1865 East Sherman Boulevard Muskegon, MI 49444

This property presents an opportunity to acquire a Wendy's restaurant in Muskegon, Michigan. The 3,193 square foot single-tenant building is situated on a 1.13 acre lot. The property is supported by a recently extended 15-year lease, designed to provide a stable, long-term income stream. The lease includes four, 5-year options to renew, with rent increases scheduled every 5 years. The tenant is backed by Meritage Hospitality Group, Inc., a large Wendy's franchisee with over 375 locations across 16 states. The location benefits from its position one block from the US-31 off-ramp along a main east-west commercial corridor, offering excellent visibility and accessibility. Traffic counts are substantial, with over 64,000 vehicles per day on US-31 and nearly 24,000 on Sherman Boulevard. The property is located in a well-established retail area that links surrounding neighborhoods to major shopping destinations, contributing to consistent daily traffic. Nearby retailers include Walmart, Sam's Club, Lowe's, Taco Bell, McDonald's, and Arby's. Muskegon is experiencing economic growth, with over $800 million in development projects, including expansions from companies such as Chobani and GE Aerospace. The current net operating income (NOI) is $100,000.