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Wendy’s – Frontage on 41 (44,000 VPD) 4114 Tamiami Trl N 2,729 SF Retail Building Naples, FL 34103 $2,514,285 ($921.32/SF) 5.25% Cap Rate
INVESTMENT HIGHLIGHTS
- 20 YEAR ABSOLUTE NET LEASE WITH ZERO LANDLORD RESPONSIBILITIES
- HIGH-TRAFFIC RETAIL CORRIDOR ALONG NORTH TAMIAMI TRAIL (U.S. 41)
- ESTABLISHED WENDY’S PROTOTYPE WITH LONG-TERM OPERATING HISTORY
- CONTRACTUAL 10% RENT INCREASES EVERY 5 YEARS + FOUR RENEWAL OPTIONS
- DENSE, AFFLUENT COASTAL DEMOGRAPHICS
- STRONG FRANCHISEE OPERATOR WITH REGIONAL SCALE
PROPERTY FACTS
AMENITIES
- Bus Line
- Freeway Visibility
- Pylon Sign
- Signage
- Drive Thru
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Accommodation and Food Services
- -
- -
- Oct 2039
Wendy's® was founded in 1969 by Dave Thomas in Columbus, Ohio. Dave built his business on the premise, “Quality is Wendy's Recipe®,” which remains the guidepost of the Wendy’s system. Wendy’s is best known for its made-to-order square hamburgers, using fresh, never frozen beef, freshly-prepared salads, and other signature items like chili, baked potatoes and the Frosty® dessert. The Wendy’s Company is committed to doing the right thing and making a positive difference in the lives of others. This is most visible through the Company’s support of the Dave Thomas Foundation for Adoption® and its signature Wendy’s Wonderful Kids® program, which seeks to find every child in the North American foster care system a loving, forever home. Today, Wendy’s and its franchisees employ hundreds of thousands of people worldwide with a vision of becoming the world’s most thriving and beloved restaurant brand.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Accommodation and Food Services | - | - | Oct 2039 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 61943920008 | Improvements Assessment | $249,029 |
| Land Assessment | $1,957,500 | Total Assessment | $2,206,529 |
PROPERTY TAXES
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Wendy’s – Frontage on 41 (44,000 VPD) | 4114 Tamiami Trl N
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