Envoy Provides $1M+ in Financing for Wendy’s Restaurant in Metro Akron

by Randy Shearin

Streetsboro, Ohio — Envoy Net Lease Partners LLC has provided a $1 million-plus loan on a corporate ground lease for a Wendy’s restaurant in Streetsboro, roughly 20 miles north of Akron. The real estate finance company, who specializes in single-tenant, net leased commercial properties, financed 100 percent of the total project cost and allowed the undisclosed borrower to retain full control and ownership of the property. Construction on the 2,565-square-foot restaurant is slated for completion Dec. 1, 2017.

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