295 Tamiami Trl Osprey, FL 34229
This exceptional investment opportunity presents a 2,300 square foot Wendy's restaurant on a 1.01-acre lot in Osprey, Florida. Located on US-41 (S. Tamiami Trail), a major thoroughfare with 42,500 daily vehicles, this property benefits from high visibility and accessibility. The 15-year NNN ground lease commenced January 1, 2024, with a strong 10% rent increase every five years and in each renewal option. The property boasts a 4.85% cap rate and a Net Operating Income (NOI) of $115,000. Built in 2023, this single-story building is 100% occupied by a Wendy's franchisee with a proven track record and a significant personal guarantee. The location is an outparcel to a Walmart Supercenter, benefiting from its substantial annual traffic of 1.2 million visits. This is the only Wendy's within a 3-mile radius, minimizing competition. The property's location in Sarasota County, Florida, offers the advantage of a state with no personal income tax. This is a passive investment opportunity with zero landlord responsibilities, offering a secure and profitable return. The asking price is $2,371,000. The APN is 0147070008.
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Wendy's Restaurant Take-out & Catering
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CG · Osprey, FLOsprey. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.