Wendy's NNN Property For Sale — Jacksonville, FL · 3,381 SF
Jacksonville, FL
This Wendy's NNN (triple net lease) property, located in Jacksonville, FL, offers an excellent investment opportunity. Comprising 3381 square feet of building space, the property boasts a 5.1% cap rate, ensuring stable income potential. The asking price is $2,352,500, making it an attractive option for investors seeking quality commercial properties, including those engaged in 1031 exchanges. Wendy's is a nationally recognized brand with proven operational success, providing predictable cash flow with minimal landlord responsibilities. The Triple Net Lease structure means the tenant handles property taxes, insurance, and maintenance, further reducing landlord obligations. The Jacksonville location benefits from strong local demographics and market fundamentals, offering excellent visibili…
- Address: Jacksonville, FL
- Asking price $2.35M
- 5.10% cap rate
- NOI $120,000
- 20.7 years remaining
- NNN lease
- Building size: 3,381 SF
- Lot size: 1.30 acres
- Lease expiration: Aug 30, 2046
- Rent increases: 10% Every 5-Years
- Guarantor: Corporate
Location
This Wendy's property is in Jacksonville, Florida.
Asset type: QSR/Fast Food