Just Closed! Wendy’s 20 Year NNN Lease in Tampa, Florida

Just Closed! Wendy’s 20 Year NNN Lease in Tampa, Florida

Investment Highlights:

■ Brand New Construction Wendy’s with Expected Opening
Date in March 2020
■ 2,668 Square Foot Restaurant with Drive Thru Situated on a
Large 1.11 Acre Parcel of Land
■ Strong Guarantee from 210 Unit Operating Company
■ Ideally positioned down the street from King High School
with 1,788 Students Enrolled
■ Traffic Counts in Excess of 45,000 Vehicles Per Day
■ Five Mile Population Exceeds 233,000 People
■ Florida Has No State Income Tax

Investment Overview:

Marcus & Millichap is pleased to present for sale this Wendy’s
located at 6925 North 56th Street in Tampa, Florida. Tampa is
a booming city on Tampa Bay along Florida’s Gulf Coast. It is a
major Business center and is well known for its museums and
many cultural offerings as well as world-famous Busch Gardens.
With a population of over 392,890 Residents, Tampa is the third
largest city in the state of Florida.
This Wendy’s is only minutes from several major Luxury Apartment
complexes including The Park at Ravenna Apartments, Rivertree
Landing Apartments and River View Apartments. It is also in
close proximity to the Hillsborough River and The Hillsborough
River State Park with over 2,990 acres that attract thousands for
picnicking, camping, canoeing, fishing and hiking. Also minutes
from this Wendy’s is King High School with over 960 Students
and 58 Faculty members.
Wendy’s Company (NASDAQ:WEN) is the world’s third largest
quick-service hamburger chain with over 6,500 Franchises and
Company Restaurants in the U.S. as well as in 29 Countries
around the world.

 

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