Property summary
This exceptional investment opportunity features a brand-new, 2,385 square foot Wendy's restaurant located at 1415 E Main St, Cushing, OK 74023. Situated on a 0.73-acre lot, this property boasts a 20-year triple-net (NNN) lease with a highly reputable corporate guarantor, Meritage Hospitality Group, one of the world's largest Wendy's franchisees. The lease includes annual rent increases, the lesser of the change in CPI or 1.50%, providing consistent income growth. Built in 2025, this property offers a strong 5.50% cap rate with a current net operating income (NOI) of $142,500. The landlord is completely free from lease responsibilities, making this a low-maintenance, high-return investment. The property's prime location and the strength of the Wendy's brand ensure long-term stability and value appreciation. This is a rare opportunity to acquire a passive income stream backed by a world-renowned franchise and a financially sound operator. The asking price is $2,590,909. This investment is 100% occupied.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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