1409 NE Jensen Beach Blvd., Jensen Beach, FL, 34957
Sold
Property Highlights
Zero landlord responsibilities! Tenant covers roof, structure, etc.
Property Details
Price:
$2,722,097.55
Property Type:
Investment, Restaurant
Availability:
Sold
Transaction Type:
Sold
Cap Rate:
4.9%
Building Size:
3,218 SF
Lot Size:
0.65 AC
Property Sub Type:
QSR
Sale Type:
Absolute NNN
Lease Term:
16 years
Year Built:
1980
Tenancy:
Single Tenant
Year Renovated:
2020
Property Description
Wendy’s Franchise Absolute NNN Lease
Exceptional investment opportunity of a Wendy’s franchise located in the seaside community of Jensen Beach. With 16 years remaining on the lease and an attractive 7.5% rent increase every 5 years, this opportunity promises both stability and substantial growth potential.
As a Wendy’s franchise, this business boasts a renowned brand name and globally recognized for its great quality and delectable menu. With a dedicated customer base and an extensive history of success, this Wendy’s location is poised to continue its upward trajectory, offering a solid foundation for future growth and profitability.
Situated in the heart of Jensen Beach, this Wendy’s enjoys unparalleled visibility and accessibility, benefiting from a high-traffic area surrounded by bustling residential neighborhoods, commercial centers, and it’s quaint Downtown area.
