1218 State Highway 434 | Winter Springs, FL 32708
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- LoopNet Team
1218 State Highway 434
Winter Springs, FL 32708
Wendy's · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- LONG-TERM ABSOLUTE NNN LEASE WITH STRONG GUARANTOR: The property is secured by a 20-year absolute NNN lease with 16 years remaining
- HIGH-TRAFFIC LOCATION IN SEMINOLE COUNTY: Strategically positioned on State Road 434, the site benefits from dense residential developments
- STRONG TENANT – WENDY’S CONTINUES TO EXPAND: Wendy’s (NASDAQ: WEN) operates over 7,000 locations worldwide, with 6,000 U.S. locations
- ATTRACTIVE RENTAL GROWTH & RENEWAL OPTIONS: The lease includes 7.5% rent increases every 5 years, with four (4) five-year renewal options
- PROXIMITY TO ORLANDO MSA: Winter Springs is part of the Orlando-Kissimmee-Sanford MSA, one of the fastest-growing metro areas in the U.S.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,163 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.59 AC
Zoning
BU-1 - Business Use
Parking
20 Spaces (9.25 Spaces per 1,000 SF Leased)
Frontage
36’ on East Florida 434
AMENITIES
- Drive Thru
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 06-21-31-507-0000-0020 | Improvements Assessment | $579,065 |
| Land Assessment | $770,340 | Total Assessment | $1,349,405 |
PROPERTY TAXES
Parcel Number
06-21-31-507-0000-0020
Land Assessment
$770,340
Improvements Assessment
$579,065
Total Assessment
$1,349,405
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