4453 Southside Blvd - Fast Food FOR SALE


Jacksonville, FL 32216- Deerwood
$3,140,000 USD
310-750-7175
4453 Southside Blvd, Jacksonville, FL for Sale
$3,140,000 USD
Fast Food - FOR SALE
1/4
null | 5.1% Cap Rate

4453 Southside Blvd
Jacksonville, FL 32216
Deerwood


HIGHLIGHTS

  • 20-Year absolute NNN lease with annual increases (CPI, not to exceed 1.50%)
  • Largest Wendy’s operator guaranty on lease (Meritage Hospitality, 388 units)
  • 25+ year tenant history at location, seasoned Wendy’s site since 1998
  • Prime frontage to major corridor Southside Blvd (51,000+ VPD)
  • Across the street from Publix and corner entrance outparcel to Cinemark, neighboring outparcels include McDonald’s, Chick-fil-A
  • Major commute corridor with strong office and multifamily presence

OVERVIEW

Century Partners Real Estate Inc. is pleased to offer the opportunity to acquire a single-tenant Wendy's drive-thru located in Jacksonville, FLorida. This offering features a seasoned Wendy’s location operating since 1998, backed by a 20-year absolute NNN lease with CPI-based annual rent escalations (capped at 1.5%). The lease is guaranteed by Meritage Hospitality Group, the largest Wendy’s franchisee with ±388 units across 16 states. Wendy’s itself boasts a global footprint of ±7,500 locations. Strategically located on Southside Blvd with over 51,000 vehicles per day, the property has operated for over 25 years as a Wendy's. It sits across from Publix and at the entrance to a Cinemark-anchored shopping center. Directly adjacent tenants include McDonald’s and Chick-fil-A, proving out the desirability of the site and contribute to strong cross-traffic and consumer draw. The area serves as a major commuter corridor with significant office and multifamily density, ensuring long-term viability and foot traffic. This asset presents a stable, long-duration net lease investment with a high-credit operator in a premier retail corridor.

FOR SALE DETAILS

PRICE

$3,140,000 USD

PRICE/SF

$1,057 USD /SF

CAP RATE

5.1%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wendy's - Southside Blvd - 20-Yr Absolute NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,640 SF

ZONING

CCG-1,Duval

APN/PARCEL ID

146036-1085

ASK ABOUT THIS PROPERTY

Kyle GulockCentury Partners Real Estate Inc.More Info
310-750-7175

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Kyle GulockCentury Partners Real Estate Inc.More Info
310-750-7175

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.