Speculative Buyer Purchases Former Wendy’s Restaurant with Drive-Thru in Tucson

TUCSON, Arizona – The former Wendy’s Restaurant with drive-thru at 7860 East Wrighstown Road in Tucson sold for $360,000 ($150 PSF)  to Badasam Investments of Scottsdale (Barry Werner, manager).

The 2,398-square-foot building was built in 1978 on .54 acres at the southwest corner of Wrightown and Pantano Roads. It has been vacant for several years and the buyer purchased it speculatively to lease.

Aaron LaPrise and Dave Hammack with Cushman & Wakefield | Picor handled the sale for buyer and seller, Milana Mihich, trustee of her Family Trust.

LaPrise and Hammack also have the leasing contract for the property.

“Drive-Thru properties are always in high demand,” Aaron LaPrise said. “The restaurant property offers plenty of retail opportunities.  Drive-thru lanes have become a superstar in retail.”

After decades as a fast-food staple, drive-thru lanes became the superstar, helping fast-food chains’ sales rebound faster than those of its full-service brethren. By December, drive-thru lanes accounted for 44% of off-premise orders across the entire restaurant industry, according to the NPD Group. As vaccine distribution ramps up across the United States, the popularity of drive-thru ordering appears to have staying power, and is expected to stay above pre-pandemic levels for some time to come.

For more information, LaPrise and Hammack should be reached at 520.748.7100.

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