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Restaurant

Wendy's | Fort Myers, FL

14491 Palm Beach Blvd, Fort Myers, FL 33905

Listing Price: $3,084,000

Cap Rate
5.35%
Tenant Name
Wendy's
Years Remaining On Lease
13.4
Guarantor
Franchisee Guarantee
Rentable SF
2,510
Lease Type
Absolute Net
Rent Per Square Feet
$65.74

Investment Overview

Lease
- 13.5 Years Remaining on original 20-year base term
- Absolute NNN – No Landlord Responsibilities
- 10% Rent Increases Every 5-Years
- Four, 5-Year Options

Strong Guarantee – QFRM Holdings / Tim Cloe
- Lease Is Guaranteed by QFRM Holdings LLC, A Florida-Based Franchisee Led by Tim Cloe, Operating Approximately 80+ Wendy’s Locations Across the Gulf Coast

Strong Unit Level Performance
- Strong performing store with a healthy rent to sales ratio

Strong Real Estate
- Located on the signalized intersection of Palm Beach Blvd & Buckingham Rd, which sees a combined traffic count of 63,500 cars per day!
- Large 1.25 acre parcel with multiple access points
- 2,510 SF building with a drive-thru and ample parking
- Surrounded by national retailers including Publix, Aldi, CVS, McDonald’s, Dunkin’, Circle K, and more!

Investment Highlights

  • Lease - 13.5 Years Remaining on original 20-year base term - Absolute NNN – No Landlord Responsibilities - 10% Rent Increases Every 5-Years - Four, 5-Year Options
  • Strong Guarantee – QFRM Holdings / Tim Cloe - Lease Is Guaranteed by QFRM Holdings LLC, A Florida-Based Franchisee Led by Tim Cloe, Operating Approximately 80+ Wendy's Locations Across the Gulf Coast
  • Strong Unit Level Performance - Strong performing store with a healthy rent to sales ratio

Exclusively Listed By

Financing By

Restaurant

Wendy's | Fort Myers, FL

Listing Price: $3,084,000

Cap Rate
5.35%
Tenant Name
Wendy's
Years Remaining On Lease
13.4
Guarantor
Franchisee Guarantee
Rentable SF
2,510
Lease Type
Absolute Net
Rent Per Square Feet
$65.74

Investment Highlights

  • Lease - 13.5 Years Remaining on original 20-year base term - Absolute NNN – No Landlord Responsibilities - 10% Rent Increases Every 5-Years - Four, 5-Year Options
  • Strong Guarantee – QFRM Holdings / Tim Cloe - Lease Is Guaranteed by QFRM Holdings LLC, A Florida-Based Franchisee Led by Tim Cloe, Operating Approximately 80+ Wendy's Locations Across the Gulf Coast
  • Strong Unit Level Performance - Strong performing store with a healthy rent to sales ratio

Investment Overview

Lease - 13.5 Years Remaining on original 20-year base term - Absolute NNN – No Landlord Responsibilities - 10% Rent Increases Every 5-Years - Four, 5-Year Options Strong Guarantee – QFRM Holdings / Tim Cloe - Lease Is Guaranteed by QFRM Holdings LLC, A Florida-Based Franchisee Led by Tim Cloe, Operating Approximately 80+ Wendy’s Locations Across the Gulf Coast Strong Unit Level Performance - Strong performing store with a healthy rent to sales ratio Strong Real Estate - Located on the signalized intersection of Palm Beach Blvd & Buckingham Rd, which sees a combined traffic count of 63,500 cars per day! - Large 1.25 acre parcel with multiple access points - 2,510 SF building with a drive-thru and ample parking - Surrounded by national retailers including Publix, Aldi, CVS, McDonald’s, Dunkin’, Circle K, and more!

Exclusively Listed By

Financing By

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