802 E Pancake Blvd | Liberal, KS 67901
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802 E Pancake Blvd
Liberal, KS 67901
WENDY’S – LIBERAL, KS · Retail Property For Sale
Investment Highlights
- 17 years remaining on initial 20-year Absolute NNN lease with attractive 8% rental escalations every 5 years! Next rental escalation is 01/01/26.
- Tenant on Lease (Wenplains, LLC) encompasses 10 locations in the Midwest.
- 2023 DEMOGRAPHICS: Total Population (5-MI): 20,198 | Average Household Income (1-MI): $79,724
- Wenspoke Companies is an experienced Wendy’s Franchise owner/operator with ±67 restaurants spread across the Pacific Northwest & Midwest.
- Successfully open & operating since 2017 with an attractive 5.14% Rent-to-Sales Ratio! Sales are well-above the national average
- According to Bureau of Labor Statistics (December 2023), Kansas’s rate at 2.8% | National unemployment rate at 3.7%
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
5,335 SF
Building Class
C
Year Built/Renovated
1970/2017
Tenancy
Single
Number of Floors
1
Building FAR
0.07
Lot Size
1.80 AC
Zoning
C
Frontage
375 ft on East Pancake Boulevard
Amenities
- Restaurant
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | 148-34-0-30-08-004.00-0 | Improvements Assessment | £208,988 |
| Land Assessment | £18,347 | Total Assessment | £227,335 |
PROPERTY TAXES
Parcel Number
148-34-0-30-08-004.00-0
Land Assessment
£18,347
Improvements Assessment
£208,988
Total Assessment
£227,335
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