Investment Overview

Marcus & Millichap is pleased to present a single-tenant Wendy's restaurant strategically positioned in Palmetto, Florida, available individually or as part of a three-unit Wendy's portfolio spanning Bradenton, Ellenton, and Palmetto (all in Florida). This 2,695-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 at the intersection of 10th Street East (US-301) and South Tamiami Trail (US-41) is one of Palmetto's most trafficked commercial crossroads, capturing a combined 85,000 vehicles per day and offering exceptional visibility to both local commuters and regional travelers moving between Tampa and Sarasota. The site is positioned as a direct outparcel to a Walmart Supercenter, one of the most coveted placements in the quick-service restaurant industry, with the surrounding retail corridor further anchored by Publix, Aldi, Walgreens, CVS Pharmacy, Dollar Tree, and Taco Bell. Just minutes from Interstate 75 and Interstate 275, the location benefits from outstanding regional connectivity that extends its consumer reach well beyond the immediate trade area. Palmetto's economic foundation is anchored by SeaPort Manatee, which generates over $5.1 billion in annual economic impact, supports more than 37,000 regional jobs, and is currently undergoing an $18 million container yard expansion. Adding further momentum, the Bradenton Area Convention Center sits just 0.8 miles from the site, and the new 252-room Palmetto Marriott Resort & Spa featuring 10,000 square feet of retail and a 5,500-person amphitheater is driving a steady influx of visitors and event traffic to the corridor. The five-mile trade area supports over 173,000 residents with average household incomes exceeding $80,900, and Manatee County's 1.97% annual population growth rate signals continued expansion of the consumer base. Set in Florida, an income tax-free state, this offering presents an attractive, passive income investment in one of the Gulf Coast's most dynamic and rapidly expanding markets.