Wendy’s (38,468 VPD)

Wendy’s (38,468 VPD)

Louisville, KY

Louisville, KY

Wendy’s (38,468 VPD)

Offered for sale is an absolute net lease Wendy’s located along a high-traffic commercial corridor in Louisville, Kentucky. The property consists of a freestanding, drive-thru restaurant situated along Dixie Highway, which experiences approximately 38,468 vehicles per day, providing strong visibility and consistent commuter traffic. The tenant operates under Divine Bliss Management LLC, an experienced multi-brand quick-service restaurant operator that owns and operates 45 Dunkin’ locations and recently expanded its platform through the acquisition of 22 Wendy’s restaurants.

Price $3,226,000
Cap Rate 5.75%
Building Size 2,803 sqft
Lot Size 0.56 acres
Year Built 1977/2013
Offering Memorandum

Vincent Knipp

Senior Managing Director Investments
(972) 755-5205
vincent.knipp@marcusmillichap.com
License: TX 0579633

Jake Stammen

Associate Director
(972) 755-5209
jake.stammen@marcusmillichap.com
License: TX 767420
FINANCING TEAM

Duke Dennis

Director
(817) 932-6172

 

  • Absolute Net Lease with 13.1 Years Remaining | 10 Percent Rental Increases Every Five Years
  • Store Sales Exceeding $2 Million in 2025
  • Excellent Access and Visibility on Dixie Highway | 38,468 VPD | Major Commercial and Commuter Corridor
  • Dense 5-Mile Trade Area | 129,806 Residents | 99,815 Daytime Population | Proximity to Healthcare and Industrial Employment
  • Multi-Brand QSR Franchise Operator | 45 Dunkin’ Locations and 22 Wendy’s Restaurants
  • Wendy’s (NASDAQ: WEN) | 7,000+ Locations Worldwide
  • Louisville MSA | 1.3 Million Residents | Regional Logistics and Healthcare Hub

Vincent Knipp

Senior Managing Director Investments
(972) 755-5205
vincent.knipp@marcusmillichap.com
License: TX 0579633

Jake Stammen

Associate Director
(972) 755-5209
jake.stammen@marcusmillichap.com
License: TX 767420
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