Wendy's Fast-Food
For Sale
$8,171,427
606 10th St E, Palmetto, FL 34221
Single Wendy's fast-food restaurant offered for sale with a franchise operator providing a personal guaranty on the lease.
Property Size2,695 SF
Price / SF$3,032
Days on Market51
Property Features for 606 10th St E
General Information
Standard status
Active
Size
2,695 SF
Property subtype
Restaurant
Lease Type
NNN
Additional Details
Cap Rate
5.25%
Amenities
3-Unit Wendy's Portfolio in Strong Florida Markets
80+ Unit Operator with Additional Strong Personal Guaranty
Tax Free State with 13+ Years on the Leases
Very Strong Demographics in Dense Infill Locations
Building Details
Building Size
2,695 SF
Listing Agency:
Marcus & Millichap - Fort Lauderdale
Listed By:
Alan Lipsky · License #License(s): FL: SL3279054
(954) 245-3595
Source:
Marcusmillichap
Added: Jul 17
Changed: Aug 26
Last Checked: Sep 5 at 4:07AM
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 - Fort Lauderdale
Investment Insights
Based on property information with market context.
This offering is for a Wendy's fast-food restaurant. Wendy's is known for burgers and a menu that includes chicken sandwiches, salads, and breakfast items, with a focus on made-to-order food prepared with fresh ingredients.
The property is located at 606 10th St E, Palmetto, FL 34221.
The restaurant is operated by Quality Food Restaurant Management (QFRM), an experienced Wendy's franchisee that operates over 75 locations across Florida and Indiana. The remarks also note QFRM recently sold a 100-unit Dunkin' portfolio while retaining its Wendy's holdings, and that the lease includes a personal guaranty provided by the operator.
The property is located at 606 10th St E, Palmetto, FL 34221.
The restaurant is operated by Quality Food Restaurant Management (QFRM), an experienced Wendy's franchisee that operates over 75 locations across Florida and Indiana. The remarks also note QFRM recently sold a 100-unit Dunkin' portfolio while retaining its Wendy's holdings, and that the lease includes a personal guaranty provided by the operator.
Key Highlights
- Single Wendy’s fast‑food restaurant for sale with a franchise operator providing a personal guaranty on the lease
- Franchisee operator QFRM has experience operating over 75 Wendy’s locations across Florida and Indiana
- QFRM recently sold a 100‑unit Dunkin’ portfolio while retaining its Wendy’s holdings
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,142
Businesses Nearby
187k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 60%
Groceries 25%
Dining 10%
Home Improvements & Furnishings 5%
Publix
Groceries
46,233 visits/mo
0.3 miles
Circle K
Shops & Services
30,401 visits/mo
0.5 miles
Dollar Tree
Shops & Services
15,199 visits/mo
0.2 miles
7-Eleven
Shops & Services
13,974 visits/mo
0.4 miles
Checkers
Dining
11,530 visits/mo
0.2 miles
Demographics for 34221, FL
48,082
Population
24,812
Households
1.9
Avg Household Size
45
Median Age
28%
College-Educated
91%
High-School Grad
53.9 sq mi
ZIP Area
892
Density / Sq Mi
$74,314
Median Household Income
$40,072
Median Earnings
$1,459
Median Rent
$298,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Single Wendy's fast-food restaurant offered for sale with a franchise operator providing a personal guaranty on the lease.
Where is this conventional restaurant located?
The property is located at 606 10th St E Palmetto, FL.
What is the asking price?
The asking price for this property is $8,171,427.
What are key features of this property?
This property features: Single Wendy’s fast‑food restaurant for sale with a franchise operator providing a personal guaranty on the lease; Franchisee operator QFRM has experience operating over 75 Wendy’s locations across Florida and Indiana; QFRM recently sold a 100‑unit Dunkin’ portfolio while retaining its Wendy’s holdings
