Wendy's Restaurant in Satellite
395 E EAU GALLIE BLVD, Melbourne, FL 32937
Freestanding Wendy's with over 12 years remaining on lease.
Type:Retail
Property size:
2,398 SFPrice / SF:
$824/SF- Added:
- May 11, 2026
- Days on Market:
- 18
- Last Refresh:
- May 14 at 9:30 pm
Property Features for 395 E EAU GALLIE BLVD
General Information
- Standard status
- Active
- Size
- 2,398 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1977
Listing agent Hank Wolfer License #WA 110547
Listing office Marcus & Millichap - Seattle
Listing date May 11, 2026
Source Crexi
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 - Seattle
HighLights
- Absolute NNN lease with over 12 years remaining, providing passive income.
- Lease guaranteed by a regional franchisee (916 Foods) with a strong operational presence.
- Scheduled 26% rent increase in 2028, enhancing investment return.
- Located on a high‑traffic thoroughfare (Eau Gallie Blvd) with over 23,000 vehicles per day.
- Strategic location near major retailers driving customer traffic.
- Situated in Satellite Beach, Florida, a stable economy driven by aerospace, defense, and tourism.
Overview
The Wendy’s property, located in Satellite Beach, Florida on East Eau Gallie Boulevard, was constructed in 1977 and remodeled in 2019. The property has over 12 years remaining on an Absolute NNN lease, guaranteed by a regional franchisee, 916 Foods, which operates 27 stores in Florida and an additional 57 stores in Texas. Situated along a busy east-west thoroughfare (Eau Gallie Blvd), the location benefits from high traffic, with over 23,000 vehicles per day. Other retailers in the immediate area include Publix, Walmart, Michael’s, Ross, and Bealls. The lease includes a scheduled 26% rent increase in 2028. Satellite Beach is a coastal city in Brevard County with a stable, high-skilled economy driven largely by aerospace, defense, and professional services, complemented by neighborhood-scale retail and tourism-oriented activity. The area’s economy is closely tied to the broader Space Coast aerospace and defense corridor. Key drivers include Patrick Space Force Base, which is the largest local employer, along with major contractors such as Northrop Grumman and Collins Aerospace. NASA's Kennedy Space Center further strengthens the regional economy and provides high-wage technical employment. The property size is 2398 square feet.
Location Intelligence
Current Use by Public Records
Wendy's
Restaurant
Location Insight
- Map
- Local Demand
- City
- Melbourne
- County
- Brevard
- State
- Florida
- Longitude
- -80.5948153
- Latitude
- 28.1380633
Nearby Similar for Sale
FAQs
What type of property is this?
Drive through restaurant - Freestanding Wendy's with over 12 years remaining on lease.
Where is this drive through restaurant located?
The property is located at 395 E EAU GALLIE BLVD Melbourne, FL.
What is the asking price?
The asking price for this property is $1,977,000.
What are key features of this property?
This property features: Absolute NNN lease with over 12 years remaining, providing passive income.; Lease guaranteed by a regional franchisee (916 Foods) with a strong operational presence.; Scheduled 26% rent increase in 2028, enhancing investment return.
