Listed by SURMOUNT
$2,782,609
Wendy's
Details
Property Type Retail
Sub Type Restaurant - quick service
Square Footage 2,972
Cap Rate 5.75%
NOI $160,000
Occupancy 100%
Tenancy Single
Brand/Tenant Wendy's
Lease Type NNN
Lease Term 20
Remaining Term 20
Rent Bumps Yes
Lease Options 6, 5-Year Options
Year Built 1998
Year Renovated 2025
Acreage 0.910
Investment Type Sale/Leaseback
Tenant Credit Franchisee
Ground Lease No
Ownership Fee Simple
Sale Condition Sale for leaseback
About This Property
Marketing description
Surmount is pleased to present the exclusive listing for a Wendy's located at 4453 Southside Blvd, Jacksonville, FL 32216. The site consists of roughly 2,972 rentable square feet of building space on an estimated 0.91-acre parcel of land. This Wendy's is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $160,000 and has scheduled increases of cpi or 1.50% annually.
Investment highlights
- Brand-New 20-Year Triple Net (NNN) Lease | The property is subject to a new 20-year NNN lease that requires no landlord responsibilities, providing investors with a stable, passive income stream and long-term security.
- Scheduled Annual Rent Increases | The lease includes annual rent increases tied to CPI, not to exceed 1.50%, offering a reliable hedge against inflation and consistent growth in rental income.
- Strong National Tenant – Wendy’s | Wendy’s is one of the largest quick-service restaurant brands in the world, operating over 7,000 locations globally and recognized for its strong brand equity and consistent financial performance.
- Premier Jacksonville Retail Corridor | Located along Southside Boulevard, one of Jacksonville’s most heavily traveled thoroughfares with an average daily traffic count exceeding 50,000 vehicles, ensuring high visibility and steady customer traffic.
- Located Along Southside Boulevard with 50,000+ Vehicles Daily | The property is ideally positioned on a highly trafficked retail corridor that connects to major Jacksonville destinations, providing excellent exposure and accessibility.
- Part of Tapestry Park – Premier Mixed-Use Destination | The site is located within the dynamic Tapestry Park area, home to hotels, restaurants, and national retailers, offering strong built-in demand from surrounding commercial and residential developments.
- Surrounded by High-End Retail and Hospitality | Nearby anchors such as Aloft Jacksonville Tapestry Park, Hotel Indigo, and Terra Gaucha Brazilian Steakhouse contribute to steady daytime and evening traffic.
- Dense and Affluent Consumer Base | The immediate trade area combines dense residential neighborhoods with strong income demographics, ensuring long-term retail sustainability.
Listing Contacts
Listed by SURMOUNT
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$160,000.00
$13,333.33/mo
Valuation Metrics
0
DSCR
5.75%
Cap Rate
5.75%
ROI
Map
Zoning
PUD PlannedPlanned Unit Development
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View all 1 uses
View all 1 uses Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics
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