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Wendy's 4600 S State Road 7

2,212 SF Retail Building Davie, FL 33314 £2,674,034 (£1,209/SF) 4.75% Net Initial Yield

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Investment Highlights

Long Term Lease
Zero Management Responsibilities
Strategic Retail Location

Attractive Rent Increases
Corporate Operator
High Traffic Counts

Executive Summary

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a single tenant Wendy’s Investment Property located at 4600 S State Road 7 (US Route 441) in Fort Lauderdale, Florida (the “Property”). Wendy’s has been at this location since 2019 and has 14+ years remaining on their triple-net lease with four (4), 5-year renewal options. The lease calls for attractive rent increases every five years throughout the primary lease term and at the start of each renewal option. Wendy’s is situated in an excellent location along S State Road 7 (US Route 441), the area’s primary commercial corridor. The Property enjoys outstanding frontage and visibility and is seconds from the New Town Commerce Center, a large business park that is home to hundreds of businesses, the Seminole Hard Rock Hotel & Casino, area colleges and densely developed residential neighborhoods that provide a built-in customer base. The Property enjoys convenient access to Florida Turnpike, Interstates 95 and 595, US Route 1, FL Routes 818, 84, and 822, and the Fort Lauderdale-Hollywood International Airport.