$2,514,285 USD
949-419-3267
4114 Tamiami Trl N
Naples, FL 34103
Moorings Park-Hawks Ridge
HIGHLIGHTS
- 20 YEAR ABSOLUTE NET LEASE WITH ZERO LANDLORD RESPONSIBILITIES
- CONTRACTUAL 10% RENT INCREASES EVERY 5 YEARS + FOUR RENEWAL OPTIONS
- HIGH-TRAFFIC RETAIL CORRIDOR ALONG NORTH TAMIAMI TRAIL (U.S. 41)
- DENSE, AFFLUENT COASTAL DEMOGRAPHICS
- ESTABLISHED WENDY’S PROTOTYPE WITH LONG-TERM OPERATING HISTORY
- STRONG FRANCHISEE OPERATOR WITH REGIONAL SCALE
FOR SALE DETAILS
PRICE
$2,514,285 USD
PRICE/SF
$921 USD /SF
CAP RATE
5.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Wendy’s – Frontage on 41 (44,000 VPD)
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1980
SPRINKLERS
-
PARKING SPACES
42
LAND DETAILS
LAND ACRES
0.9 AC
LAND SF
39,204 SF
ZONING
C-4
APN/PARCEL ID
61943920008
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
949-419-3267
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
949-419-3267
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
