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Freestanding Wendy’s Restaurant For Sale

15236 Max Leggett Pkwy, Jacksonville, FL 32218

For Sale
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Pending

Freestanding Wendy’s restaurant on 1.015-acre parcel in Jacksonville, Florida.

Property Size3,106 SF
Lot Size1.02 Acres
Days on Market272

Property Features for 15236 Max Leggett Pkwy

General Information

Standard status Pending
Size 3,106 SF
Lot size 1.02 Acres
Property subtype Retail
Occupancy 100%
Lease Type Absolute Net
Net Operating Income $144,062

Site & Location

Neighborhood First Coast Center

Building Details

Year Built 2014
Buildings 1
Stories 1
Tenancy Single
Listing Agency: Marcus & Millichap
Listed By: Roee Ben-Moshe · License FL BK3248800
Source: Crexi
Added: Feb 13 Changed: Aug 8 Last Checked: Aug 8 at 6:40AM

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 Marcus & Millichap

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Investment Insights

Based on property information with market context.

This freestanding Wendy’s restaurant is operated by Meritage Hospitality Group, one of the nation’s largest Wendy’s franchisees with over 375 units. The property is located on a ±1.015-acre parcel at a signalized intersection along Max Leggett Parkway, a primary commercial corridor in Jacksonville, Florida. It is situated directly across from the UF Health Jacksonville campus. Constructed in 2014, the ±3,106-square-foot building features a modern Wendy’s prototype with an efficient drive-thru layout and ample parking. The tenant operates under an absolute NNN lease structure, providing zero landlord responsibilities. The lease runs through March 31, 2035, and includes CPI-based rent increases every five years. It also provides six additional five-year renewal options, offering up to 39 years of potential term. The property benefits from approximately ±195 feet of frontage and visibility along a corridor carrying ±25,000 vehicles per day. Its position on a signalized corner with dedicated turn lanes and full ingress/egress from both directions ensures accessibility and customer flow. The site offers real estate fundamentals and tenant durability due to its location on a main retail corridor and adjacency to UF Health Jacksonville.

Key Highlights

  • Absolute NNN lease offers a fully passive ownership profile.
  • Lease through March 2035, with CPI‑based rent increases every five years and six (6) renewal options.
  • Freestanding Wendy’s restaurant operated by Meritage Hospitality Group.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Wendy's Restaurant

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Parking Lot & Garage Plumbing Service Kitchen & Bath Showroom

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

872
Businesses Nearby
549k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 51% Superstores 27% Shops & Services 13% Groceries 4%
Walmart Superstores
148,093 visits/mo 0.5 miles
Chick-fil-A Dining
67,010 visits/mo 0.4 miles
Hobby Lobby Shops & Services
37,594 visits/mo 0.0 miles
McDonald's Dining
33,371 visits/mo 0.3 miles
Aldi Groceries
21,997 visits/mo 0.1 miles

Demographics for 32218, FL

67,040
Population
27,895
Households
2.4
Avg Household Size
37
Median Age
26%
College-Educated
90%
High-School Grad
96.7 sq mi
ZIP Area
693
Density / Sq Mi
$68,363
Median Household Income
$37,322
Median Earnings
$1,416
Median Rent
$260,300
Median Home Value
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Market

Vacancy Rate% for Retail in Jacksonville, FL

6.3% 2019
7.5% 2020
5.6% 2021
5.5% 2022
5.8% 2023
5.8% 2024
6.6% 2025

Frequently Asked Questions

What type of property is this?
Drive through restaurant - Freestanding Wendy’s restaurant on 1.015-acre parcel in Jacksonville, Florida.
Where is this drive through restaurant located?
The property is located at 15236 Max Leggett Pkwy Jacksonville, FL.
What is the asking price?
The asking price for this property is $2,401,042.
What are key features of this property?
This property features: Absolute NNN lease offers a fully passive ownership profile.; Lease through March 2035, with CPI‑based rent increases every five years and six (6) renewal options.; Freestanding Wendy’s restaurant operated by Meritage Hospitality Group.
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