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235 Northside Dr
Jackson, MS 39206
Wendy's - Jackson, MS · Retail Property For Sale


INVESTMENT HIGHLIGHTS
- Property Renovated in 2025!
- Attractive Rental Increases | 10% Increases Every 5 Years
- Hard Corner Signalized Intersection
- 20-Year Abs. NNN Lease | No Landlord Responsibilities
- Very Strong Wendy’s Operator | 200+ Units
- Fee Simple Asset Allowing for Depreciation
EXECUTIVE SUMMARY
Marcus & Millichap is pleased to present for sale this Absolute Net Leased Wendy’s, located at 235 W Northside Drive in Jackson, Mississippi. The subject property consists of a 3,421 square-foot free-standing building with a drivethru and is situated on a .59-acre parcel of land. Strategically located on the hard signalized intersection of W Northside Drive and Hanging Moss Road, this property offers excellent visibility to more than 21,000 vehicles per day and convenient access with multiple points of ingress and egress. The property is also within close proximity to Interstate Highway-55 which sees more than 106,504 vehicles per day. The immediate trade area is also home to a strong mix of national and regional tenants, including McDonald’s, Taco Bell, Popeyes Chicken, Rally’s, Advance Auto Parts, Church’s Chicken, AutoZone, O’Reilly Auto Parts, Walgreens, and more, further driving the site’s consumer draw.
At closing, the tenant, a leading Wendy’s franchisee, will execute a 20-year absolute NNN lease with 10 percent rent increases every five years.
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.
At closing, the tenant, a leading Wendy’s franchisee, will execute a 20-year absolute NNN lease with 10 percent rent increases every five years.
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.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,421 SF
Building Class
C
Year Built/Renovated
2012/2025
Price
$3,508,979 CAD
Price Per SF
$1,025.72 CAD
Cap Rate
5.75%
NOI
$201,766 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
0.29 AC
Parking
8 Spaces (2.34 Spaces per 1,000 SF Leased)
Frontage
149’ on West Northside Drive
PROPERTY TAXES
| Parcel Number | 0430-0070-000 | Improvements Assessment | $98,730 CAD |
| Land Assessment | $14,352 CAD | Total Assessment | $113,082 CAD |
PROPERTY TAXES
Parcel Number
0430-0070-000
Land Assessment
$14,352 CAD
Improvements Assessment
$98,730 CAD
Total Assessment
$113,082 CAD
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