Wendy's Restaurant Ground
For Sale
Contact for pricing
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 Market183
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
(631) 903-7137
Source:
Crexi
Added: Mar 27
Changed: Sep 21
Last Checked: Sep 24 at 10:48AM
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
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Current Use
Location Intelligence
Trade Area within ½ mile
303
Businesses Nearby
211k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 45%
Shops & Services 39%
Groceries 13%
Apparel 2%
McDonald's
Dining
31,325 visits/mo
0.4 miles
Winn-Dixie
Groceries
28,292 visits/mo
0.4 miles
Burger King
Dining
15,832 visits/mo
0.3 miles
Dollar Tree
Shops & Services
15,111 visits/mo
0.3 miles
Dollar General
Shops & Services
13,160 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
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Market
Vacancy Rate% for Retail in South region
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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.
