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12135 LEM TURNER RD Jacksonville FL 32218-2303

[Locked] • APN 019964-0800

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Details
Property Type Retail
Sub Type QSR/Fast Food
Building SqFt 3,327
Lot SqFt 56,591
Acreage ******
Number of Units 3
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code PUD
Year Built 2002
Building Count 1
Opportunity Zone No
Lease Type ******
Remaining Term ******
Lease Expiration ******

Property History

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Property Type
Property Type
Retail
Property Subtype
QSR/Fast Food
Investment Highlights
  • Absolute NNN Wendy’s with No Landlord Maintenance: Absolute NNN Wendy’s Situated at a Signalized Intersection on a Highly Trafficked Section of Lem Turner Road (15,000 Vehicles Per Day (VPD)) Just Off Interstate 295 (70,000 VPD) in Jacksonville, FL

  • Brand New 20+ Year Lease with Fixed Rent Increases: Wendy’s Has Operated at this Location for Several Decades and Recently Extended Its Lease for Over 20-Years with 10% Rent Increases Every 5-Years Making This an Ideal Passive Investment

  • Upcoming Remodel, Elevated Rent Until Remodel Starts: This Unit Will Be Completely Remodeled (Expected 2026 Representing a +/- $700,000 Building Investment) - Purchaser Will Receive Elevated Rent of $14,973 per Month Until Remodel Commencement

  • Located on a Home Depot Outparcel Across from Walmart: Highly Favorable Location as an Outparcel to a Busy Home Depot and Immediately Across the Street from a Walmart Super Center with Full Grocery Store Providing Enhanced Retail Synergies

  • Elite Lease Guarantee from Meritage Hospitality Group: Lease Guaranteed by Meritage Hospitality Group, One of the Largest Wendy’s Franchisees Nationally with Over 12,000 Employees and 380+ Locations in 16 States

  • Located in Jacksonville, Florida’s Largest City: About 15 Minutes from Downtown Jacksonville w/ Over 79,000 People Living Within a 5-Mile Radius and a Huge Population Increase of Nearly 13% Projected Within 1-Mile Between 2024 and 2029

Sale Date
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Sold Price
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Buyer Borrower 1 Name
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Mortgage Recording Date
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Mortgage Maturity Date
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Mortgage Term
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Document Number
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Document Type
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Mortgage Interest Rate
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Mortgage Loan Type
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Mortgage Lender Name
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Loan Amount
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Mortgage Document Number
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Recording Book
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Recording Page
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Sales Price Code
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Seller 1 Name
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Sold By
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Sold To
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Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Zoning

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PUD PlannedPlanned Unit Development
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Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics

Property Details

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Contacts

Listing removed on
 BY:
CP
Christopher Pappas PRO
•••.•••.1419
•••••••••••.••ppas@•••••••••••••••.com
Brokerage logo
Listing removed on
 BY:
MC
Michael A Cardone PRO
•••.•••.1491
•••••••.•••done@•••••••••••••••.com
Brokerage logo

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