| Corporate-backed Wendy’s ground lease with 23 years remaining on the initial 25-year term, demonstrating long-term tenant commitment. |
| Absolute NNN lease structure eliminates all landlord responsibilities for operating and capital expenses. |
| Scheduled 10% rent increases every five years during the primary term and option periods provide built-in income growth. |
| High-visibility location at a signalized intersection of 40th Avenue and Central Park Boulevard with over 20,000 combined daily vehicles. |
| Adjacent to The Shops at Northfield, a 1.2 million SF open-air retail center anchored by Target, Macy’s, Harkins Theatres, and Bass Pro Shops. |
| Dense and affluent trade area with more than 119,000 residents within three miles and average household incomes exceeding $244,000 within one mile. |
Blake Tagmyer
Cushman & Wakefield
