Wendy’s | New 2025 Construction Built-To-Suit

109 S. Perry Lane, Tempe Arizona, 85281

Listing ID: CL-Arizona-26485 Commercial Restaurant Retail
Published on: Friday, October 3, 2025 | Updated on: Thursday, April 2, 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

Listing Location

Lister's Other Properties View All

Disclaimer: LoopingCloud is a social listing portal that connects real estate professionals, service providers, buyers, and sellers. All property information, descriptions, availability, financial details, and any offerings are provided by the respective lister or service provider and are not independently verified by LoopingCloud.