Skip to main content

Restaurant

Wendy's

2200 W State Rd 434, Longwood, FL 32779

Listing Price: $2,223,529

Cap Rate
4.25%
Tenant Name
Wendy's
Years Remaining On Lease
11.1
Guarantor
Franchisee Guarantee
Rentable SF
3,053
Lease Type
Absolute Net
Rent Per Square Feet
$30.95

Investment Overview

The Deltondo Group and Marcus & Millichap are pleased to present for sale Wendy's a single-tenant property located at 2200 West State Road 434, Orlando (Longwood), Florida 32779. The subject property is comprised of 3,053 square feet, built-in 1994 and renovated in 2017. The building sits on a large 1.42 acre located with frontage on West State Road 434 which oversees ±53,000 vehicles per day. ? The Wendy’s Company (NASDAQ: WEN) is the world’s third-largest quick-service hamburger company. Founded in 1969, Wendy’s system includes more than 6,800 franchise and Company Restaurants across the United State and 29 countries worldwide. As of 2021, Wendy’s is the #2 hamburger chain in the United States by sales behind McDonald’s. Wendy’s system sales increased by 4.8% last year to $10.2 billion, while Burger King sales dropped by 5.4% to $9.6 billion. The Company achieved its two highest quarterly Global same-restaurant sales results in over 15 years, while also launching their highly successful breakfast menu. Wendy’s reported global sales of $11.339 Million, up from $1.709 Billion in 2019, and continued to exhibit robust growth with 147 restaurants opened in 2020. Wendy’s on West State Road 434 is operated by Continental Food Management, LLC a 44-unit operator with locations across Florida and California.

Investment Highlights

  • Absolute-Net Lease: 11-Years Remain on Lease with 10% Increases in Year 6 & 11; 10% Increase Every 3rd Year of Each of the Four, 5-Year Options
  • Strong Franchisee Guaranty: Lease is Backed by Continental Food Management, Inc. a 44-Unit Guaranty with Stores located in Florida and California
  • High Visibility & Ease of Access: Located on West State Road 434 which Oversees ±53,000 Vehicles Per Day

Exclusively Listed By

Broker of Record

  • Ryan Nee

    First Vice President / District Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Financing By

Listing Price: $2,223,529

Cap Rate
4.25%
Tenant Name
Wendy's
Years Remaining On Lease
11.1
Guarantor
Franchisee Guarantee
Rentable SF
3,053
Lease Type
Absolute Net
Rent Per Square Feet
$30.95

Investment Highlights

  • Absolute-Net Lease: 11-Years Remain on Lease with 10% Increases in Year 6 & 11; 10% Increase Every 3rd Year of Each of the Four, 5-Year Options
  • Strong Franchisee Guaranty: Lease is Backed by Continental Food Management, Inc. a 44-Unit Guaranty with Stores located in Florida and California
  • High Visibility & Ease of Access: Located on West State Road 434 which Oversees ±53,000 Vehicles Per Day

Investment Overview

The Deltondo Group and Marcus & Millichap are pleased to present for sale Wendy's a single-tenant property located at 2200 West State Road 434, Orlando (Longwood), Florida 32779. The subject property is comprised of 3,053 square feet, built-in 1994 and renovated in 2017. The building sits on a large 1.42 acre located with frontage on West State Road 434 which oversees ±53,000 vehicles per day. ? The Wendy’s Company (NASDAQ: WEN) is the world’s third-largest quick-service hamburger company. Founded in 1969, Wendy’s system includes more than 6,800 franchise and Company Restaurants across the United State and 29 countries worldwide. As of 2021, Wendy’s is the #2 hamburger chain in the United States by sales behind McDonald’s. Wendy’s system sales increased by 4.8% last year to $10.2 billion, while Burger King sales dropped by 5.4% to $9.6 billion. The Company achieved its two highest quarterly Global same-restaurant sales results in over 15 years, while also launching their highly successful breakfast menu. Wendy’s reported global sales of $11.339 Million, up from $1.709 Billion in 2019, and continued to exhibit robust growth with 147 restaurants opened in 2020. Wendy’s on West State Road 434 is operated by Continental Food Management, LLC a 44-unit operator with locations across Florida and California.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    First Vice President / District Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

Financing By

MM Texture Background
MM Textured Background Lower