WENDY'S | 4521 Macey Ln
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WENDY'S 4521 Macey Ln
3,114 SF Retail Building Lake Wales, FL 33859 $2,040,000 ($655/SF) 6.25% Cap Rate
Investment Highlights
- Absolute NNN Lease – Zero landlord responsibilities, making it a great investment opportunity for a passive investor.
- Hard Signalized Intersection – The subject property is located at the hard signalized intersection of US Hwy 27 which sees ±40,500 vehicles per day.
- Attractive Rental Increase – The option periods include an appealing 10% rental increase upon each renewal.
- Strong Corporate Guarantee – The subject property is currently operated and guaranteed by Wendy’s corporate.
- Large Parcel – The property is situated on a ±1.03-acre lot, offering ample space for potential future development.
- Strong Retail Synergy – The subject property is located approximately ±1.3 miles from Eagle Ridge Mall .
Executive Summary
Kyle Matthews
License No. CQ1066435 (FL)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
License No. CQ1066435 (FL)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,114 SF
Building Class
C
Year Built
2002
Price
$2,040,000
Price Per SF
$655
Cap Rate
6.25%
NOI
$127,500
Tenancy
Single
Building Height
1 Story
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 27-29-16-864750-000010 | Improvements Assessment | $385,110 |
Land Assessment | $439,082 | Total Assessment | $824,192 |
PROPERTY TAXES
Parcel Number
27-29-16-864750-000010
Land Assessment
$439,082
Improvements Assessment
$385,110
Total Assessment
$824,192
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WENDY'S | 4521 Macey Ln
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