Wendy’s
Bartow, Florida
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NNN Pro Group is pleased to present the exclusive listing for a Wendy’s located at 1520 N Broadway Ave in Bartow, Florida. The site consists of roughly 2,346 rentable square feet of building space on estimated 0.68-acre parcel of land. This Wendy’s is subject to a 20-year absolute triple-net (NNN) lease, which commences at the close of escrow. The current annual rent is $151,200 and is scheduled to increase by 10% every 5 years throughout the base term and in each of the 6, 5-year renewal options.
✓ Brand New 20-Year Sale Leaseback
✓ Triple Net (NNN) Lease with Zero Landlord Responsibilities
✓ Attractive Rental Increases | 10%/ 5 Years
✓ Six (6) Tenant Renewal Periods of Five (5) Years Each