Map of Property

Wendy's

For Sale

4014 Spencer Hwy, Pasadena, TX 77504

This Pasadena property for sale is located at 4014 Spencer Hwy. The general use of Wendy's is retail and it incorporates 2,722 square feet of class B retail space. The current listed sale price for Wendy's is $1,842,000. Wendy's is situated on a lot that is 0.72 acre in size.

Contacts

broker
John Andreini

CP Partners

Property Details

  • Property Type Retail - Restaurant
  • Property Size 2,722 SF
  • Units 1
  • Lot Size 0.72 Acre
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Renovated 2017
  • Date Updated May 21, 2025
Brand-new 20-year absolute NNN lease extension featuring 10% rental increases every 5 years and 4, 5-year extension options. Tenant is the largest Wendy’s franchisee in the U.S. with over 560 Wendy’s and Taco Bell locations in their system.
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Highlights

  • An absolute NNN lease single-tenant Wendy’s in the Houston MSA
  • Brand-new 20-year lease extension with strong franchisee guaranty
  • 10% rental increases every 5 years during the primary term and option periods
  • 35+ year operating history at this site
  • Strong intrinsics – below market rent ($31/SF) and drive-thru
  • Operator is the largest Wendy’s franchisee in the U.S.
  • Nearby national retailers driving traffic to the direct trade area include Kroger, Target, Walmart, Home Depot, and Hobby Lobby

Getting around

  • 73/100

    Walk Score ®

  • 56/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Pasadena, TX
  • Neighborhood Bayshore Park
  • Zip Code 77504
  • Market Houston

Points of Interest

  • Altic/Howard Hughes

    9.83 miles

  • The Neighborhood Shop

    1.35 miles

  • Phillips 66

    1.62 miles

  • Mi Tienda

    1.63 miles

  • Valero

    2.36 miles

  • H-E-B Fuel

    2.45 miles

  • Shell

    3.58 miles

  • Stripes

    3.73 miles

  • Murphy USA

    3.96 miles

  • Chevron

    4.00 miles

  • eVgo

    5.89 miles

  • Armand Walking Trail Parking

    3.30 miles

  • South Point Park & Ride

    3.91 miles

  • Fuqua Park & Ride

    4.39 miles

  • Monroe Park and Ride

    4.39 miles

  • Wally Park

    4.72 miles

  • PreFlight Airport Parking

    5.65 miles

  • Parking for Armand Walking Trail

    6.85 miles

  • Parking for Armand Trail

    6.94 miles

  • Lot B

    7.46 miles

  • Lot R

    7.55 miles

  • Spanky's Homemade Pizza & Bar

    0.03 miles

  • Oriental Wok

    0.05 miles

  • Red Lobster

    0.08 miles

  • Golden Corral

    0.08 miles

  • Denny's

    0.10 miles

  • Schlotzsky's

    0.22 miles

  • IHOP

    0.38 miles

  • 7Spice Cajun Seafood

    0.53 miles

  • McDonald's

    0.73 miles

  • Kathy's Kitchen

    0.85 miles

  • Kroger

    0.46 miles

  • ALDI

    1.06 miles

  • Fix Crap

    1.26 miles

  • Mi Tienda

    1.61 miles

  • Food Town

    1.76 miles

  • Walmart Supercenter

    1.76 miles

  • Target

    1.92 miles

  • Ross

    2.13 miles

  • Mission AC, Plumbing & Electric South Houston

    2.13 miles

  • Joe V's Smart Shop

    2.36 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
John Andreini

CP Partners

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