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WENDY’S | RARE CORPORATE GROUND LEASE | RECENT 15-YEAR EXTENSION

$1,603,960 | 5.05%

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801 North Lake Street
Aurora, Illinois 60506

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Features

  • Global Tenant | Wendy’s | NASDAQ: WEN
    • Second Largest Hamburger Chain in the United States | Third Largest Globally
    • B2 Stable Moody’s Credit Rating | B- Standard & Poor’s Credit Rating
    • Expecting to Grow to 8,000 Restaurants by 2025
  • Rare, Corporately Guaranteed Ground Lease
    • Over 12 Years Remaining
    • No Landlord Responsibilities
  • Long Operating History | Wendy’s has been Operating at this Location Since 1979
  • Property was Recently Renovated to Wendy’s New Modern Prototype Exterior and Interior Showing Commitment to Location
  • Attractive Real Estate Fundamentals
    • Property Features a Drive Thru, Adding Value and Flexibility to Future Tenancy
    • Near Schools, a Hospital, Shopping, Restaurants and Various Government Buildings
  • Located on Heavily Traveled Thoroughfare | North Lake Street | 23,775 Vehicles Passing per Day | 1.5 Miles to Interstate 88
    • Less Than One Mile to Hollywood Casino Aurora | 1,000 Slots and Gambling Tables
    • Less Than One Mile to Waubonsee Community College | 132,000-Square Foot Campus | Over 19,000 Students
    • One Mile to Paramount Theater | 1,885-Seat Capacity
    • One Mile to AMITA Health Mercy Medical Center Aurora | AMITA Health has 370 Hospital Beds, Plus an Outpatient Facility
    • Less Than One Mile to the Metra BNSF Aurora Station | Over 15 Million Annual Ridership
    • Strong Demographics
    • Densely Populated with 138,345 People Living Within a Three-Mile Radius
    • Average Household Income Within Five Miles is $99,433

 

Contact

MATT EMERICK
Associate
Tel: (630) 570-2173
Matt.Emerick@marcusmillichap.com
* Broker of Record: Steven Weinstock

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