Invest in a proven income-producing asset with this absolute NNN ground lease in the heart of Pearland, Texas. The property consists of approximately 42,480 square feet of land (±0.975 acres) and is occupied by Wendy’s, a nationally recognized tenant that has been operating at this location since 2006.
This ground lease offers a fully passive income stream with zero landlord responsibilities. Wendy’s is responsible for all taxes, insurance, and maintenance, making this an ideal opportunity for investors seeking long-term, stable cash flow with minimal management.
Investment Highlights:
- Tenant: Wendy’s – in place since 2006
- Lease Type: Absolute NNN – landlord has no maintenance, tax, or insurance obligations
- Remaining Term: Lease runs through February 28, 2026, providing a stable, predictable return over the next 10+ months
- Land Size: 42,480 SF (±0.975 acres)
Location: Prime frontage on N Main St (TX-35) in the high-growth Pearland market
Income: Reliable and consistent lease payments from a nationally branded QSR tenant
Exit Strategy: Potential for lease renewal or future redevelopment upside on a valuable retail corridor
Wendy’s long-term presence on the site and their continued operations underscore the viability and profitability of this location. With nearly two decades of uninterrupted tenancy, this property offers investors confidence in ongoing performance and the potential to capture upside at the end of the current term.
Why This Deal Makes Sense:
- Fully Passive: No capital expenses, no maintenance obligations
- Income Security: Creditworthy, established tenant with strong brand recognition
- 1031 Exchange Ready: Ideal for investors seeking to defer capital gains with a hassle-free asset
Growth Market: Pearland is one of the fastest-growing suburbs in the Houston MSA, with expanding retail and residential development
Contact Broker for more information.
Quenton Rockwell
Coldwell Banker Commerical
