4521 Macey Ln - Fast Food FOR SALE
Lake Wales, FL 33859 |
$2,040,000 USD
305-359-5207
4521 Macey Ln
Lake Wales, FL 33859
HIGHLIGHTS
- Absolute NNN Lease – Zero landlord responsibilities, making it a great investment opportunity for a passive investor.
- Strong Corporate Guarantee – The subject property is currently operated and guaranteed by Wendy’s corporate.
- Hard Signalized Intersection – The subject property is located at the hard signalized intersection of US Hwy 27 which sees ±40,500 vehicles per day.
- Large Parcel – The property is situated on a ±1.03-acre lot, offering ample space for potential future development.
- Attractive Rental Increase – The option periods include an appealing 10% rental increase upon each renewal.
- Strong Retail Synergy – The subject property is located approximately ±1.3 miles from Eagle Ridge Mall .
FOR SALE DETAILS
PRICE
$2,040,000 USD
PRICE/SF
$655 USD /SF
CAP RATE
6.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
WENDY'S
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2002
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
16-29-27-864750-000010
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305-359-5207
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305-359-5207
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