3880 Flagg Ln - Fast Food FOR SALE
Lake Mary, FL 32746 |
$3,763,440 USD
858-222-3333
3880 Flagg Ln
Lake Mary, FL 32746
HIGHLIGHTS
- A truly passive investment, with the tenant covering all expenses, including property taxes, insurance, repairs and maintenance.
- This well-established Wendy’s location has been operating successfully for over a decade, delivering strong performance since its opening in 2014.
- Featuring over 14 years remaining on the lease term, ensuring a hands-off income stream for many years to come.
- 10% rental increases every five years provides consistent rent growth and ensuring long-term investment value growth for investors.
- E-Commerce and Recession-Resistant Tenant
- Tenant is a well-established and successful operator with 32 years of experience operating Wendy’s locations, currently managing 46 restaurants.
FOR SALE DETAILS
PRICE
$3,763,440 USD
PRICE/SF
$1,336 USD /SF
CAP RATE
4.65%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Wendy's - Prime Location | Secure Long-Term
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2014
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.04 AC
LAND SF
45,302 SF
ZONING
Retail Commercial (C2)
APN/PARCEL ID
18-20-30-510-0000-0020
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
858-222-3333
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
858-222-3333
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
