1308 Fairbanks Ave Winter Park, FL 32789
Trophy Wendy's, strong corporate guarantee, high growth area.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- NNN ground lease Wendy's on high-traffic Fairbanks Avenue (34,000 VPD) in Winter Park, FL, near Downtown Orlando.
- Prime Orlando location, five miles from Downtown, in a high-growth area adding over 1,500 people weekly.
- Nearly 12-year lease remaining with 10% rent increases every five years, ideal for 1031 exchange.
- Corporate guarantee from Wendy's Properties, LLC.
- Strong population growth projected at over 6% within a one-mile radius (2022-2027).
- Dense, affluent demographics: over 276,000 people within a 5-mile radius, $87,000+ average household income.
Property Details for 1308 Fairbanks Ave
- Property type
- Retail properties
- Square Feet
- 2,414 SF
- Class
- A
- Year Built
- 2020
- Lot Size (sq. ft)
- 33,977 SF
- Units
- 1
Location Insight
- City
- Winter Park
- County
- Orange
- State
- Florida
- Latitude
- 28.59306135
- Longitude
- -81.36715794
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - Trophy Wendy's, strong corporate guarantee, high growth area.
- Where is the retail property located?
- The property is located at 1308 Fairbanks Ave Winter Park, FL.
- What is the asking price?
- The asking price for this property is $3,033,000.
- What are key features of this property?
- This property features: NNN ground lease Wendy's on high-traffic Fairbanks Avenue (34,000 VPD) in Winter Park, FL, near Downtown Orlando.; Prime Orlando location, five miles from Downtown, in a high-growth area adding over 1,500 people weekly.; Nearly 12-year lease remaining with 10% rent increases every five years, ideal for 1031 exchange.
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