News

BNL Acquisition: Wendy’s

Broadstone Net Lease has acquired one Wendy’s property in Oklahoma City, which will be added to an existing master lease held with WendPartners. The property was acquired via a sale-leaseback transaction. BNL currently owns 35 Wendy’s locations across 10 states. 

  • Closing Date: June 26, 2015
  • Square Footage: 2,782
  • Lease Type: Triple-net
  • Lease Length: 19 Years
  • Rent Increases: 1.70% Annually
  • Broker/source: Lewis E. Topper, WendPartners

Note: The brand listed may not represent BNL’s actual tenant but a lease guarantor, tenant franchise or a D/B/A (doing business as).