Wendy's NNN Property For Sale — St. Petersburg, FL
4840 Park St N, St. Petersburg, FL 33709
This absolute NNN corporate-guaranteed Wendy's is located at 4840 Park Street N in St. Petersburg, Florida, within the Tampa MSA. The property features a 2,640 square-foot freestanding building with a drive-thru, situated on a spacious 0.81-acre parcel. It is strategically positioned at a signalized intersection, serving as an outparcel to a Kohl’s + Sephora-anchored shopping center, which also includes Ross Dress for Less and Total Wine. This prime location offers exceptional visibility and access, benefiting from exposure to over 29,000 vehicles per day on Park Street North and proximity to US Highway 19, which sees more than 45,000 vehicles daily. The surrounding area boasts a robust mix of national and regional retailers, including Target, Steak ‘n Shake, Verizon, Truist, Publix, Aspe…
- Address: 4840 Park St N, St. Petersburg, FL 33709
- Asking price $1.40M
- 4.62% cap rate
- NOI $64,680
- 0.3 years remaining
- NNN lease
- Year built: 2012
- Building size: 2,640 SF
- Lot size: 0.81 acres
- Lease expiration: Jun 30, 2026
- Rent increases: 10% every 5 years
- Guarantor: Corporate
Location
This Wendy's property is at 4840 Park St N in St. Petersburg, Florida.
Asset type: Restaurant