Wendy's | New High-Performing FL Relocation Store
Above System AUV Sales | Naples - Marco Island,FL MSA
Marketing description
CBRE is pleased to present the exclusive listing for the Wendy’s located at 830 N. 15th Street in Immokalee, Florida. The property includes a 1,495‑square‑foot building situated on 0.71 acres. It will be subject to a new 20‑year ground lease featuring four (4) additional five‑year renewal options. The initial annual base rent will be $125,000, beginning in Year 1. The lease provides for 10% rental escalations every five years throughout both the base term and the renewal option periods.
The subject property benefits from being within walking distance of several academic institutions that collectively serve nearly 7,000 students. This includes approximately 1,400 students at the nearby middle school, 2,055 students at the high school, and an additional ~3,500 students across the adjacent technical college and elementary school. This dense daytime population generates consistent foot traffic and supports strong demand for quick‑service restaurant operators in the immediate area.
Investment highlights
- Experienced Multi-Unit Guarantor/Operator Across Varying Concepts in QSR Sector, including 47±Wendy’s Locations, Jimmy John’s, Buffalo Wild Wings & Del Taco restaurants
- New Relocation Store replacing Historically Successful Unit in the Subject Market
- High-Performing Location — Sales Exceeding Benchmark AUV showcasing location’s strong market presence, customer loyalty, & long-term operating viability (contact Listing Agents for details)
- Guarantor/Operator Reinforced Commitment to Wendy’s Operation after Exiting Dunkin’ Portfolio of Over 100 Units & Retaining Wendy’s Locations
- Tenant to Pay and Maintain All Aspects of the Property (Ground Lease) – No Landlord Obligations
- Attractive 10.00% Rental Increases Every 5 Years including Options
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