830 N 15Th St Immokalee, FL 34142
Wendy's in Immokalee, Florida, subject to a new 20-year lease.
Property size:
1,495 SFLot size:
0.71 AcresProperty Features for 830 N 15Th St
General Information
- Standard status
- Active
- Size
- 1,495 SF
- Lot size
- 0.71 Acres
Building Details
- Year built
- 2025
Source:
Crexi
Listing Agency: CBRE - Orlando Listing Agent: Andrew Jaworski
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Wendy's Restaurant Ground Lease
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.
Location Intelligence
Current Use by Public Records
Drive through restaurants
Location Insight
- Map
- Local Demand
- City
- Immokalee
- County
- Collier
- State
- Florida
- Longitude
- -81.433216
- Latitude
- 26.4295875
Nearby Similar for Sale
FAQs
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 $2,632,000.
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.
