
About this Property
- Corporate-backed Wendy’s location with consistent national brand performance.
- Annual NOI of approximately $112,000 with predictable rental increases.
- High-visibility site near I-94, delivering strong daily traffic counts and accessibility.
- Positioned on a half-acre lot with drive-thru capabilities and ample parking for 28+ vehicles.
- Located in Detroit’s retail corridor benefiting from ongoing city revitalization and infrastructure investment.
This Wendy’s property at 17010 Harper Avenue offers investors a stable, long-term net lease opportunity in the Detroit market with a nationally recognized quick-service brand. The site operates under a NNN lease structure backed by WM Limited Partnership LLC, with Res Management LLC as guarantor. The property benefits from high visibility along Harper Avenue with proximity to I-94, ensuring consistent customer traffic.
The current lease has over 19 years remaining on the original 20-year term, along with six additional five-year renewal options, providing strong cash flow security for decades. Annual net operating income is approximately $112,000 with structured rental escalations of up to 1.25% or CPI. Situated on a 23,522 sq. ft. lot with professional landscaping and ample parking, this single-tenant retail property represents passive income supported by a reliable national tenant.
Detroit continues to experience revitalization, enhancing the long-term value of well-located properties. Investors gain the advantage of fee simple ownership and a predictable income stream in a high-traffic retail corridor anchored by a strong brand presence.
Documents
874 KB
Unlock market insights and demographics by signing up for free!
Unlock market insights and demographics by signing up for free!
Investment property for sale
Listing Agent

