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Wendy’s Drive-Through Restaurant
For Sale
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6601 Mahan Dr, Tallahassee, FL 32308

Brand-new triple-net lease with no landlord responsibilities and scheduled annual rent adjustments.

Property Size2,389 SF
Lot Size1.28 Acres
Days on Market145

Property Features for 6601 Mahan Dr

General Information

Standard status Active
Size 2,389 SF
Lot size 1.28 Acres
Property subtype Retail
Listing Agency: SURMOUNT
Listed By: Glen Kunofsky · License #NY 49KU1129178
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 7:32AM

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 SURMOUNT

Investment Insights

Based on property information with market context.

The Wendy’s property at 6601 Mahan Drive includes a 2,389-square-foot restaurant building on approximately 1.28 acres. Following the close of escrow, the tenant will enter into a brand-new 20-year triple-net lease with no landlord responsibilities. The lease provides for rental adjustments beginning in Year 3, calculated as the lesser of the change in CPI or 1.25% annually.

Six additional five-year renewal options extend beyond the initial term. Lease obligations will be supported by a guaranty from Meritage Hospitality Group, identified as a 337+ unit operator and the second-largest franchisee in the Wendy’s system. The property is located in Tallahassee, Florida, at 6601 Mahan Drive.

Key Highlights

  • 2,389 square feet of restaurant building space
  • Approximately 1.28 acres
  • Brand‑new 20‑year triple‑net lease

Property Analytics

Current Use

Wendy's Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Auto Repair Shop Hair Salon Nail Salon

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

104
Businesses Nearby
114k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 47% Groceries 34% Home Improvements & Furnishings 12% Dining 7%
Publix Groceries
38,749 visits/mo 0.2 miles
Circle K Shops & Services
28,440 visits/mo 0.4 miles
Shell Shops & Services
24,777 visits/mo 0.1 miles
Tractor Supply Co. Home Improvements & Furnishings
13,953 visits/mo 0.1 miles
Waffle House Dining
5,046 visits/mo 0.4 miles

Demographics for 32308, FL

23,355
Population
11,838
Households
2
Avg Household Size
43
Median Age
56%
College-Educated
97%
High-School Grad
15.8 sq mi
ZIP Area
1,478
Density / Sq Mi
$73,125
Median Household Income
$46,786
Median Earnings
$1,327
Median Rent
$291,800
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 - Brand-new triple-net lease with no landlord responsibilities and scheduled annual rent adjustments.
Where is this drive through restaurant located?
The property is located at 6601 Mahan Dr Tallahassee, FL.
What are key features of this property?
This property features: 2,389 square feet of restaurant building space; Approximately 1.28 acres; Brand‑new 20‑year triple‑net lease
(332) 345-4222 Call to check price and availability
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