2 Pratt Rd, Plainfield, CT 06374-2043

This exceptional investment opportunity presents a fee-simple Wendy's restaurant located at 2 Pratt Rd, Plainfield, CT 06374. The property boasts a 3,000 square foot building situated on a 1.64-acre lot. A 20-year triple-net (NNN) lease is in place, ensuring minimal landlord responsibilities. The annual net operating income (NOI) is $150,000, yielding a 5.50% cap rate. The lease features annual rent increases, the lesser of the change in the Consumer Price Index (CPI) or 1.50%. Built in 2001, this Wendy's benefits from a corporate guarantee provided by Meritage Hospitality Group, a significant and experienced Wendy's franchisee operating over 388 units. The property's strong tenant, favorable lease terms, and attractive cap rate make it an ideal addition to any investment portfolio. This is a fee simple ownership opportunity with a long-term, secure lease, offering predictable cash flow and significant appreciation potential. The property's location in Plainfield, Connecticut, provides convenient access to a substantial customer base. The asking price for this exceptional investment is $2,727,273. This Wendy's represents a compelling opportunity for investors seeking a stable, high-yield, and low-maintenance investment in the quick-service restaurant sector.