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Virtual Drive-By

Wendy's NNN

2289 Superior · Silver City, NM 88061 · QSR / Restaurant

Asking price
$2,318,000
Cap rate
5.50%
NOI
$127,500

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Lease

Lease typeNNN
Term remaining20.0 yrs
Expiration05/2046
Rent bumps7.5% Every 5 Years (Primary) / 10% Every 5 Years (Options)
Options4, 5-Year Options
Ground leaseNo
Credit profileFranchisee
TenancySingle

Planning a 1031 Exchange

Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.

Property

Building SF3,729
Price / SF$622
Year built2001
Lot size0.94 ac
TypeQSR/Fast Food
Days on market66

Need year-one bonus depreciation

Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.

Investment highlights

  • ​Long-Term Triple Net (NNN) Lease | Brand new 20-year Triple Net (NNN) lease commenced in May 2026 with no landlord responsibilities.
  • ​Built-In Rent Growth | Lease features 7.5% rent increases every 5 years during the primary term, and 10% every 5 years during the options.
  • ​National QSR Tenant | Wendy’s is one of the nation’s leading quick-service restaurant brands with strong national recognition.
  • ​Modern 3.729 SF Drive-thru Prototype | Proven Wendy’s location featuring a modern 3,729 SF drive-thru prototype with an established operating history and strong long-term performance fundamentals.

Property overview

Surmount is pleased to present the exclusive listing for a Wendy's located at 2289 Superior, Silver City, NM 88061.​ The site consists of roughly 3,729 rentable square feet of building space on an estimated .94-acre parcel of land.​ Wendy's is subject to a 20-year Triple Net (NNN) lease, which commenced 5/1/2026.​ The current annual rent is $127,500 and has scheduled increases of 7.5% Every 5 Years (Primary) / 10% Every 5 Years (Options).​

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Asking-market observation aggregated from public listing sources, last observed Sep 18, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.