44304 US Highway 27

25723 44304 US HighwaySold
  • $1860000
    • Address:
      44304 US Highway 27
      Davenport, Florida 32966
    • Location:
    • Sq Ft: 3,000
    • Lot Sq Ft: 0.76 acres

SOLD! – 11/22/2013 – NNN Leased CORPORATE WENDY'S RESTAURANT IN DAVENPORT, FLORIDA —

Marcus & Millichap is pleased to present this single-tenant, absolute-net Wendy's Restaurant, located at 44304 US
Highway 27 in Davenport, Florida.
The lease is 15 years with 1.5 percent annual increases in rent and is guaranteed by a 41-unit franchisee who operates
over 120 multiple restaurant concepts in several countries. The seller has committed to placing money in escrow at
closing which will be attributed to a complete store remodel.
This location is being offered with four other sale-leaseback Wendy's with the same franchisee and can be delivered
individually or as a portfolio.
The Wendy’s Company (NASDAQ: WEN), formerly branded as Wendy's Old Fashioned Hamburgers before October
11, 2012, is an international fast food chain restaurant founded by Dave Thomas on November 15, 1969, in Columbus,
Ohio, United States.
Wendy's sales exceeded those of Burger King for the first time in the company's history. With sales of $8.5 billion
(USD), the company ranked number two in hamburger chains.

Price:$1860000
Address:44304 US Highway 27
City:Davenport
State:Florida
Zip Code:32966
MLS:25723
Year Built:1995
Square Feet:3,000
Acres:0.76
Lot Square Feet:0.76 acres
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