3779 E Main St, Blytheville, AR 72315
The property is supported by a new NNN lease with extended renewal rights and no landlord responsibilities.
Property Features for 3779 E Main St
General Information
Building Details
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The lease provides a 20-year base term under an absolute NNN structure, with no landlord responsibilities. Beginning in Year 3, annual rent adjustments will equal the lesser of CPI growth or 1.25%. Six additional five-year renewal options extend beyond the initial term, with the same escalation provision continuing through those options.
Meritage Hospitality Group will guarantee the lease. The guarantor is identified as an operator of more than 345 units and as the largest Wendy’s franchisee in the system.
Key Highlights
- 2,841‑square‑foot Wendy’s restaurant on approximately 0.79 acres
- New 20‑year triple‑net lease beginning the day after closing
- Six five‑year tenant renewal options
Property Analytics
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Trade Area within ½ mile
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Demographics for 72315, AR
Market
Vacancy Rate% for Retail in South region