1415 Main St, Cushing, OK 74023-3041
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.