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Wendy's Ground Lease Victory Crossing Drive & Curley Road 2,228 SF Retail Building Wesley Chapel, FL 33545 $3,834,592 CAD ($1,721.09 CAD/SF) 4.55% Cap Rate
INVESTMENT HIGHLIGHTS
- 15-Year Absolute NNN Ground Lease with 10% Increases Every 5 Years
- Wendy’s Has Reported 14 Consecutive Years of Same-Store Sales Growth
- Significant Capital Investment by Tenant to Build Modern Wendy’s Prototype Design
- Corporate Guaranty, Third-Largest Hamburger Chain in the U.S. with 7,000+ Restaurants Globally
- Average Unit-Level Sales of $2.1 Million for Wendy’s, Equates to a 5.9% Rent-to-Sales Ratio at This Location
- Serving Over 72,000 Residents in Rapidly Growing Tampa Suburb
PROPERTY FACTS
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
2,228 SF
Building Class
C
Year Built
2026
Construction Status
Under Construction
Price
$3,834,592 CAD
Price Per SF
$1,721.09 CAD
Cap Rate
4.55%
NOI
$174,490 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
3.83 AC
Zoning
MPUD - Master Planned Unit Development
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 35-25-20-0090-00000-0A30 | Improvements Assessment | $0 CAD |
| Land Assessment | $1,931,477 CAD | Total Assessment | $1,931,477 CAD |
PROPERTY TAXES
Parcel Number
35-25-20-0090-00000-0A30
Land Assessment
$1,931,477 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,931,477 CAD
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Wendy's Ground Lease | Victory Crossing Drive & Curley Road
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