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$ 2,240,175
$ 2,409,200 7.0%
Est. payment | /mo
2,531 SqFt
$ 2,240,175
$ 2,409,200 7.0%
Est. payment | /mo
2,531 SqFt
Key Details
Sold Price $2,240,175
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 2,531 sqft
Price per Sqft $885
MLS Listing ID A11745168
Sold Date 07/07/25
HOA Y/N No
Contingent Pending Inspections
Lot Size 1.440 Acres
Property Sub-Type Retail
Property Description
Unique opportunity to acquire an absolute NNN, single-tenant investment property. This Wendy's has successfully operated at this high-traffic corner location since 2018 and has 13.5 years remaining, with four (4) five-year renewal options. The lease features rent increases every 5 years, ensuring long-term income growth. Strategically positioned, the property is near the exit to I-295, ensuring accessibility and offering high visibility and exposure to strong daily traffic counts. The surrounding area has a diverse mix of retail, service, and established residential neighborhoods, providing a built-in and growing customer base. Stable, passive-income asset backed by one of the nation's leading quick-service restaurant brands. With a long-term lease, minimal landlord responsibilities,
Location
State FL
County Duval
Area 5940 Florida Other
Exterior
Private Pool Yes
Others
Tax ID 012599-0100
Financing Cash
Listed by Great Properties International LLC
Bought with MAR NON MLS MEMBER
Bought with MAR NON MLS MEMBER
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