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Property summary
This exceptional investment opportunity presents a Wendy's restaurant located at 4047 4th St N, St. Petersburg, FL 33703. The property boasts a 3,575 square foot building on a 0.79-acre lot, constructed in 2016. It features a 15-year ground lease with a corporate guarantee from Wendy's International, a significant player in the fast-food industry with over 5,938 US locations and $2.095 billion in 2022 revenue. The lease, a NNN (Net, Net, Net) agreement, commenced on December 31, 2016, and… has approximately 7.1 years remaining until its expiration on December 31, 2031. The lease includes five five-year renewal options. Rent increases by 10% every five years, with the next increase scheduled for January 1, 2027. The property currently enjoys 100% occupancy and generates a Net Operating Income (NOI) of $129,250, resulting in a 4.65% capitalization rate. The asking price is $2,779,570. The location is exceptionally strong, with six national grocery stores within one mile, including Whole Foods, Publix, Trader Joe's, and Fresh Market, demonstrating high retail demand and virtually zero vacancy. Daily traffic counts reach 41,000 vehicles, and the area's population density is significant, with 15,000 residents within one mile and 110,000 within three miles. Pinellas County, the most densely populated county in Florida, further supports this property's value. This Wendy's offers a stable, low-management investment opportunity with a strong tenant and prime location.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax · 2023
Value estimate
· Oct 2026Realmo valuation models over county records and 8 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 17 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 3,575 SF
- Lot area
- 0.79 ac
- Year built
- 2016
- Stories
- 1
- APN
- 06-31-17-12970-000-0010
- Assessed value · 2023
- $1,620,000
- Annual tax · 2023
- $32,171
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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