Wendy's| $1,650,000| 5.00% CAP
» 20 YEAR ABSOLUTE NET LEASE WITH ZERO LANDLORD RESPONSIBILITIES:
The Lease Is Structured On An Absolute-Net Basis With 14 Years Remaining On The Initial Term
» CONTRACTUAL 10% RENT INCREASES EVERY 5 YEARS + FOUR RENEWAL OPTIONS:
Built-In 10% Rent Escalations Every Five Years Through The Base Term And Four 5-Year Options Drive Over 77% NOI Growth Over The Full Lease Lifecycle
» 1-ACRE PARCEL WITH DRIVE-THRU EQUIPPED WENDY’S PROTOTYPE: Built In 2004 On A Full Acre, The 2,752 SF Building Features Drive-Thru Infrastructure And Ample Parking, Supporting Long-Term Operational Viability
» OPERATED BY EXPERIENCED 80+ UNIT WENDY’S FRANCHISEE: Lease Is Guaranteed By QFRM Holdings LLC, A Florida-Based Franchisee Led By Tim Cloe, Operating Approximately 80+ Wendy’s Locations Across The Gulf Coast
» POSITIONED ALONG COCHRAN BOULEVARD RETAIL CORRIDOR: High-Visibility Site Located Near Major Retail Anchors, Medical Offices, And Residential Communities With Direct Access To U.S. 41 (Tamiami Trail)
» STRONG SURROUNDING DEMOGRAPHICS WITH 100K+ POPULATION IN 5-MILE RADIUS: Over 100,000 Residents Within 5 Miles, Along With Stable Year-Round and Seasonal Population; Local Household Incomes Exceed $76,000 In The Surrounding Area
» PORT CHARLOTTE—EXPANDING SOUTHWEST FLORIDA MARKET: Located In Charlotte County, Port Charlotte Is Experiencing Steady Growth Fueled By Affordable Housing, Gulf Coast Access, And Infrastructure Expansion
» FLORIDA’S INCOME-TAX-FREE, PRO-GROWTH INVESTMENT CLIMATE: The Asset Is Located In A No-State-Income-Tax Jurisdiction With A Pro-Business Environment, Making It An Attractive Long- Term Investment Destination
