Restaurant

Wendy's

5420 Manatee Ave W, Bradenton, FL 34209

Listing Price: $2,647,059

Cap Rate
5.10%
Tenant Name
Wendy's
Years Remaining On Lease
19.00
Guarantor
Franchisee Guarantee
Rentable SF
2,823
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$47.82

Investment Overview

The subject investment property is situated along Manatee Avenue West. Manatee Avenue West boasts average daily traffic counts of approximately 41,000 vehicles. There are more than 37,000 individuals residing within a three-mile radius of the property and more than 149,000 individuals within a five-mile radius. The subject property benefits from being well-positioned in a highly dense retail corridor in a suburb of Sarasota, Florida. The surrounding area brings in almost 3 million tourists annually who come to enjoy the world class beaches as well as arts, culture, eco adventures, and family attractions. This Wendy’s is ideally situated in a corridor consisting of national and local tenants, shopping centers, and hospitality accommodations all within close proximity of this property. Major national tenants include: Walgreens, Publix, Winn Dixie, Bealls, Dollar Tree, Starbucks Taco Bell, 7-Eleven, Subway, Dunkin’ Donuts, and many more. Additionally, several hospitality accommodations are within immediate proximity to the subject investment property. These include: Courtyard by Marriott, Hampton Inn & Suites, and more. Manatee Memorial Hospital, a general hospital and surgical center with 319-staffed beds, is situated three-miles from the property. Additionally, the subject investment property is approximately ten miles away from Sarasota-Bradenton International Airport which had a passenger count of 1,700,000 in 2018.

Investment Highlights

  • 20-Year Triple Net Lease with Zero Landlord Responsibilities
  • Attractive Rental Increases | 10.00% Every Five Years
  • Four Tenant Renewal Periods of Five Years Each

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Listing Price: $2,647,059

Cap Rate
5.10%
Tenant Name
Wendy's
Years Remaining On Lease
19.00
Guarantor
Franchisee Guarantee
Rentable SF
2,823
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$47.82

Investment Highlights

  • 20-Year Triple Net Lease with Zero Landlord Responsibilities
  • Attractive Rental Increases | 10.00% Every Five Years
  • Four Tenant Renewal Periods of Five Years Each

Investment Overview

The subject investment property is situated along Manatee Avenue West. Manatee Avenue West boasts average daily traffic counts of approximately 41,000 vehicles. There are more than 37,000 individuals residing within a three-mile radius of the property and more than 149,000 individuals within a five-mile radius. The subject property benefits from being well-positioned in a highly dense retail corridor in a suburb of Sarasota, Florida. The surrounding area brings in almost 3 million tourists annually who come to enjoy the world class beaches as well as arts, culture, eco adventures, and family attractions. This Wendy’s is ideally situated in a corridor consisting of national and local tenants, shopping centers, and hospitality accommodations all within close proximity of this property. Major national tenants include: Walgreens, Publix, Winn Dixie, Bealls, Dollar Tree, Starbucks Taco Bell, 7-Eleven, Subway, Dunkin’ Donuts, and many more. Additionally, several hospitality accommodations are within immediate proximity to the subject investment property. These include: Courtyard by Marriott, Hampton Inn & Suites, and more. Manatee Memorial Hospital, a general hospital and surgical center with 319-staffed beds, is situated three-miles from the property. Additionally, the subject investment property is approximately ten miles away from Sarasota-Bradenton International Airport which had a passenger count of 1,700,000 in 2018.

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

MM Texture Background
MM Textured Background Lower