Orlando, FL - Wendy's 1575 Berwick Drive, Campionsgate, FL Cap Rate 4.6% Kissimmee ( Florida, US ) Built

$3,402,608 USD
Dollars

BAI-MEX Bienes Raíces y Negocios

  • Type: Commercial
  • Style: Commercial
  • Size: 3,531 sq. ft.
  • Development Level: Built
  • Lot Size: 1.02 acres
  • Year Built: 2015

Description

Orlando, FL - Wendy's 1575 Berwick Drive, Campionsgate, FL Cap Rate 4.6%

Cap Rate: 4.6%
NOI: $156,520
Building Size: 3,531 sqft
Lot Area: 1.02 acres
Occupancy: 100%
Year Built: 2015

Price: $3,402,608 USD

15 Years Remaining | Rare 7.5% Rental Increases | JAE Restaurant Group | Franchisee Guaranteed
• The lease is franchisee guaranteed by JAE Restaurant Group, LLC, nationally recognized, and an established Wendy’s franchisee with over 210+ locations
• Approximately 15 years remaining in their initial term with 4 (5-year) options to extend, demonstrating their long-term commitment to the site
• The lease features 7.5% rental increases every 5 years throughout the initial term and at the beginning of each option period, generating NOI and hedging against inflation
Absolute NNN Lease | Fee Simple Ownership | Zero Landlord Responsibilities
• Tenant pays for CAM, taxes, insurance and maintains all aspects of the premises
• No landlord responsibilities
• Ideal, management-free investment in a state with no income tax
Champions Gate | Exceptional Underlying Real Estate
• Wendy’s is strategically positioned at the entrance of Champions Gate, Orlando’s premiere tourist and commercial destination that encompasses over 1,500 acres located southwest of The Walt Disney resort
• This master planned community will boast over 5,000 homes, 54 holes of golf, multiple resorts, an elementary school, and much more
• Excellent long-term viability in the underlying real estate with replaceable rental rate

Located Along Champions Gate Boulevard | Interstate 4 | Dual Drive-Thru Lanes | Excellent Visibility & Access
• Wendy’s is located along Champions Gate Boulevard, a major retail and commuter thoroughfare averaging 22,500 vehicles passing by daily
• This site is directly off of Interstate 4 (131,000 VPD), increasing consumer draw from east/west commuters
• Wendy’s is complete with a dual drive-thru lane, providing ease and convenience for customers
• Restaurants with drive-thrus typically generate 60-70% of restaurant sales, mitigating the impact of COVID-19
• The asset is equipped with a large pylon sign, creating excellent visibility along Champions Gate Boulevard and Interstate 4
Dense Retail Corridor | Champions Gate Village | Strong National/Credit Tenants
• The property is directly across from Champions Gate Village, the development’s retail center anchored by Publix, and includes other national/credit tenants such as Walgreens, 7-Eleven, PNC Bank, Circle K, and much more
• Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure for Wendy’s
Strong Demographics In 5-mile Trade Area
• More than 40,000 residents and 13,520 employees support the trade area
• $78,815 average household income

For more information:
Javier Tamez Martínez.
jtamez@bai-mex.com
Celular: +52 (81) 1599 75 36
Podemos encontrar propiedades comerciales e industriales para invertir en cualquier ciudad y estado de estados unidos.

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Information is deemed to be correct but not guaranteed.