Absolute NNN Ground Lease Wendy's in Chicago, IL — Sale in Chicago, IL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Chicago, IL 60636

Photos

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Absolute NNN Ground Lease Wendy's in Chicago, IL — Sale in Chicago, IL, photo 2 of 2

Investment Figures

Cap rate
7.70%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

This offering presents a rare opportunity to acquire a low price point absolute NNN ground lease providing truly passive, management-free ownership with secure in-place cash flow. The asset is leased to Wendy’s, a globally recognized quick-service restaurant brand operating more than 7,000 locations worldwide, offering a strong tenant profile and long-term stability. As a drive-thru QSR, the property benefits from one of the most sought-after sectors in the net lease market, driven by consistent consumer demand, resilient performance, and strong investor appetite. Strategically located along the heavily trafficked Western Avenue corridor in Chicago, the site offers excellent visibility and access to dense surrounding neighborhoods. The property is further supported by a highly populated trade area, with approximately 700,000 residents within a five-mile radius, providing a deep and diverse customer base that drives consistent foot traffic and long-term performance. Investment Highlights: • ABSOLUTE NNN GROUND LEASE: Provides investors with passive, management-free ownership and secure in-place cash flow through the remaining lease term • STRONG CORPORATE TENANT: Wendy's is a globally recognized quick-service restaurant brand operating over 7,000 worldwide locations • DRIVE-THRU QSR - TOP-PERFORMING NET LEASE ASSET: Drive-thru quick-service restaurants remain one of the most sought-after sectors within the net lease market • STRATEGIC INFILL CHICAGO LOCATION: Situated along the heavily traveled Western Avenue corridor, the property benefits from exceptional visibility, strong commuter traffic, and access to established residential neighborhoods • DENSELY POPULATED TRADE AREA : The property is positioned within a highly populated urban market, with roughly 700,000 residents within a 5-mile radius, providing a deep and diverse customer base

Market Context

This food service in Chicago, IL is listed for sale. It is offered at an approximate 7.7% capitalization rate, a key benchmark for income-producing food service assets. Compare it against other food service listings for sale in Chicago, IL — view the full market.

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