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Tenant Profiles

Wendy’s

B+E > B+E INSIGHTS > Tenant Profiles > Wendy’s
01/23/2023 By B+E

Wendy's

wendys.com

wendys logo

55
Number on Market

$2.8M
Average Price

16.22
Average Remaining Term (Years)

4.89%
Average Cap Rate

Wendy's Tenant Overview

Wendy’s, founded in 1969, is headquartered in Dublin, Ohio. The company operates over 6,500 stores across the United States, Canada, and more than 30 other countries and is a subsidiary of The Wendy’s Company. Wendy’s has announced plans to expand into the Asia-Pacific region in the future.

Wendy’s has several child companies, such as Tim Hortons and Arby’s, both of which have a strong presence in the quick service restaurant industry. Wendy’s is known for its high-quality food and customer service, which has earned it a loyal customer base.

In the 2021 fiscal year, Wendy’s generated approximately $1.9 billion in revenue. This performance, along with the company’s strong brand loyalty, has earned it a credit rating of BBB from Standard & Poor’s. Wendy’s global presence and focus on providing high-quality food make it a valuable tenant for any retail property.

wendys nnn

Tenant Data:

Company Wendy's
OwnershipPublic
Headquarters Dublin, Ohio
TickerNASDAQ: WEN
Credit RatingS&P: BBB
Annual Revenue+/- $1.9B
Locations (North America)+/- 6,711
Websitewww.wendys.com
Average Wendy's Info
Number on Market55
Average Price$2,819,998
Average Remaining Term16.22 Years
Average Cap Rate4.89%
Average NOI$135,000
Average PPSF$831.12
Average Building SF3,393 SF
Average Lot Size1.39 AC
AS OF 12/08/22

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