Investment Overview

INVESTMENT OVERVIEW Marcus & Millichap is pleased to present a single-tenant Wendy's restaurant strategically positioned in Bradenton, Florida, available individually or as part of a three-unit Wendy's portfolio spanning Bradenton, Ellenton, and Palmetto (all in Florida). This 2,823-square-foot building is secured by a new 13.5-year NNN lease backed by a dual-layer guaranty structure: a corporate guaranty from QRFM Holdings LLC, an experienced 75-unit Wendy's operator, and a personal guaranty from the operator himself, a rare combination that speaks directly to the operator's financial commitment to this location. With 10% contractual rent increases every five years, the lease is structured to deliver growing income throughout the base term. The operator behind this lease brings a track record worth noting. Quality Food Restaurant Management (QFRM) operates over 75 Wendy's locations across Florida and Indiana and recently sold a 100-unit Dunkin' portfolio while retaining its Wendy's holdings, a clear signal of long-term conviction to the Wendy’s brand. Backed by one of the world's most recognized quick-service restaurant chains with over 6,800 locations worldwide, $2.35 billion in revenue, and more than 50 years of operating history, this investment combines institutional brand strength with the added security of a seasoned, personally committed operator. The property's location on Manatee Avenue West (Florida State Road 64) is one of Bradenton's premier commercial addresses, serving as the primary east-west artery linking downtown Bradenton to the highly trafficked Gulf Coast beaches. With over 45,000 vehicles passing daily and proximity to a dense retail corridor anchored by Publix, Target, Starbucks, and a forthcoming ALDI, the site is embedded in a high-velocity consumer environment. Just 1.2 miles from HCA Florida Blake Hospital, a 383-bed acute care facility and major employment hub, the property benefits from a reliable, around-the-clock customer base of healthcare workers, patients, and visitors. Bradenton's market fundamentals add another strong layer to this investment. Manatee County has added nearly 60,000 new residents since 2020, ranking Bradenton as one of the top one-way moving destinations in the nation. The five-mile trade area supports over 158,000 residents with average household incomes exceeding $89,600 within three miles, and the retail submarket reflects this demand with a tight 3.9% vacancy rate. Further amplifying the growth story, the nearby SeaFlower master-planned community is set to deliver 4,000 new homes, directly expanding the trade area population. Set in Florida, an income tax-free state, this offering presents an attractive, passive income investment in one of the country's fastest-growing Gulf Coast markets.