Restaurant
Wendy’s 20+ Years NNN Lease Strong Sales 200+ Unit Guarantee
2200 FL-71, Marianna, FL 32448
Listing Price: $2,822,857
Investment Overview
Marcus & Millichap is pleased to present for sale this Absolute Net Leased
Wendy’s located at 2200 SR-71 N in Marianna, Florida, situated along the
Panhandle. The subject property consists of a 2,500 square-foot free-standing
building with a drive-thru and is situated on a large 1.17-acre parcel of land.
Strategically positioned just off the Interstate-10 exit, which experiences over
23,500 vehicles per day, this property offers exceptional visibility and convenient
access. It is also situated along State Road 71, a high-traffic retail corridor home
to a diverse mix of national and regional retailers, including Walmart, Lowe’s
Home Improvement, Pilot Travel Center, Pizza Hut, Dunkin’, Truist, Burger King,
Murphy Gas, and Verizon. Additionally, the area features several well-known
hotels, such as Econo Lodge, Wyndham Marianna, Comfort Inn, Fairfield Inn,
and more, further enhancing the site’s strong consumer and traveler traffic.
At closing, the tenant, a leading Wendy’s franchisee, will execute a 20-year
absolute NNN lease with 10 percent rent increases every five years.
Wendy’s is one of the world’s leading fast-food burger chains, known for its
fresh, never frozen beef, signature square-shaped burgers, and high-quality
ingredients. Founded in 1969 by Dave Thomas in Columbus, Ohio. Dave built
his business on the premise “Quality is our Recipe.” Today Wendy’s Company
is the world’s third largest quick-service hamburger, and its franchisees employ
thousands of people across 7,000 restaurants worldwide and annual revenue
exceeds $2.2B. Wendy’s is best known for made-to-order square hamburgers
using fresh and never frozen beef, freshly prepared salads, chili, baked potatoes
and the Frosty Dessert.
Wendy’s 20+ Years NNN Lease Strong Sales 200+ Unit Guarantee
Investment Highlights
- 2021 Construction Wendy's Drive Thru | Busy Highway Location
- Very Strong Sales | Established Location with Healthy Proposed Rent to Sales Ratio
- Located Across the Street from a Busy Walmart Supercenter with More than 2.4 Million Visits Per Year (Placer.AI)
- 2,500 Square Foot Restaurant Situated on a 1.17-Acre Parcel of Land
- 20+Years Abs. NNN Lease | No Landlord Responsibilities
- Attractive Rental Increases | 10% Increases Every 5 Years
- Fee Simple Asset Allowing for Depreciation
- Florida is an Income Tax Free State
Restaurant
Wendy’s 20+ Years NNN Lease Strong Sales 200+ Unit Guarantee
Listing Price: $2,822,857
Investment Highlights
- 2021 Construction Wendy's Drive Thru | Busy Highway Location
- Very Strong Sales | Established Location with Healthy Proposed Rent to Sales Ratio
- Located Across the Street from a Busy Walmart Supercenter with More than 2.4 Million Visits Per Year (Placer.AI)
- 2,500 Square Foot Restaurant Situated on a 1.17-Acre Parcel of Land
- 20+Years Abs. NNN Lease | No Landlord Responsibilities
- Attractive Rental Increases | 10% Increases Every 5 Years
- Fee Simple Asset Allowing for Depreciation
- Florida is an Income Tax Free State
Investment Overview
Marcus & Millichap is pleased to present for sale this Absolute Net Leased Wendy’s located at 2200 SR-71 N in Marianna, Florida, situated along the Panhandle. The subject property consists of a 2,500 square-foot free-standing building with a drive-thru and is situated on a large 1.17-acre parcel of land. Strategically positioned just off the Interstate-10 exit, which experiences over 23,500 vehicles per day, this property offers exceptional visibility and convenient access. It is also situated along State Road 71, a high-traffic retail corridor home to a diverse mix of national and regional retailers, including Walmart, Lowe’s Home Improvement, Pilot Travel Center, Pizza Hut, Dunkin’, Truist, Burger King, Murphy Gas, and Verizon. Additionally, the area features several well-known hotels, such as Econo Lodge, Wyndham Marianna, Comfort Inn, Fairfield Inn, and more, further enhancing the site’s strong consumer and traveler traffic. At closing, the tenant, a leading Wendy’s franchisee, will execute a 20-year absolute NNN lease with 10 percent rent increases every five years. Wendy’s is one of the world’s leading fast-food burger chains, known for its fresh, never frozen beef, signature square-shaped burgers, and high-quality ingredients. Founded in 1969 by Dave Thomas in Columbus, Ohio. Dave built his business on the premise “Quality is our Recipe.” Today Wendy’s Company is the world’s third largest quick-service hamburger, and its franchisees employ thousands of people across 7,000 restaurants worldwide and annual revenue exceeds $2.2B. Wendy’s is best known for made-to-order square hamburgers using fresh and never frozen beef, freshly prepared salads, chili, baked potatoes and the Frosty Dessert.
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