290 I-20, Terrell, TX 75160

This exceptional investment opportunity presents a 3,444 square foot Wendy's restaurant located at 290 I-20 in Terrell, Texas, 75160. The property sits on a 57,122 square foot lot and boasts a prime location on the westbound frontage of I-20 and Highway 34, benefiting from high visibility and significant traffic volume (75,000 vehicles per day westbound and 10,000 using the off-ramp). The property is part of a thriving retail corridor including Home Depot and Tanger Outlets. Nearby QSR establishments include McDonald's, IHOP, Sonic, Starbucks, and other popular brands. Four extended-stay hotels are also in close proximity, including a Holiday Inn directly behind the property. The building, constructed in 2015, is a modern, larger structure offering excellent visibility and access from I-20, enhanced by a large sign visible from both eastbound and westbound traffic. The current tenant, an experienced Wendy's franchisee operating since 2019, is under a 16.1-year Absolute NNN lease (12 years remaining) with a base rent of $144,000 annually, plus percentage rent. The lease includes 10% rent bumps every five years and 2-5 year options with similar rent increases. The franchisee has consistently paid percentage rent exceeding the base rent, demonstrating strong sales performance exceeding $2,000,000 annually. The property offers a current NOI of $158,400 and a pro-forma NOI of $204,000, resulting in a current cap rate of 5.28% and a pro-forma cap rate of 6.80%. This is a Class A property with 100% occupancy, offering a secure and profitable investment opportunity. The asking price is $3,000,000. The sale includes both land and building and is suitable for a 1031 exchange.