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29106879
29107671

10050 W Sample Rd, Coral Springs, FL 33065

JZ
FL SL3595288
Vero Capital Group
MT
FL SL3418448
Vero Capital Group
CM
FL BK3404499
Vero Capital Group
Listed by Vero Capital Group
$2,460,252
149 days on market
Updated 70 days ago

Wendy's | Abs NNN | Coral Springs, FL

Details
APN 484121010000
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 2,420
Net Rentable (SqFt) 2,420
Cap Rate 4.75%
NOI $116,863
Occupancy 100%
Tenancy Single
Brand/Tenant Wendy's
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 10/31/2034
Remaining Term 8.4
Rent Bumps Yes
Lease Options 4, 5-Year Options
Price per SqFt $1,017
Broker Co-Op Yes
Year Built 1981
Year Renovated 1986
Buildings 1
Acreage 0.840
Zoning B-2
Investment Type Stabilized
Tenant Credit Franchisee
Lease Commencement 10/23/2014
Occupancy Date 10/23/2014
Ownership Fee Simple

1.75% Annual Rent Increases | Absolute NNN | Strong Traffic Corridor

Marketing description

Vero Capital Group is pleased to offer the opportunity to acquire a single-tenant Wendy’s located at 10050 West Sample Road in Coral Springs, Florida 33065. This freestanding, operating restaurant sits along a well-traveled stretch of West Sample Road, giving it strong visibility, steady traffic, and solid regional demographics supported by ongoing population growth in the surrounding area.

Wendy’s has operated at this location since 2014, reflecting a stable track record and an established customer base. With 8 years and 10 months remaining on the lease, which runs through October 2034, the property offers reliable income backed by a national credit tenant. The lease includes annual rental increases of 1.75%, providing built-in income growth for long-term investors.

Investment highlights

ESTABLISHED TENANT WITH LONG-TERM COMMITMENT

Wendy’s has operated at this location since 2014, demonstrating long-standing performance and brand presence in the market. With over 8 years remaining on the current lease, which runs through October 2034, the property offers reliable income stability backed by a nationally recognized tenant.

ATTRACTIVE ANNUAL RENT INCREASES

The lease includes annual rental increases of 1.75%, providing steady income growth throughout the remaining term.

ABSOLUTE NNN LEASE

The lease is structured as an absolute triple-net (NNN) agreement, with zero landlord responsibilities for maintenance, repairs, taxes, or insurance.

STRONG TRAFFIC COUNTS

Located near the signalized intersection of West Sample Road and NW 101st Avenue, the property benefits from excellent visibility and access, with traffic counts of approximately 33,000 vehicles per day on West Sample Road and an additional 5,000 vehicles per day on NW 101st Avenue. This combined exposure of more than 38,000 vehicles per day positions the site as a high-demand retail location.

DENSE RETAIL CORRIDOR AND STRONG TRADE AREA

The property sits within one of Coral Springs’ most active commercial corridors, surrounded by a wide mix of national and regional retailers that help drive steady daily traffic. Nearby tenants include Publix, Walmart Neighborhood Market, CVS, Walgreens, Starbucks, McDonald’s, Taco Bell, and multiple neighborhood shopping centers that draw consistent consumer activity. The area features strong household density, solid incomes, and a stable residential base, creating a reliable customer pool for the store. This combination of established retail, steady population growth, and complementary food and service operators enhances the long-term viability of the location.

Listing Contacts

JZ
FL SL3595288
Vero Capital Group
MT
FL SL3418448
Vero Capital Group
CM
FL BK3404499
Vero Capital Group
Listed by Vero Capital Group

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$116,863.00
$9,738.58/mo

Valuation Metrics

0
DSCR
4.75%
Cap Rate
4.75%
ROI

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Additional Information

Name
Jarett Zackman
License
SL3595288
Brokerage
Vero Capital Group
Brokerage Phone
9172327868
Title
FL
Name
Michael Talbert
License
SL3418448
Name
Charles Moody
License
BK3404499
Brokerage
Vero Capital Group
Brokerage Phone
7725391153
Title
Real Estate Broker
Brokerage Address
601 North Congress Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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