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Wendy's 10050 W Sample Rd 2,420 SF Retail Building Coral Springs, FL 33065 $3,413,354 CAD ($1,410.48 CAD/SF) 4.75% Cap Rate



INVESTMENT HIGHLIGHTS
- ESTABLISHED TENANT WITH LONG-TERM COMMITMENT
- ABSOLUTE NNN LEASE
- DENSE RETAIL CORRIDOR AND STRONG TRADE AREA
- ATTRACTIVE ANNUAL RENT INCREASES
- STRONG TRAFFIC COUNTS
EXECUTIVE SUMMARY
Vero Capital Group is pleased to offer the opportunity to acquire a singletenant
Wendy’s located at 10050 West Sample Road in Coral Springs, Florida
33065. This freestanding, operating restaurant sits along a well-traveled stretch
of West Sample Road, giving it strong visibility, steady traffic, and solid regional
demographics supported by ongoing population growth in the surrounding
area.
Wendy’s has operated at this location since 2014, reflecting a stable track record
and an established customer base. With 8 years and 10 months remaining on
the lease, which runs through October 2034, the property offers reliable income
backed by a national credit tenant. The lease includes annual rental increases
of 1.75%, providing built-in income growth for long-term investors.
Wendy’s located at 10050 West Sample Road in Coral Springs, Florida
33065. This freestanding, operating restaurant sits along a well-traveled stretch
of West Sample Road, giving it strong visibility, steady traffic, and solid regional
demographics supported by ongoing population growth in the surrounding
area.
Wendy’s has operated at this location since 2014, reflecting a stable track record
and an established customer base. With 8 years and 10 months remaining on
the lease, which runs through October 2034, the property offers reliable income
backed by a national credit tenant. The lease includes annual rental increases
of 1.75%, providing built-in income growth for long-term investors.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,420 SF
Building Class
C
Year Built
1982
Price
$3,413,354 CAD
Price Per SF
$1,410.48 CAD
Cap Rate
4.75%
NOI
$162,134 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.84 AC
Zoning
B-2 - Community Business District
Parking
35 Spaces (7.64 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Dedicated Turn Lane
- Signalized Intersection
Walk Score®
Very Walkable (77)
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 48-41-21-13-0020 | Improvements Assessment | $742,148 CAD |
| Land Assessment | $675,983 CAD | Total Assessment | $1,418,131 CAD |
PROPERTY TAXES
Parcel Number
48-41-21-13-0020
Land Assessment
$675,983 CAD
Improvements Assessment
$742,148 CAD
Total Assessment
$1,418,131 CAD
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Wendy's | 10050 W Sample Rd
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