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Wendy's NNN Ground Lease
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12035 US-301, Parrish, FL 34219

Single-tenant Wendy's NNN ground lease in Parrish, Florida.

Property Size2,024 SF
Price / SF$1,284
Days on Market139

Property Features for 12035 US-301

General Information

Standard status Active
Size 2,024 SF
Class A
Total Parking Spaces 29
Property subtype Retail
Zoning PD-C
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $130,000

Building Details

Year Built 2025
Buildings 1
Stories 1
Tenancy Single
Listing Agency: SRS Real Estate Partners Tampa
Listed By: Patrick Nutt · License #BK3120739
Source: Crexi
Added: Mar 27 Changed: Aug 8 Last Checked: Aug 11 at 3:58PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners Tampa

Investment Insights

Based on property information with market context.

This single-tenant property is a Wendy’s restaurant located at 12035 US 301 N, Parrish, Florida. The property is a newly constructed building with a 15-year absolute NNN ground lease with Wendy’s. The location is at a signalized, hard corner intersection within a mixed-use development. The lease includes three 5-year options to extend. The Wendy’s is operated by an experienced franchisee with over 80 units and a growth strategy. The property size is 2024 square feet.

Key Highlights

  • Absolute NNN ground lease offers zero landlord responsibilities.
  • Brand new 15‑year lease with Wendy's, a globally recognized brand.
  • Located at a signalized, hard corner intersection in a thriving mixed‑use development.

Property Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Auto Repair Shop Hair Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

234
Businesses Nearby

Demographics for 34219, FL

27,212
Population
12,570
Households
2.2
Avg Household Size
46
Median Age
40%
College-Educated
98%
High-School Grad
210.6 sq mi
ZIP Area
129
Density / Sq Mi
$104,258
Median Household Income
$53,293
Median Earnings
$1,836
Median Rent
$420,400
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Single-tenant Wendy's NNN ground lease in Parrish, Florida.
Where is this drive through restaurant located?
The property is located at 12035 US-301 Parrish, FL.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Absolute NNN ground lease offers zero landlord responsibilities.; Brand new 15‑year lease with Wendy's, a globally recognized brand.; Located at a signalized, hard corner intersection in a thriving mixed‑use development.
More about this property
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