DAVE DELATORRE T 619 247 8585 [email protected] 7486 La Jolla Boulevard, Suite 173 La Jolla, California 92037 WENDY’S RESTAURANT NNN Investment 1604 West Henderson Street Cleburne, Texas 76003
Jul 31, 2020
DAVE DELATORRET 619 247 8585
7486 La Jolla Boulevard, Suite 173La Jolla, California 92037
WENDY’S RESTAURANT
NNN Investment1604 West Henderson Street
Cleburne, Texas 76003
Wendy’s NNN Investment
PROPERTYWendy’s Restaurant
LOCATION1604 West Henderson Street, Cleburne, TX 76003
SALES PRICE$1,700,000
CAPITALIZATION RATE5.0%
RENT
BUILDING SIZE3,084 square feet
LAND PARCEL SIZE39,867 square feet
PRIMARY LEASE TERM & OPTION PERIODSNew 20 year lease term commencing August 1, 2018 with four additional 5 year options to extend at the same terms and conditions.
RENTAL INCREASES10% rent increases every 5 years including options.
EXECUTIVE SUMMARY
Years 1-5 Years 6-10 Year 11-15 Years 16-20
Monthly $7,083 $7,792 $8,571 $9,428
Annual $85,000 $93,500 $102,850 $113,135
DAVE DELATORRET 619 247 8585 [email protected]
7486 La Jolla Boulevard, Suite 173, La Jolla, California 92037
TENANT INFORMATIONMUY Hamburger Partners LLC was established in 2012 and
is currently the second largest Wendy’s franchisee who
operates 312 Wendy’s restaurants in the Texas, Ohio, and
New York markets.
MUY Hamburger Partners operates a total of 157 restaurants
in and around the Dallas/ Ft. Worth, San Antonio, and the
Temple/Waco/Killen MSA which Copperas Cove is located in.
MUY Hamburger Partners is also part of the MUY
Companies which operate another 364 Pizza Hut
restaurants in Texas, 6 southeast states, and Minnesota and
who is the second largest Pizza Hut franchisees in America.
The MUY companies also own & operate 79 Taco Bell
restaurants in 6 northeast states.
The collective MUY Companies own & operate 754
restaurants and were recently recognized by Nation’s
Restaurant News 2017 industry survey as the 5th largest
franchisee in America with revenues approaching $1 billion.
Please visit the company website at www.muycompanies.
com for additional information on the company.
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Wendy’s NNN InvestmentEXECUTIVE SUMMARY
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COMMENTSThe Wendy’s restaurant is located on West Henderson
Avenue which is the main entrance to downtown Cleburne
from Highway 67. The location is adjacent to a Wal-Mart
super center along with the City of Cleburne & Johnson
County municipal facilities and offices which are mainly
located in downtown Cleburne. There are also numerous fast
food restaurants including McDonald’s, Taco Bell, Pizza Hut,
KFC, Starbuck’s, Jack in the Box, What-a-burger, Burger
King, Sonic, and Dairy Queen which are located along West
Henderson Avenue.
Cleburne has approximately 25,000 residents and is
considered a suburb of Ft. Worth. Cleburne is approximately
30 miles south of the ft. Worth Metro plex area. It is also
the county seat for Johnson County and has all of the
county municipal facilities in downtown Cleburne. Lake Pat
Cleburne offers numerous recreational amenities and draws
visitors from a wide area.
