Wendy's 2321 N Baltimore St 2,296 SF Retail Building Kirksville, MO 63501 $3,188,348 CAD ($1,388.65 CAD/SF) 5.75% Cap Rate

Horvath & Tremblay is pleased to present the exclusive sale of a single tenant Wendy’s investment property located at 2221 North Baltimore Street in Kirksville, Missouri (the “Property”). The Property consists of a single-story, 2,296 square-foot building with a drive-thru on 0.94 acres. Wendy’s will sign a new 20-year Absolute NNN Lease with six (6), 5-year renewal options at the close of escrow. The lease features attractive 10% rent increases every five years throughout the primary lease and at the start of each renewal option. Wendy’s is well-positioned along North Baltimore Street (US Highway 63), the primary retail and commuter route serving Kirksville and the surrounding region. The Property benefits from its placement within a highly concentrated retail corridor anchored by Walmart Supercenter, Home Depot, ALDI, Hobby Lobby, and Walgreens, which generate steady traffic and customer activity. In addition to its strong retail setting, the site is located just minutes from Northeast Regional Medical Center, Truman State University, and A.T. Still University, providing a reliable and diverse customer base of residents, professionals, and students. Nearby residential neighborhoods and schools further enhance local demand, while the property’s accessibility and visibility along US Highway 63 ensure excellent connectivity throughout north-central Missouri. Recreational amenities such as Thousand Hills State Park and cultural offerings in Kirksville’s historic downtown add to the city’s consistent draw.