Skip to main content

Restaurant

Wendy's I Trophy Orlando Location I Mins to Downtown

1308 W Fairbanks Ave, Winter Park, FL 32789

Listing Price: $3,033,700

Cap Rate
4.45%
Tenant Name
Wendy's
Years Remaining On Lease
11.7
Guarantor
Corporate Guarantee
Rentable SF
2,414
Lease Type
Ground Lease
Rent Per Square Feet
$55.92

Investment Overview

Absolute NNN ground leased Wendy's with a rare corporate guarantee. Located just five miles from downtown Orlando, one of Florida's most densely populated markets. Wendy's has nearly 12 years remaining in their original base term to coincide with 10% rent increases every 5 years making this an ideal 1031 exchange investment.

Investment Highlights

  • Trophy Ground Leased Wendy's with No Management: Coveted NNN Ground Leased Wendy's Located on a Heavily Trafficked Section of W Fairbanks Avenue (34,000 Vehicles Per Day (VPD)) in Winter Park, Florida
  • Positioned in Orlando, One of America's Highest Growth Cities: Located Just Five Miles from Downtown Orlando
  • Long Term Lease with Increases to Hedge Inflation: Newly Constructed in 2020, the Subject Property Has Nearly 12 Years Remaining on Its Lease Base Term with 10 Percent Rent Increases Every Five Years
  • Rare Corporate Guarantee: Lease Corporately Guaranteed by Wendy's (Wendy's Properties, LLC), One of America's Leading Fast Food Chains with Over 6,900 Locations Nationwide and Across the Globe
  • Dense and Affluent Demographics: Situated in a Dense Area with Over 276,000 People Living Within a 5-Mile Radius with an Average Annual Household Income Exceeding $87,000

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Restaurant

Wendy's I Trophy Orlando Location I Mins to Downtown

Listing Price: $3,033,700

Cap Rate
4.45%
Tenant Name
Wendy's
Years Remaining On Lease
11.7
Guarantor
Corporate Guarantee
Rentable SF
2,414
Lease Type
Ground Lease
Rent Per Square Feet
$55.92

Investment Highlights

  • Trophy Ground Leased Wendy's with No Management: Coveted NNN Ground Leased Wendy's Located on a Heavily Trafficked Section of W Fairbanks Avenue (34,000 Vehicles Per Day (VPD)) in Winter Park, Florida
  • Positioned in Orlando, One of America's Highest Growth Cities: Located Just Five Miles from Downtown Orlando
  • Long Term Lease with Increases to Hedge Inflation: Newly Constructed in 2020, the Subject Property Has Nearly 12 Years Remaining on Its Lease Base Term with 10 Percent Rent Increases Every Five Years
  • Rare Corporate Guarantee: Lease Corporately Guaranteed by Wendy's (Wendy's Properties, LLC), One of America's Leading Fast Food Chains with Over 6,900 Locations Nationwide and Across the Globe
  • Dense and Affluent Demographics: Situated in a Dense Area with Over 276,000 People Living Within a 5-Mile Radius with an Average Annual Household Income Exceeding $87,000

Investment Overview

Absolute NNN ground leased Wendy's with a rare corporate guarantee. Located just five miles from downtown Orlando, one of Florida's most densely populated markets. Wendy's has nearly 12 years remaining in their original base term to coincide with 10% rent increases every 5 years making this an ideal 1031 exchange investment.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

MM Texture Background
MM Textured Background Lower