484 Center St Ludlow, MA 01056

Listing agency SURMOUNT g***@nnnpro.com Show Phone

Listed by Glen Kunofsky · License #NY 49KU1129178

Source Crexi

Added: Apr 12 Updated: Jul 22 at 6:12PM Checked: Jul 22 at 6:12PM

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Investment Insights

Based on property information with market context.

Marcus & Millichap presents the opportunity to acquire a Wendy’s triple-net restaurant property. The building includes 2,584 square feet and sits on approximately 0.87 acres of land. Upon the day following close of escrow, the tenant will enter into a brand new 20-year triple-net (NNN) lease with absolutely no landlord responsibilities.

The lease provides for rental increases that will be the lesser of the change in CPI or 1.25% annually beginning in Year 3, continuing through the base term and into six, five-year tenant renewal options. The lease also includes a guaranty from Meritage Hospitality Group.

This offering is being marketed as a conventional, NNN-structured restaurant investment with long-term lease duration and a specified rent-escalation framework.

Key Highlights

• Wendy’s located at 484 Center Street in Ludlow, MA
• 2,584 SF building on approximately 0.87‑acre parcel
• Brand new 20‑year triple‑net (NNN) lease

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FAQs

What type of property is this?

NNN property - Brand new 20-year NNN lease with rent bumps tied to CPI or 1.25% annually starting in Year 3.

Where is this nnn property located?

The property is located at 484 Center St Ludlow, MA.

What are key features of this property?

This property features: Wendy’s located at 484 Center Street in Ludlow, MA; 2,584 SF building on approximately 0.87‑acre parcel; Brand new 20‑year triple‑net (NNN) lease