Wendys Ground Lease
Single-Tenant Offerings
Wendys Ground Lease
Victory Crossing Drive & Curley Road
Wesley Chapel (Tampa MSA), FL
- Price:
- $2,747,000
- Cap Rate:
- 4.55%
- NOI:
- $125,000
- Rentable SQFT:
- 2,228 SF
- Year Built:
- 2025
- Lot Size:
- 0.85 +/- Acres
- Lease Type:
- Absolute NNN Ground Lease
- Status:
- Available
Investment Highlights
- 15-Year Absolute NNN Ground Lease with 10% Increases Every 5 Years
- Corporate Guaranty, Third-Largest Hamburger Chain in the U.S. with 7,000+ Restaurants Globally
- Wendy’s Has Reported 14 Consecutive Years of Same-Store Sales Growth
- Average Unit-Level Sales of $2.1 Million for Wendy’s, Equates to a 5.9% Rent-to-Sales Ratio at This Location
- Significant Capital Investment by Tenant to Build Modern Wendy’s Prototype Design
- Serving Over 72,000 Residents in Rapidly Growing Tampa Suburb
- Surrounded by Several Residential Developments, 14,300 New Homes Planned/Approved Within 3.5 Miles
- Pasco County is One of the Fastest-Growing Counties in the U.S.
- Surrounded by Affluent Communities, Average Household Income of $117,000+ Within 3 Miles
- Situated at the Entrance to 576 New Luxury Apartments and 111 New Upscale Townhomes
- In the Heart of Epperson, a $100+ Million Master-Planned Community with 4,500+ Residences
- Just South of Mirada, a New 2,000-Acre Master-Planned Community with 6,700+ Residences
- Across from High-Volume Publix Anchored Center and Adjacent to a New Chick-fil-A, Starbucks, Circle K, and More
- Easy Access to I-75 with 94,500 Cars/Day, the Major North/South Highway in Florida
- 2.5 Miles to New $300 Million Johns Hopkins All Children’s Hospital Campus on 112 Acres Opening 2027
- Close Proximity to Several K-12 Schools with 9,000+ Students
- Minutes to 143-Acre Wesley Chapel Regional Sports Park, Attracting Thousands of Visitors Annually
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