Wendy's - Net Lease Property for Sale
Avon Park, FL
Key Investment Metrics
Price
$2,331,400
Cap Rate
4.8%
Net Operating Income
$110,744
Building Size
2761 SF
Lot Size
2,761 SF
Land Area
1 Acres
Remaining Term
17.9 years
Lease Expiration
11/11/2043
Lease Term
30.0 years
Lease Commencement
11/12/2013
Lease Type
Absolute NNN
Tenant Credit
Credit Rated, Corporate Guarantee
Year Built
1982
Occupancy
100%
Tenancy
Single
Rent Increases
1.5% Annual Increases
About This Wendy's Net Lease Property
This Wendy's NNN (triple net lease) property is located in Avon Park, FL and represents an excellent investment opportunity for commercial real estate investors. The property features 2761 square feet of building space and was built in 1982.
With a cap rate of 4.8%, this Wendy's net lease property offers stable income potential. The asking price is $2,331,400, making it an attractive option for 1031 exchange investors seeking quality Wendy's commercial properties.
Why Invest in Wendy's NNN Properties?
- Stable Income: Wendy's net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Wendy's is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Avon Park, FL Market Overview
Located in Avon Park, FL, this Wendy's property benefits from strong local demographics and market fundamentals. The Avon Park area offers excellent visibility and accessibility, making it an ideal location for Wendy's operations and a solid investment for net lease property buyers.