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Wendy’s NNN Property
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3601 W Hillsborough Ave, Tampa, FL 33614

Freestanding restaurant property leased under an absolute NNN structure with tenant-paid maintenance responsibilities.

Property Size3,437 SF
Lot Size1.10 Acres
Days on Market131

Property Features for 3601 W Hillsborough Ave

General Information

Standard status Active
Size 3,437 SF
Lot size 1.10 Acres
Property subtype Retail
Net Operating Income $155,073

Additional Details

Cap Rate 5.18%
Traffic Count 65,794 vehicles/day
Listing Agency: Elite International Realty
Listed By: Daniel Ickowicz · License #BK 3123790
Source: Crexi
Added: Apr 24 Changed: Aug 31 Last Checked: Aug 30 at 10:06PM

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 Elite International Realty

Investment Insights

Based on property information with market context.

Wendy’s operates from a 3,437-square-foot restaurant building situated on 1.1 acres at 3601 W Hillsborough Ave in Tampa, Florida. The property is subject to an absolute NNN lease, with the tenant responsible for maintenance and other property obligations.

The lease has a 20-year term, more than 13 years remaining, and additional extension options. Lease support is provided by 916 Florida Ops, LLC. W Hillsborough Ave records 65,794 traffic counts, providing a documented transportation exposure for the site.

Key Highlights

  • 3,437 SF restaurant building on 1.1 acres
  • Absolute NNN lease places maintenance responsibility with the tenant
  • 20‑year lease term with over 13 years remaining

Property Analytics

Current Use

Ultimate Auto Repair Auto Repair Shop Transmissions Unlimited Auto Repair Shop Wendy's Restaurant Precision Lube & Auto ... Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Parking Lot & Garage Dental Office Garden Center (Bike/Boat/Book/etc) Store

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

Lease Details

65,794 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

855
Businesses Nearby
137k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 51% Groceries 28% Dining 21% Hotels & Casinos 1%
Walmart Neighborhood Market Groceries
38,039 visits/mo 0.1 miles
Murphy USA Shops & Services
17,638 visits/mo 0.1 miles
Dollar Tree Shops & Services
16,694 visits/mo 0.5 miles
Wendy's Dining
15,262 visits/mo 0.0 miles
Pollo Tropical Dining
12,949 visits/mo 0.3 miles

Demographics for 33614, FL

47,695
Population
19,660
Households
2.4
Avg Household Size
39
Median Age
23%
College-Educated
78%
High-School Grad
9.7 sq mi
ZIP Area
4,917
Density / Sq Mi
$51,143
Median Household Income
$31,350
Median Earnings
$1,399
Median Rent
$295,700
Median Home Value

Market

Vacancy Rate% for Retail in Tampa, FL

6.3% 2019
6.3% 2020
5.3% 2021
4.3% 2022
4% 2023
3.8% 2024
4.7% 2025
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Freestanding restaurant property leased under an absolute NNN structure with tenant-paid maintenance responsibilities.
Where is this nnn property located?
The property is located at 3601 W Hillsborough Ave Tampa, FL.
What are key features of this property?
This property features: 3,437 SF restaurant building on 1.1 acres; Absolute NNN lease places maintenance responsibility with the tenant; 20‑year lease term with over 13 years remaining
More about this property
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