Purchase Price | $1,775,000 |
---|---|
Annual Rental Income | $137,563 |
Cap Rate | 7.75% |
Lease Term | 17 Years |
City | Alexandria MSA |
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Wendy’s – Absolute NNN Investment
Alexandria MSA | Capital-Region Growth Market | Passive Income | Drive‑Thru QSR Asset
This offering presents a premium opportunity to acquire a single-tenant Wendy’s property in the Alexandria Metropolitan Statistical Area (MSA), operating under a long-term absolute triple net (NNN) lease. Situated on a high-traffic arterial corridor within one of Louisiana’s most desirable regional centers, this drive-thru site delivers zero landlord responsibilities, scheduled rent escalations, and truly passive, dependable income—backed by a nationally established quick-service restaurant (QSR) brand. With Alexandria’s stable economy, population resilience, and evolving commercial footprint, this Wendy’s asset offers strong fundamentals and investor appeal for income-focused buyers, including 1031 exchange participants and institutional capital.
Tenant Overview – Wendy’s | National QSR Brand
Wendy’s ranks as the third-largest burger chain in the U.S., with more than 6,800 locations globally. The brand is valued for its signature square patties, fresh-cut fries, and wide-ranging menu that pairs affordability with quality. Wendy’s has also embraced digital innovation, drive-thru efficiency, and third-party delivery. This franchised location is secured under an absolute NNN lease, which places all property expenses—including taxes, insurance, roof and structural maintenance, landscaping, and parking—on the tenant. Scheduled rent escalations—frequently based on fixed 5%–7% increases—or indexed increases every five years—provide inflation protection and upward momentum in net operating income.
Lease Structure & Income Profile
This structure ensures a reliable revenue stream with zero unpredictability. For investors looking for core, low-risk income assets, this Wendy’s property offers clarity, longevity, and operational simplicity.
Market Overview – Alexandria MSA | Regional Economic Hub
The Alexandria MSA, encompassing Rapides and Grant Parishes, is a stable market with approximately 150,000 residents and a broader daytime trade area exceeding 250,000. The metro serves as a commercial, healthcare, education, and military services hub for central Louisiana—anchored by institutions like Rapides Regional Medical Center, LSU-Alexandria, and Camp Beauregard, a major National Guard training base.
Alexandria’s economy is diversified across healthcare, education, manufacturing, military and government services, and retail trade. Recent infrastructure investments—including highway upgrades, industrial park expansion, and redevelopment of downtown corridors—support traffic patterns along key retail arteries, driving long-term demand for consumer-facing real estate uses such as drive-thru QSR locations.
Site Analysis – Prime Drive-Thru Location
This Wendy’s is located on one of Alexandria’s busiest commercial corridors, with daily traffic counts of 20,000–30,000 vehicles per day, ensuring high visibility and consistent drive-thru performance. The building features dual-lane order points and ample stacking capacity, facilitating fast customer throughput.
The site benefits from front-door visibility, a freestanding building, and modern signage that enhances brand presence. Surrounding co-tenants include national grocery stores, big-box retailers, banking institutions, automotive service providers, convenience stores, and other fast-food operators. Steady traffic from these anchors—and from nearby residential neighborhoods, schools, hospital facilities, and government offices—supports sustainable daypart visitation and diversified demand.
Trade-Area Demographics & Growth Fundamentals
Within a 3–5-mile radius, the trade area features:
Alexandria’s central location supports regional trade from surrounding parishes, generating extended reach into smaller towns and rural areas. New residential developments and commercial expansions in the east and southwest corridors have brought fresh rooftops, increasing demand for QSR and convenience retail uses.
Income Growth & Inflation Protection
This Wendy’s lease assures contractual rent escalations every five years, typically within the 5%–7% range, offering predictable NOI growth and inflation resilience. As an absolute NNN asset, the owner has no maintenance or repair liabilities—enhancing net yield stability and simplifying asset management.
Why Wendy’s in the Alexandria MSA?
Key Investment Highlights
Conclusion
This Wendy’s net lease opportunity in the Alexandria MSA provides a rare combination of strong tenant credit, passive income, lease longevity, and suburban visibility. Its drive-thru format in a strategic trade area, set within a resilient regional market, creates an asset that meets the key criteria for today’s income-driven investor.
Whether you’re executing a 1031 exchange, assembling a passive-income property portfolio, or prioritizing no-touch assets with stable, growing cash flow, this Wendy’s in Alexandria delivers clarity, dependability, and durable performance in a secondary metropolitan market.
For complete offering materials—including lease abstract, demographic maps, income model, and tour coordination—please contact us directly. Freestanding, drive-thru QSR net-lease assets in Alexandria are limited in supply and tend to be absorbed quickly.