WENDY'S | $2,223,529 | 4.25% CAP
The Deltondo Group and Marcus & Millichap are pleased to present for sale Wendy's a single-tenant property located at 2200 West State Road 434, Orlando (Longwood), Florida 32779.
The subject property is comprised of 3,053 square feet, built-in 1994 and renovated in 2017. The building sits on a large 1.42 acre located with frontage on West State Road 434 which oversees ±53,000 vehicles per day.
The Wendy’s Company (NASDAQ: WEN) is the world’s third-largest quick-service hamburger company. Founded in 1969, Wendy’s system includes more than 6,800 franchise and Company
Restaurants across the United State and 29 countries worldwide. As of 2021, Wendy’s is the #2 hamburger chain in the United States by sales behind McDonald’s. Wendy’s system sales increased by 4.8% last year to $10.2 billion, while Burger King sales dropped by 5.4% to $9.6 billion. The Company achieved its two highest quarterly Global same-restaurant sales results in over 15 years, while also launching their highly successful breakfast menu. Wendy’s reported global sales of $11.339 Million, up from $1.709 Billion in 2019, and continued to exhibit robust growth with 147
restaurants opened in 2020.
Wendy’s on West State Road 434 is operated by Continental Food Management, LLC a 44-unit operator with locations across Florida and California.