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Investment Details
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WENDY'S GROUND LEASE
Ridgeland |
Mississippi
Highlights
• New 20 year Ground Lease with 2.50% rental increases every 5 years and four 5-year renewal options. • Tenant on the lease is Wendelta, Inc., which operates 160 Wendy’s locations across the United States • Well located on out lot to Costco in Renaissance Development. • Average household income over $151,000 in a 1-mile radius. • Ridgeland, MS is located 1 miles north of Jackson, MS. • The tenant opened on November 27th, 2020.
|
WENDY'S GROUND LEASE
Ridgeland |
Mississippi
|
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![]()
Highlights
• New 20 year Ground Lease with 2.50% rental increases every 5 years and four 5-year renewal options. • Tenant on the lease is Wendelta, Inc., which operates 160 Wendy’s locations across the United States • Well located on out lot to Costco in Renaissance Development. • Average household income over $151,000 in a 1-mile radius. • Ridgeland, MS is located 1 miles north of Jackson, MS. • The tenant opened on November 27th, 2020.
Investment Details
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