Tenant Profiles

Wendy’s

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02/28/2024 By B+E

Wendy's

wendys.com

26
Number on Market

$2.7M
Average Price

14.3
Average Remaining Term (Years)

5.38%
Average Cap Rate

Wendy's Tenant Overview

Wendy’s, founded in 1969, is headquartered in Dublin, Ohio. The company operates over 6,711 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.

Tenant Data:

Company	Wendy's
Ownership	Public
Headquarters	Dublin, Ohio
Ticker	NASDAQ: WEN
Credit Rating	B+ (S&P)
Annual Revenue	$2.1B (2023)
Locations (North America)	± 6,711
Regions	Global
Website	wendys.com

Average Wendy's Info
Number on Market	26
Average Price	$2,749,696
Average Remaining Term	14.3 Years
Average Cap Rate	5.38%
Average NOI	$145,617
Average PPSF	$1,033
Average Building SF	2,839 SF
Average Lot Size	1.02 AC
AS OF 02/01/2024