Restaurant
Wendy's I 20 Year Lease I Meritage Guarantee
12135 Lem Turner Rd, Jacksonville, FL 32218
Listing Price: $2,352,491
Cap Rate
5.00%
Tenant Name
Wendy's
Years Remaining On Lease
0.7
Guarantor
Franchisee Guarantee
Rentable SF
3,381
Lease Type
Absolute Net
Rent Per Square Feet
$35.49
Investment Overview
20-year NNN lease, outparcel to Home Depot and across from Walmart. Meritage Hospitality guarantee.
Listing Price: $2,352,491
Cap Rate
5.00%
Tenant Name
Wendy's
Years Remaining On Lease
0.7
Guarantor
Franchisee Guarantee
Rentable SF
3,381
Lease Type
Absolute Net
Rent Per Square Feet
$35.49
Investment Highlights
- Newly extended 20-year lease.
- Meritage Hospitality Group guarantee.
- Outparcel to Home Depot and across from Walmart.
Investment Overview
20-year NNN lease, outparcel to Home Depot and across from Walmart. Meritage Hospitality guarantee.
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