Wendy’s (Long-Term Ground Lease)

Wendy’s (Long-Term Ground Lease)

Liberty Hill, TX

Liberty Hill, TX

Wendy’s (Long-Term Ground Lease)

Offered for sale is a Wendy’s ground lease investment opportunity located along the State Highway 29 corridor in Liberty Hill, Texas. The property is situated within the Heritage Ridge commercial strip adjacent to Starbucks and within an active retail development featuring multiple national QSRs and retailers with executed leases or active development permits. The freestanding 2,155-square-foot building was constructed in 2024 on 0.95 acres and features the brand’s modern prototype design. The lease is guaranteed by HAZA Foods, LLC, one of the nation’s largest Wendy’s franchisees with more than 400 locations. The five-mile trade area reflects a 2025 average household income of $154,764 and projected population growth of 23 percent through 2030.

Price $1,758,000
Cap Rate 4.75%
Building Size 2,155 sqft
Lot Size 0.95 acres
Year Built 2024
Offering Memorandum

Ryan Wolf

Managing Director
(972) 755-5207
RWolf@marcusmillichap.com
License: TX 622900

Vincent Knipp

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

Duke Dennis

Director
(817) 932-6172

 

  • Ground Lease | 18.1 Years Remaining | Ten Percent Rent Increases Every Five Years
  • Lease Guaranteed by HAZA Foods, LLC | One of the Nation’s Top Wendy’s Franchisees | 400+ Locations
  • Affluent Trade Area | $154,764 AHI | 23 Percent Projected Population Growth Through 2030 (Five-Mile Radius)
  • Highway 29 Frontage (29,939 VPD) | New Costco, Target & Walmart-Anchored Ace Square Driving Corridor Growth
  • Adjacent to Starbucks with Multiple Incoming National QSRs & Retail
  • 2024 Construction — Modern Prototype
  • Austin, TX MSA — Top 10 U.S. Market for Retail Sales Growth in 2026
  • Wendy’s (NASDAQ: WEN) | 7,000+ Locations Worldwide

Ryan Wolf

Managing Director
(972) 755-5207
RWolf@marcusmillichap.com
License: TX 622900

Vincent Knipp

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