Investment Overview

We are pleased to present the opportunity to acquire a freestanding Wendy’s restaurant operated by Meritage Hospitality Group, one of the nation’s largest Wendy’s franchisees with over 375 units. The property is situated on a ±1.015-acre fee simple parcel at a signalized intersection along Max Leggett Parkway, one of Jacksonville’s primary commercial corridors, and directly across from the UF Health Jacksonville campus, a major regional employment and traffic driver. The ±3,106-square-foot building was constructed in 2014 and features a modern Wendy’s prototype with an efficient drive-thru layout and ample parking. The tenant operates under an absolute NNN lease structure, providing zero landlord responsibilities and a fully passive ownership profile. The lease runs through March 31, 2035, includes CPI-based rent increases every five years, and provides six (6) additional five-year renewal options, offering up to 39 years of potential term and long-term income protection. The property benefits from approximately ±195 feet of frontage and exceptional visibility along a corridor carrying ±25,000 vehicles per day. Its position on a signalized corner with dedicated turn lanes and full ingress/egress from both directions ensures superior accessibility and strong customer flow. Combined with its location on a main retail corridor and adjacency to UF Health Jacksonville, the site offers outstanding real estate fundamentals and long-term tenant durability.