3880 Flagg Ln | Lake Mary, FL 32746
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3880 Flagg Ln
Lake Mary, FL 32746
Wendy's - Prime Location | Secure Long-Term · Retail Property For Sale
Investment Highlights
- A truly passive investment, with the tenant covering all expenses, including property taxes, insurance, repairs and maintenance.
- Featuring over 14 years remaining on the lease term, ensuring a hands-off income stream for many years to come.
- E-Commerce and Recession-Resistant Tenant
- This well-established Wendy’s location has been operating successfully for over a decade, delivering strong performance since its opening in 2014.
- 10% rental increases every five years provides consistent rent growth and ensuring long-term investment value growth for investors.
- Tenant is a well-established and successful operator with 32 years of experience operating Wendy’s locations, currently managing 46 restaurants.
Property Facts
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,408 SF
Building Class
B
Year Built/Renovated
1992/2014
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.04 AC
Zoning
C-2 - Retail Commercial
Amenities
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 18-20-30-510-0000-0020 | Improvements Assessment | $592,981 |
| Land Assessment | $750,760 | Total Assessment | $1,343,741 |
Property Taxes
Parcel Number
18-20-30-510-0000-0020
Land Assessment
$750,760
Improvements Assessment
$592,981
Total Assessment
$1,343,741
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