Restaurant
Wendy’s – 41-Unit Seasoned Operator
1218 E State Rd 434, Winter Springs, FL 32708
Listing Price: $3,168,421
Cap Rate
4.75%
Tenant Name
Wendy's
Years Remaining On Lease
16.0
Gross SF
2,163
Guarantor
Franchisee Guarantee
Rentable SF
2,163
Price/Gross SF
$1,464.83
Lease Type
Absolute Net
Rent Per Square Feet
$69.58
Investment Overview
1218 E State Rd 434, Winter Springs, FL.
Wendy’s – 41-Unit Seasoned Operator
Investment Highlights
- LONG-TERM ABSOLUTE NNN LEASE WITH STRONG GUARANTOR: The property is secured by a 20-year absolute NNN lease with 16 years remaining, operated by Wiley Management dba Wendy's with 41 Locations
- ATTRACTIVE RENTAL GROWTH & RENEWAL OPTIONS: The lease includes 7.5% rent increases every 5 years, ensuring steady income growth, with four (4) five-year renewal options providing long-term stability.
- HIGH-TRAFFIC LOCATION IN SEMINOLE COUNTY: Strategically positioned on State Rd 434, the site benefits from high daily traffic counts, dense residential developments, and proximity to retail hubs.
- PROXIMITY TO ORLANDO MSA – A FAST-GROWING ECONOMY: Winter Springs is part of the Orlando-Kissimmee-Sanford MSA, one of the fastest-growing metro areas in the U.S., with a regional population exceeding 2.7 million.
- STRONG TENANT – WENDY'S CONTINUES TO EXPAND: Wendy's (NASDAQ: WEN) operates over 7,000 locations worldwide, with 6,000 U.S. locations. In 2024, the company reported $14.5 billion in systemwide sales.
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $3,168,421
Cap Rate
4.75%
Tenant Name
Wendy's
Years Remaining On Lease
16.0
Gross SF
2,163
Guarantor
Franchisee Guarantee
Rentable SF
2,163
Price/Gross SF
$1,464.83
Lease Type
Absolute Net
Rent Per Square Feet
$69.58
Investment Highlights
- LONG-TERM ABSOLUTE NNN LEASE WITH STRONG GUARANTOR: The property is secured by a 20-year absolute NNN lease with 16 years remaining, operated by Wiley Management dba Wendy's with 41 Locations
- ATTRACTIVE RENTAL GROWTH & RENEWAL OPTIONS: The lease includes 7.5% rent increases every 5 years, ensuring steady income growth, with four (4) five-year renewal options providing long-term stability.
- HIGH-TRAFFIC LOCATION IN SEMINOLE COUNTY: Strategically positioned on State Rd 434, the site benefits from high daily traffic counts, dense residential developments, and proximity to retail hubs.
- PROXIMITY TO ORLANDO MSA – A FAST-GROWING ECONOMY: Winter Springs is part of the Orlando-Kissimmee-Sanford MSA, one of the fastest-growing metro areas in the U.S., with a regional population exceeding 2.7 million.
- STRONG TENANT – WENDY'S CONTINUES TO EXPAND: Wendy's (NASDAQ: WEN) operates over 7,000 locations worldwide, with 6,000 U.S. locations. In 2024, the company reported $14.5 billion in systemwide sales.
Investment Overview
1218 E State Rd 434, Winter Springs, FL.
Exclusively Listed By
Broker of Record
Financing By
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