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Wendy's Restaurant Ground Lease
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830 N 15th St, Immokalee, FL 34142

Wendy's in Immokalee, Florida, subject to a new 20-year lease.

Property Size1,495 SF
Lot Size0.71 Acres
Price / SF$1,672
Days on Market137

Property Features for 830 N 15th St

General Information

Standard status Active
Size 1,495 SF
Class A
Lot size 0.71 Acres
Property subtype Retail
Zoning Commercial
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $125,000

Building Details

Year Built 2025
Tenancy Single
Listing Agency: CBRE - Orlando
Listed By: Andrew Jaworski · License #Sl3405473
Source: Crexi
Added: Mar 27 Changed: Aug 7 Last Checked: Aug 9 at 12:58PM

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 CBRE - Orlando

Investment Insights

Based on property information with market context.

The property at 830 N. 15th Street in Immokalee, Florida, features a 1,495-square-foot building on a 0.71-acre lot. It is subject to a new 20-year ground lease with four additional five-year renewal options. The initial annual base rent is $125,000, starting in Year 1, with 10% rental escalations every five years throughout the base term and renewal option periods. The location benefits from its proximity to several academic institutions serving nearly 7,000 students, including a middle school with approximately 1,400 students, a high school with 2,055 students, and around 3,500 students across the adjacent technical college and elementary school. This high daytime population creates consistent foot traffic, supporting strong demand for quick-service restaurants in the area. The property is suitable for commercial real estate and restaurant use, specifically as a drive-through restaurant.

Key Highlights

  • New 20‑year ground lease with four (4) additional five‑year renewal options.
  • Initial annual base rent of $125,000, beginning in Year 1.
  • 10% rental escalations every five years throughout the base term and renewal option periods.

Property Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Spa & Massage Center Electrical Service Gym & Fitness Center

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

257
Businesses Nearby
101k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 57% Shops & Services 27% Home Improvements & Furnishings 10% Apparel 5%
McDonald's Dining
31,325 visits/mo 0.3 miles
Family Dollar Shops & Services
11,921 visits/mo 0.4 miles
Popeyes Louisiana Kitchen Dining
10,903 visits/mo 0.1 miles
Little Caesars Pizza Dining
9,833 visits/mo 0.4 miles
B & L Hardware Home Improvements & Furnishings
9,706 visits/mo 0.2 miles

Demographics for 34142, FL

31,327
Population
10,002
Households
3.1
Avg Household Size
30
Median Age
15%
College-Educated
63%
High-School Grad
625.9 sq mi
ZIP Area
50
Density / Sq Mi
$57,656
Median Household Income
$27,809
Median Earnings
$989
Median Rent
$296,400
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 - Wendy's in Immokalee, Florida, subject to a new 20-year lease.
Where is this drive through restaurant located?
The property is located at 830 N 15th St Immokalee, FL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: New 20‑year ground lease with four (4) additional five‑year renewal options.; Initial annual base rent of $125,000, beginning in Year 1.; 10% rental escalations every five years throughout the base term and renewal option periods.
(631) 903-7137 Call to check price and availability
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