Entity Owned Property summary
This exceptional investment opportunity presents a fee-simple, 3,114 square foot Wendy's restaurant located at 4521 Macey Ln, Lake Wales, FL 33859. The property boasts a 6.25% cap rate and a strong net lease with a corporate guarantee from Wendy's, minimizing landlord responsibilities. The lease commenced November 7, 2013, and expires November 6, 2028, with four 5-year renewal options, each including a 10% rent increase. Current rent is $127,509 annually, with 7.5% rent bumps every five… years during the initial lease term. The property sits on a 1.03-acre lot at a hard-signalized intersection of US Hwy 27 and Star Lake Dr, experiencing approximately 40,500 vehicles daily. Built in 2002, this location benefits from excellent retail synergy, situated approximately 1.3 miles from Eagle Ridge Mall and near major retailers such as Home Depot, Kohl's, Publix, and more. Lake Wales is experiencing significant growth, with over 40 projects underway and approvals for more than 15,660 new residential units. This prime location offers substantial upside potential for long-term growth and passive income. The asking price is $2,040,000. APN: 272916864750000010. 100% occupancy.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 4 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 · 15 properties nearbyComparable nearby
Similar in This City for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 3,114 SF
- Lot area
- 1.03 ac
- Year built
- 2002
- Stories
- 1
- APN
- 272916864750000010
- Assessed value · 2023
- $824,192
- Annual tax · 2023
- $16,192
- Restaurant · current use
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/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.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
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.
The mortgage data is behind the paid report: 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.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
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- Alternative use
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