Description

This investment opportunity features a fully passive, income-generating asset: an absolute NNN ground lease in Pearland, Texas, with Wendy’s as the long-term tenant since 2006. The 42,480 SF (±0.975-acre) property provides investors with stable, predictable cash flow and zero landlord obligations, as Wendy’s covers all taxes, insurance, and maintenance. Located on a prime retail corridor along N Main St (TX-35) in a high-growth suburb of Houston, the lease runs through February 2026, offering over 10 months of secure returns. With nearly 20 years of uninterrupted occupancy and potential for future redevelopment or lease renewal, this deal appeals to 1031 exchange investors and those seeking long-term, hassle-free income in a strong market.