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Wendy's - Punta Gorda FL 9301 Knights Dr

2,697 SF Retail Building Punta Gorda, FL 33950 £2,225,458 (£825/SF) 5% Net Initial Yield

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Investment Highlights

Walmart Supercenter Presence | Off Interstate 75 (66,200 VPD) | Strong Tenant Synergy

Signalized, Hard Corner Intersection | Hotel Presence |Multiple Points of Access | Excellent Visibility

Executive Summary

1.50% ANNUAL RENT INCREASES | $106,400 AHHI (1-MILE) | SIGNALIZED, HARD CORNER LOCATION

Punta Gorda FL - Wendy's

Property Facts

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Fast Food

Building Size

2,697 SF

Building Class

Year Built

1987

Price

£2,225,458

Price Per SF

£825

Net Initial Yield

NOI

£111,288

Tenancy

Single

Number of Floors

Building FAR

0.05

Land Acres

1.33 AC

Zoning

C - Commercial

Parking

45 Spaces (16.69 Spaces per 1,000 SF Leased)

Frontage

70 ft on Jones Loop Rd

Amenities

Pylon Sign

Signage

Drive Thru

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PROPERTY TAXES

Parcel Number	412321426002	Improvements Assessment	£236,679
Land Assessment	£583,548	Total Assessment	£820,227

PROPERTY TAXES

Parcel Number

412321426002

Land Assessment

£583,548

Improvements Assessment

£236,679

Total Assessment

£820,227

Power Broker Patrick Nutt
William Wamble
Connor Barton
SRS Real Estate Partners

(954) 302-7365

Listing ID: 32571358
Date on Market: 24/07/2024
Last Updated:
Address: 9301 Knights Dr, Punta Gorda, FL 33950

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