Wendy’s

• High Restaurant Sales: The Wendy’s has demonstrated consistent sales growth over the past three years, highlighting the strength of the location and continued demand within the surrounding trade area. Contact the listing agent for additional sales information.
• Large Operator Guarantee: The property benefits from a NNN lease backed by Meritage Hospitality Group, a publicly traded company and one of the largest Wendy’s franchise operators nationally, with more than 350 locations.
• Successful Operating History: Established at this location since 2005, this Wendy’s has successfully maintained a 20-year operating history. The property has also benefited from recent exterior renovations completed in 2022.
• Strong Retail Synergy: The subject property is located near Zaxby’s, Hardee’s, KFC, Waffle House, Verizon, Advance Auto Parts, McDonald’s, Taco Bell, Burger King, Dollar General, Tractor Supply, CVS Pharmacy, Walgreens, and several others.
• Signalized Intersection: This Wendy’s is located at a signalized intersection on South 6th Street (14,000 VPD), directly off Interstate 10 (39,000 VPD). This property is located approximately 30-min away from downtown Jacksonville, Florida.
• Rapidly Growing Population: The property benefits from a rapidly growing surrounding population, with the 1-mile radius experiencing 17.84% population growth since 2020.
• Nearby Significant Developments: The property is strategically positioned near several major residential developments, including a 2,000+ acre LaBuena Farms planned development between U.S. 90 and Interstate 10. The project is expected to introduce thousands of new homes, along with several commercial and industrial projects. Cypress Bend, a new single-family residential community, is another new development located less than two miles from the Wendy’s, further supporting future population growth in the immediate area.