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Freestanding Wendy's in Washington, MO
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3161 Phoenix Center Dr, Washington, MO 63090

New 10-year Wendy’s in Phoenix Center II retail development.

Property Size3,038 SF
Price / SF$646.15
Days on Market180

Property Features for 3161 Phoenix Center Dr

General Information

Standard status Active
Size 3,038 SF
Total Parking Spaces 33
Property subtype Retail
Zoning C-2
Occupancy 100%
Lease Type NNN
Investment Type Net Lease
Net Operating Income $105,000

Building Details

Year Built 2016
Buildings 1
Stories 1
Units 1
Tenancy Single
Listing Agency: CBRE - Oak Brook
Listed By: Michael Kaider · License #IL 475154630
Source: Crexi
Added: Feb 11 Changed: Aug 8 Last Checked: Aug 10 at 7:50AM

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 CBRE - Oak Brook

Investment Insights

Based on property information with market context.

This property features a freestanding Wendy’s located in Washington, Missouri, within the Phoenix Center II retail development. The lease is signed by Wendy’s Properties LLC, a wholly owned subsidiary of The Wendy’s Company. Wendy’s benefits from visibility and access within Phoenix Center II, a retail hub in Washington, MO. Positioned near major retailers and along high-traffic corridors, the property captures daily traffic and serves a growing regional trade area. Washington is a community in Franklin County, supported by residential growth and a diverse employment base. Its proximity to St. Louis enhances economic activity and consumer demand. The property size is 3,038 square feet. The lease has approximately 9.75 years remaining. The Net Operating Income (NOI) is $105,000. Wendy’s is a quick-service restaurant operator with over 7,000 locations globally, including approximately 6,000 in the United States. For fiscal year 2024, the company reported total revenue of approximately $2.25 billion and systemwide sales of roughly $14.5 billion. This property can be sold separately or as part of a portfolio.

Key Highlights

  • New 10‑year lease with approximately 9.75 years remaining.
  • Lease is signed by Wendy’s Properties LLC, a wholly owned subsidiary of The Wendy’s Company.
  • Located in Phoenix Center II, a dominant retail hub with excellent visibility and access.

Property Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick HVAC Service Dental Office Electrical Service (Bike/Boat/Book/etc) Store Bakery Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

171
Businesses Nearby
354k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 33% Shops & Services 24% Superstores 19% Dining 13%
Target Superstores
67,370 visits/mo 0.2 miles
Marshalls Apparel
36,070 visits/mo 0.3 miles
Kohl's Apparel
29,361 visits/mo 0.2 miles
Aldi Groceries
24,137 visits/mo 0.1 miles
DICK'S Sporting Goods Apparel
21,447 visits/mo 0.1 miles

Demographics for 63090, MO

22,843
Population
9,745
Households
2.3
Avg Household Size
43
Median Age
33%
College-Educated
94%
High-School Grad
81.5 sq mi
ZIP Area
280
Density / Sq Mi
$83,966
Median Household Income
$46,556
Median Earnings
$873
Median Rent
$260,700
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - New 10-year Wendy’s in Phoenix Center II retail development.
Where is this drive through restaurant located?
The property is located at 3161 Phoenix Center Dr Washington, MO.
What is the asking price?
The asking price for this property is $1,963,000.
What are key features of this property?
This property features: New 10‑year lease with approximately 9.75 years remaining.; Lease is signed by Wendy’s Properties LLC, a wholly owned subsidiary of The Wendy’s Company.; Located in Phoenix Center II, a dominant retail hub with excellent visibility and access.
More about this property
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