Wendy's 2660 Davie Rd 3,453 SF Retail Building Davie, FL 33317 $2,850,000 ($825.37/SF) 4.76% Cap Rate

Solid Investments is pleased to offer for sale a rare Corporate Wendy’s Absolute NNN Ground Lease located in Davie (Ft. Lauderdale), Florida. The lease is guaranteed by Wendy’s Parent Company and has 5.7± years remaining with 10% rent increases every 5-years.
The building is a modern Wendy’s prototype totaling 3,453± SF on 1.50± acres. The site offers strong visibility along Davie Road (SW 64th Avenue), which carries more than 40,000± vehicles per day, just south of Interstate 595.
The property sits adjacent to the South Florida Education Center — a multi-institution higher-education campus that includes Broward College, Nova Southeastern University, FAU’s Davie campus, the University of Florida Davie campus, McFatter Technical College, and more.
The area draws tens of thousands of students, faculty, and staff, and is surrounded by dense student housing and multifamily communities, with a population of 12,014 within 1-mile, and more than 376,000 within 5-miles with an Average Household Income of almost $110,000. This trade area benefits from consistent daily traffic from both local residents and commuters.
Wendy’s (NASDAQ: WEN) is the world’s third-largest quick-service hamburger chain, operating 7,300+ restaurants worldwide, supported by strong brand recognition and a proven corporate guarantee.