535 E Highway 24
Moberly, MO 65270
Wendy's · Retail Property For Sale

Horvath & Tremblay is pleased to present the exclusive sale of a single tenant Wendy’s investment property located at 535 East Highway 24 in Moberly, Missouri (the “Property”). The Property consists of a single-story, 2,700 square-foot building with a drive-thru on 1.17 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 strategically located along East Highway 24, one of Moberly’s primary commercial corridors and a well-traveled regional thoroughfare. The Property is positioned in the heart of the city’s main retail district, surrounded by leading national and regional tenants including Walmart Supercenter, Lowe’s, ALDI, and Walgreens, which drive consistent customer traffic to the area. Its location offers excellent accessibility to nearby residential neighborhoods, schools, and Moberly Regional Medical Center, ensuring a strong and diverse customer base. In addition, the site’s visibility along Highway 24 and connectivity to US Highway 63 provide convenient access for both local residents and regional commuters. Recreational amenities such as Rothwell Park and cultural destinations like the historic downtown district further contribute to steady area demand.