WENDY'S  |  $1,894,736 | 4.75% CAP

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The Deltondo Group and Marcus & Millichap are pleased to present for Wendy's a single-tenant property located at 2033 North Prospect Avenue, Champaign, IL 61822.

Wendy's has 15 years remaining on the absolute-net ground lease and is operated by All Star Management a 38 unit guaranty. The Wendy's lease calls for 7.5% increases every 5 Years including the four, 5 year options to extend. Located at the intersection of North Prospect Avenue & Baytowne Drive, Wendy's has excellent visibility and traffic passed by over 23,000 vehicles per day.

All Star Management, which is a very experienced franchisee that started in 1989 and now has over 38 stores. Mike Allegro, who was a Director at Wendy’s corporate office from 1982-1988, is the President/CEO of All Star Management. He became a franchisee in 1989 and has grown All Star Management from two to thirty eight stores over that time period. He has been honored with two of the highest awards from Wendy’s - the Dave Thomas Founders Award and an induction into the Wendy’s Hall of Fame.

PRESENTED BY:

PETER DELTONDO
Founder, Deltondo Advisory Group
(949) 698-2609
pdeltondo@marcusmillichap.com

BROKER OF RECORD
Josh Caruana
License: 0265350