Property summary
The property is a Wendy’s quick-service restaurant located at 436 South Main Street in Lapeer, Michigan. It includes approximately 2,273 rentable square feet of building space situated on an estimated 0.95-acre parcel. The restaurant is operated under a corporate lease structure with an absolute triple-net (NNN) arrangement and includes a corporate guarantee from Wendy’s Properties, LLC, with operational use historically provided by WEN NATIONAL, LLC. The facility has been in continuous Wendy’s use for over 45 years and is a single-tenant restaurant configuration; a remodel was anticipated for completion prior to the end of 2024.
Property profile
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Location
Value estimations
Owner & transaction history
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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