8258 Broadmoor Ave SE - Fast Food FOR SALE


Caledonia, MI 49316- Byron/Gaines/Caledonia/Cascade
$2,533,500 USD
786-522-7013
8258 Broadmoor Ave SE, Caledonia, MI for Sale
$2,533,500 USD
Fast Food - FOR SALE
1/4
null | 5.6% Cap Rate

8258 Broadmoor Ave SE
Caledonia, MI 49316
Byron/Gaines/Caledonia/Cascade


HIGHLIGHTS

  • Absolute NNN Lease | Zero Landlord Responsibilities
  • Attractive Rental Increases
  • Experienced 388+ Unit Operator | Meritage Hospitality Group
  • Public Company Corporate Guarantee
  • Newer 2017 Construction Building with Drive Thru | Strong Intrinsic Value
  • Proximity to Davenport University | 8,400+ Enrolled Students

OVERVIEW

Marcus & Millichap is pleased to present for sale this Absolute NNN Wendy’s, located at 8258 Broadmoor Avenue in Caledonia, Michigan. The property consists of a 3,378-square-foot freestanding building with a drive-thru, positioned on a large 1.59-acre parcel offering excellent access and visibility. Strategically positioned along Broadmoor Avenue—a major commercial corridor just six miles from Gerald R. Ford International Airport—this Wendy’s benefits from strong traffic counts and excellent access to both local and commuter traffic. The property is also located near Davenport University, which enrolls more than 8,400 students, driving consistent daytime activity in the area. The site is operated and guaranteed by Meritage Hospitality Group, the nation’s only publicly traded Wendy’s franchisee, with more than 388+ units across the country. The lease is structured as Absolute NNN, providing zero landlord responsibilities and featuring scheduled rental increases that enhance longterm income growth and value stability. Wendy’s is one of the world’s leading fast-food burger chains, known for its fresh, never frozen beef, signature square-shaped burgers, and high-quality ingredients. Founded in 1969 by Dave Thomas in Columbus, Ohio, Wendy’s has built a strong brand centered around innovation, customer satisfaction, and a commitment to fresh, made-to-order meals. The chain’s flagship menu items include the iconic Dave’s Single, Spicy Chicken Sandwich, and Frosty desserts, along with a variety of salads, chicken nuggets, and breakfast options. With thousands of locations worldwide, Wendy’s continues to grow its presence, leveraging modern digital ordering, drive-thru convenience, and an expanding global footprint to remain competitive in the quick-service restaurant (QSR) industry.

FOR SALE DETAILS

PRICE

$2,533,500 USD

PRICE/SF

$750 USD /SF

CAP RATE

5.6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wendy's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

Broadmoor Ave and 84th Street

LAND ACRES

1.59 AC

LAND SF

69,260 SF

ZONING

-

APN/PARCEL ID

41-23-17-400-071

ASK ABOUT THIS PROPERTY

Ronnie IssenbergMarcus & MillichapMore Info
786-522-7013

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Ronnie IssenbergMarcus & MillichapMore Info
786-522-7013

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.