25350 Pacific Hwy S Kent, WA 98032
New
Absolute net ground lease Wendy's in Kent, WA for sale.
Type:Restaurant
Property size:
2,811 SF- Added:
- Apr 16, 2026
- Days on Market:
- 7
- Last Refresh:
- Apr 16 at 8:11 pm
Property Features for 25350 Pacific Hwy S
General Information
- Standard status
- Active
- Size
- 2,811 SF
- Property subtype
- Restaurant
Listing agent Dylan Wolf License #WA: 20107350 (206) 826-5728
Listing office Seattle Office (206) 826-5728
Listing date Apr 16, 2026
Source Marcusmillichap
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 Seattle Office
Overview
Kent Wendy's Ground Lease Opportunity
This offering presents the opportunity to acquire a 5-year absolute net ground lease Wendy's located in Kent, WA. The lease, guaranteed by Burger Management Systems Washington, Inc., which operates 61 locations in Washington, and operated by WTC Ventures, a Wendy's franchisee with 100 locations across Washington state and British Columbia, has been extended through September 30, 2031, with two additional 5-year options. The lease features 10% rent increases at each renewal and operates under an absolute net ground lease structure, assigning zero responsibilities to the landlord. Originally built-to-suit in 2011 and fully renovated in 2022 to meet Wendy's current prototype standards, the property has been continuously occupied for 15 years. The property is strategically positioned as a pad site to a Fred Meyer location ranked in the top 2% nationally, with 1.7 million annual visits. It is located at a signalized hard corner on Pacific Hwy S/Hwy 509, which sees over 30,000 vehicles per day, at the Fred Meyer shopping center's main entrance. The surrounding area has over 213,000 residents within a 5-mile radius and average household incomes of nearly $108,000.
Location Intelligence
Current Use by Public Records
Wendy's
Restaurant
Location Insight
- Map
- Local Demand
- City
- Kent
- County
- King
- State
- Washington
- Longitude
- -122.3010479
- Latitude
- 47.3730294
Nearby Similar for Sale
FAQs
What type of property is this?
Drive through restaurant - Absolute net ground lease Wendy's in Kent, WA for sale.
Where is this drive through restaurant located?
The property is located at 25350 Pacific Hwy S Kent, WA.
What are key features of this property?
This property features: Absolute net ground lease with zero landlord responsibilities, providing a passive income stream.; Lease guaranteed by Burger Management Systems Washington, Inc. (61 WA locations) and operated by WTC Ventures, a 45+ year Wendy's franchisee with 100 locations.; Recently exercised 5‑year lease renewal extending through September 30, 2031, with two additional 5‑year options and 10% rent increases at each renewal.
