Investment Overview

Marcus & Millichap has been selected to exclusively market for sale a Wendy's located in the thriving Rd 68 retail corridor of Pasco, WA. This prime Wendy’s investment opportunity features a brand-new 20-year Absolute NNN Lease set to commence at closing, providing investors with long-term, passive income and zero landlord responsibilities for management, maintenance, or repairs. The lease structure includes 8.0% rent increases every five years throughout the initial term and all option periods, offering a built-in hedge against inflation. Strategically positioned on Road 68—one of Pasco’s primary retail corridors—and just minutes from Interstate 182, the property benefits from high daily traffic counts, strong consumer demand, and a dense retail presence. The property sits as a pad at the entrance to Sandifur Crossing, a thriving shopping center featuring nationally recognized tenants such as Grocery Outlet, Planet Fitness, and Dollar Tree, further enhancing foot traffic. The store is operated by a successful Wendy’s franchisee with over 80 locations in 11 states. The entity guaranteeing the lease will be Wenspok Resources LLC, the franchisee’s Pacific Northwest operations, which includes 23 restaurants and total store sales volume in excess of $64,000,000 per year (2024). Constructed in 2019 as a build-to-suit for Wendy’s, the property boasts high-quality, modern construction designed for long-term operational efficiency. The Pasco market continues to experience strong demographic growth, with a population of 121,083 within a five-mile radius—a 16.4% increase over the past decade, highlighting sustained demand and future appreciation potential. Additionally, Washington State’s lack of state income tax enhances investor returns, making this a highly attractive, tax-efficient investment opportunity.