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Wendy's NNN Lease Investment Opportunity
For Sale
Contact for pricing
Pending

551015 US-1, Hilliard, FL 32046

Long-term Wendy's NNN lease with rent escalation and new development.

Property SizeContact for details
Days on Market157

Property Features for 551015 US-1

General Information

Standard status Pending
Property subtype Retail
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease

Building Details

Tenancy Single
Listing Agency: Marcus & Millichap
Listed By: Roee Ben-Moshe · License #BK3248800
Source: Crexi
Added: Mar 24 Changed: Aug 27 Last Checked: Aug 25 at 11:14PM

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

Investment Insights

Based on property information with market context.

This property presents an investment opportunity with a Wendy's operating under a long-term absolute net (NNN) lease in Hilliard, FL. The tenant has demonstrated commitment to the location with an early lease extension. The site has a 25-year operating history and includes built-in rent escalation in 2027. The property is located in an area with ongoing development, with 577 homes currently under construction. The absolute NNN lease structure provides a passive investment with zero landlord responsibilities.

Key Highlights

  • Long‑Term Absolute Net (NNN) Lease: enjoy a fully passive investment.
  • Strong Tenant with Early Lease Extension: demonstrates commitment and income stability.
  • Built‑in Rent Escalation in 2027: offers potential for increased returns.

Property Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Auto Parts Store Grocery & Convenience Store Auto Repair Shop Butcher Pharmacy Restaurant

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

43
Businesses Nearby
30k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 60% Dining 40%
Winn-Dixie Groceries
18,119 visits/mo 0.1 miles
Wendy's Dining
12,282 visits/mo 0.0 miles

Demographics for 32046, FL

9,626
Population
4,060
Households
2.4
Avg Household Size
40
Median Age
13%
College-Educated
89%
High-School Grad
196.6 sq mi
ZIP Area
49
Density / Sq Mi
$71,750
Median Household Income
$38,287
Median Earnings
$809
Median Rent
$214,600
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
Rey
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Long-term Wendy's NNN lease with rent escalation and new development.
Where is this drive through restaurant located?
The property is located at 551015 US-1 Hilliard, FL.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Long‑Term Absolute Net (NNN) Lease: enjoy a fully passive investment.; Strong Tenant with Early Lease Extension: demonstrates commitment and income stability.; Built‑in Rent Escalation in 2027: offers potential for increased returns.
More about this property
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