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Punta Gorda, FL - Wendy's

$2,817,000

9301 Knights Dr, Punta Gorda, FL 33950

Active
Last Updated: 07/26/2024

5

Cap Rate

140,869

NOI

Details:
Cap Rate:    5%
NOI:    $140,869
Building Size:    2,697 sqft
Description:

• 18+ years remaining with 4 (5-year) option periods to extend
• The lease features 1.50% annual rental increases and includes 4 (5-year) options to extend
• Franchisee guaranteed by a reputable operator with over 50 units

• The subject property is located directly across from a Walmart Supercenter as well as an ALDI
• Wendy’s is positioned directly off Interstate 75 (66,200 VPD) providing direct on and off ramp access
• National credit tenants in the immediate trade include McDonald’s, ALDI, Walmart, Wawa, The Home Depot, Publix Supermarket, and more

Map:
Location
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