Wendy’s | New 2025 Construction Built-To-Suit in Tempe Arizona 85281

109 S. Perry Lane, Tempe Arizona, 85281

Listing ID: CL-Arizona-26485 Commercial Restaurant Retail
Published on: Friday, October 3, 2025 | Updated on: Tuesday, April 14, 2026

Listing Summary

Invest in long-term security with this new construction (2025) Wendy's in the highly dynamic Tempe market (Phoenix MSA). The property is backed by a robust 20-year absolute NNN lease, offering investors a truly passive income stream.

Full Description

Premier Absolute NNN Investment: New 2025 Wendy’s Across from Tempe Marketplace

This is a rare opportunity to acquire a premier net lease asset: a newly constructed (2025), build-to-suit Wendy’s in the heart of Tempe, AZ. This investment offers completely passive ownership via a 20-year absolute NNN lease.

The lease is guaranteed by Arizona Restaurant Company, LLC, a massive franchisee operating over 190 locations nationwide. Investors are assured of stable income growth with contractual $\text{10%}$ rent increases every five years and four additional five-year renewal options.

Unbeatable Location: Situated on a large 1.25-acre site, the 2,490 SF QSR sits directly across from Tempe Marketplace, a powerhouse retail center attracting 12.9 million annual visitors. The site benefits from exceptional visibility to over 133,000 vehicles per day from the adjacent Loop 101 and 202 freeways. It is also less than 1.5 miles from Arizona State University (55,000+ students) and surrounded by major national retailers and significant $1.8 billion development projects, ensuring massive, sustained consumer traffic.


 

Quick Glance

  • Listing ID: CL-Arizona-26485
  • Status: Active
  • Year Build: 2025
  • Building Size: 2,490 SqFt
  • Lot Size: 1.25 Acre

Property Documents

No documents available.

Complete Details

  • Year Build: 2025
  • Building Size: 2,490 SqFt
  • No of Stories: 1
  • Total Lot Area: 1.25 Acre
  • No of Total Units: 1
  • Heating and Cooling: Not Specified

Pricing Details

Additional Features

Highlights
  • lobal Brand Recognition – Over 7,000 Locations Worldwide – Top Tier QSR Brand – Recession Resilient Concept
  • 20 Year Absolute NNN Lease – New 2025 Build-to-Suit Construction – New Wendy’s Prototype – Last Approved Drive-Through Location within Tempe ASU District
  • Walking Distance to Arizona State University (55,000 students) – Across the Street from Popular Tempe Marketplace Lifestyle Center (12.9 Million Annual Visitors)
  • Hard Corner Signalized Location – Visibility to Over 34,000 VPD – Quick Access to 101 Loop & 202 Loop Freeways
  • Global Brand Recognition – Over 7,000 Locations Worldwide – Top Tier QSR Brand – Recession Resilient Concept
  • 20 Year Absolute NNN Lease – New 2025 Build-to-Suit Construction – New Wendy’s Prototype – Last Approved Drive-Through Location within Tempe ASU District
  • Walking Distance to Arizona State University (55,000 students) – Across the Street from Popular Tempe Marketplace Lifestyle Center (12.9 Million Annual Visitors)
  • Hard Corner Signalized Location – Visibility to Over 34,000 VPD – Quick Access to 101 Loop & 202 Loop Freeways
  • Across from New Tempe Light Rail Station Along Rio Salado Pkwy Currently Under Construction – Rail System will Serve ASU & Chicago Cubs Spring Training Facility

Listing Location

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