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Wendy's 8205 Bella Mar Trl 2,300 SF Retail Building Parrish, FL 34221 $2,211,000 ($961.30/SF) 4.75% Cap Rate
Executive Summary
• The tenant recently signed a brand new 15-year ground lease with 3 (5-year) options to extend
• 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, growing NOI and hedging against inflation
• New construction which will feature high quality materials, distinct design elements, and high-level finishes
• Wendy’s and its franchisees employ hundreds of thousands of people across over 7,000 restaurants worldwide with a vision of becoming the world’s most thriving and beloved restaurant brand
• The franchisee is an experienced operator who currently operates approximately 80 Wendy’s locations as well as multiple other QSR brands
• The franchisee recently sold a 100-unit Dunkin’ portfolio while still retaining his Wendy’s units, proving their commitment to growing the Wendy’s brand
• 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, growing NOI and hedging against inflation
• New construction which will feature high quality materials, distinct design elements, and high-level finishes
• Wendy’s and its franchisees employ hundreds of thousands of people across over 7,000 restaurants worldwide with a vision of becoming the world’s most thriving and beloved restaurant brand
• The franchisee is an experienced operator who currently operates approximately 80 Wendy’s locations as well as multiple other QSR brands
• The franchisee recently sold a 100-unit Dunkin’ portfolio while still retaining his Wendy’s units, proving their commitment to growing the Wendy’s brand
Property Facts
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,300 SF
Building Class
C
Year Built
2026
Construction Status
Under Construction
Price
$2,211,000
Price Per SF
$961.30
Cap Rate
4.75%
NOI
$105,023
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.38 AC
Zoning
C - Commercial
Parking
35 Spaces (15.22 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Restaurant
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 6509-0205-9 | Improvements Assessment | $0 |
| Land Assessment | $6,805,818 | Total Assessment | $6,805,818 |
Property Taxes
Parcel Number
6509-0205-9
Land Assessment
$6,805,818
Improvements Assessment
$0
Total Assessment
$6,805,818
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Wendy's | 8205 Bella Mar Trl
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