Lot size
- 0.93 Acres
- Property subtype
- Retail
Listing agency
National Retail Properties
Listed by
Justin Leith · License #SL3295585
Source
Crexi
Added: Apr 11 Updated: Jul 21 at 10:21PM Checked: Jul 21 at 10:21PM
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Investment Insights
Based on property information with market context.
A Wendy’s quick-serve drive-through restaurant offered on an absolute NNN basis with zero landlord responsibilities. The lease is guaranteed by the Wenco Group and has more than 14 years remaining on the original 20-year term that commenced in 2018. Rent increases are scheduled every five years, equal to the lesser of 2.0x CPI or 10%, including options. The property includes a 3,442-square-foot building on a 0.93-acre parcel.
The site is located along the west side of Mansfield Avenue in Shelby, Ohio, one of the main commercial roads serving the area. The property has frontage along Mansfield Avenue with easy access and visibility, and it is positioned at a non-signalized corner. The remarks also report traffic counts of 13,600 vehicles per day.
This offering is structured for a tenant with a long remaining lease term and periodic rent growth tied to CPI, positioned on a highly visible retail corridor parcel with drive-through restaurant utility.
The site is located along the west side of Mansfield Avenue in Shelby, Ohio, one of the main commercial roads serving the area. The property has frontage along Mansfield Avenue with easy access and visibility, and it is positioned at a non-signalized corner. The remarks also report traffic counts of 13,600 vehicles per day.
This offering is structured for a tenant with a long remaining lease term and periodic rent growth tied to CPI, positioned on a highly visible retail corridor parcel with drive-through restaurant utility.
Key Highlights
- Absolute NNN Wendy’s quick‑serve restaurant with zero landlord responsibilities
- Wenco Group guarantee and a lease with more than 14 years remaining on the original 20‑year term (commenced 2018)
- Lease provides rental growth every 5 years, equal to the lesser of 2.0x CPI or 10%, including options
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Absolute NNN Wendy’s with zero landlord responsibilities and Wenco Group guarantee on a non-signalized Mansfield Avenue corner.
Where is this conventional restaurant located?
The property is located at 166 Mansfield Ave Shelby, OH.
What are key features of this property?
This property features: Absolute NNN Wendy’s quick‑serve restaurant with zero landlord responsibilities; Wenco Group guarantee and a lease with more than 14 years remaining on the original 20‑year term (commenced 2018); Lease provides rental growth every 5 years, equal to the lesser of 2.0x CPI or 10%, including options