DAVE DELATORRET 619 247 8585 [email protected]
7486 La Jolla Boulevard, Suite 173, La Jolla, California 92037
Wendy’s NNN InvestmentEXECUTIVE SUMMARY
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DAVE DELATORRET 619 247 8585 [email protected]
7486 La Jolla Boulevard, Suite 173, La Jolla, California 92037
Wendy’s NNN InvestmentPHOTOS
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DAVE DELATORRET 619 247 8585 [email protected]
7486 La Jolla Boulevard, Suite 173, La Jolla, California 92037
Wendy’s NNN InvestmentAERIAL VIEWS
SUBJECT PROPERTY
23,500 CPD
7DAVE DELATORRET 619 247 8585 [email protected]
Wendy’s NNN InvestmentAERIAL VIEWS
SUBJECT PROPERTY
Cleburne Highschool & Middle SchoolNolan River MallSuper Walmart Shopping CenterKroger & Big Lots Shopping CenterYellow Jacket StadiumHEB+ Shopping Center, HEB Gas & CVS
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WalgreensMcDonald’sStarbucksBraum’s
Panda ExpressChili’sWhat-A-BurgerPizza Hut
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Wendy’s NNN InvestmentMAPS
SUBJECT PROPERTY
SUBJECT PROPERTY
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Super Walmart Murphy Oil Walmart Retail Center Behind Wendy’s
Walmart Retail Center Behind Wendy’s
Kroger Grocery Store
Wendy’s NNN InvestmentTRADE AREA
Big Lots, FFO Home, 7 Tractor Supply
10DAVE DELATORRET 619 247 8585 [email protected]
HEB+ Grocery Store CVS Pharmacy Walgreen’s Pharmacy
Nolan River Mall – Beall’s and Burke’s Anchored Center
Cinemax Six Plex Theatre
Wendy’s NNN InvestmentTRADE AREA
Hibbit Sports
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McDonald’s Restaurant Taco Bell Starbucks
Panda Express What-A-Burger
Wendy’s NNN InvestmentTRADE AREA
Chili’s Restaurant
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Jack in the Box Braum’s Restaurant Cotton Patch Restaurant
Pizza Hut Restaurant Schlotzky’s Deli
Wendy’s NNN InvestmentTRADE AREA
Dairy Queen
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Burger King Sonic Hamburgers Chicken Express
Long John Silvers Restaurant Taco Casa Restaurant
Wendy’s NNN InvestmentTRADE AREA
Fast Taco Restaurant
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Texas Health Harris Methodist Regional Hospital
Hampton Inn Hotel Holiday Inn Hotel
Cleburne Conference Center Johnson County Courthouse
Wendy’s NNN InvestmentTRADE AREA
Cleburne High School Yellow Jacket Stadium
Cleburne, TexasOnce a stop along the historic Chisholm
Trail, Cleburne was home to one of the
lragest railroad shops in the world. Today,
you can visit our history in one of our
many museums, but Cleburne is more
than just a historic stop. Today, Cleburne
boasts a wide array of culture. You can
take in a play through the Plaza Theater
or witness a production through the local
Carnegie Players, hear a variety of jass at
Songbird Live, enjoy outdoor ocncerts at
Market Square, take in the vistas along
on of North Texas’ best municipal golf
courses (don’t forget to try North Texas’
best golf course burger), or just relax in
one of our many parks and there is more
to come.
The past two years, the acedemic
advanced palcement progran at CISD was
rated in the top 3% of all Texas schools
and is nationally recognized as one of the
very best. Our neighborhoods are quiet and
friendly. A simple tirp to the grocery store
requires additional time to catch up with
neighbors and friends. Some say American
cities aren’t what they used to be. They
haven’t been to Cleburne.
New retail, dining and entertainment will
soon arrive at Cleburne Station. And you can
catch a professional baseball game at the
Depot at Cleburne Station. 2017 marks the
rreturn of professional baseball and defence
of the 1906 Texas League championship
won by the legendary Tris Speaker and his
Cleburne Railroaders. The Depot is one the
most unique professional baseball stadiums
in America with it’s railroad theme and
intimate setting. The depot is also home to
minor league soccer and hosts concerts and
events all year.
Wendy’s NNN InvestmentAREA INFORMATION
15DAVE DELATORRET 619 247 8585 [email protected]
DAVE DELATORRET 619 247 8585 F 828 459 3066
7486 La Jolla Boulevard, Suite 173La Jolla, California 92037