For Sale
$1,959,000

28090 Quails Nest LnBonita Springs, FL 34135

High-traffic I-75 location, strong NOI.

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional investment opportunity presents a brand-new, 15-year NNN ground lease for a Wendy's restaurant in Bonita Springs, Florida, situated at the high-density I-75/Bonita Beach Road interchange within the Naples MSA. The property, built in 2024, encompasses 2,144 square feet on a 0.7-acre lot and boasts 100% occupancy with a strong franchisee tenant. The lease commenced July 2, 2024, and includes three 5-year renewal options, each with a 10% rent increase, along with a 10% increase in years 6 and 11. This ensures significant long-term yield and inflation protection. The current Net Operating Income (NOI) stands at $95,000, resulting in a 4.85% cap rate, and the asking price is $1,959,000. The property's prime location at a major interstate exit guarantees high visibility and accessibility, benefiting from substantial traffic volume on I-75, a key corridor connecting major Florida cities. This is a passive investment opportunity with zero landlord responsibilities, situated in a tax-free state, and backed by a seasoned franchisee with a proven track record and a strong personal guarantee. The property's address is 28090 Quails Nest Ln, Bonita Springs, FL 34135, with APN 06-48-26-B1-28000.0020. This is a single-unit, single-story building offering a secure and lucrative investment prospect.

Highlights

  • Brand new, 15-year NNN ground lease Wendy's in Bonita Springs, FL (Naples MSA), priced under $2 million.
  • Located at a high-density I-75 exit with excellent highway access and visibility.
  • Features a strong, experienced franchisee with a proven track record and personal guarantee.
  • Offers a 4.85% cap rate with a $95,000 NOI and 10% rent bumps every 5 years and in each option.
  • Situated on a 0.7-acre lot with three 5-year lease options.
  • Benefits from being in a no-income-tax state and is part of a high-traffic interchange.

Property Details for 28090 Quails Nest Ln

Property type
Retail properties
Square Feet
2,144 SF
Year Built
2024
Buildings
1
Stories
1
Lot Size (sq. ft)
30,492 SF
Units
1

Location Insight

City
Bonita Springs
County
Lee
State
Florida
Latitude
26.330978092356
Longitude
-81.752654603365
28090 Quails Nest Ln, Bonita Springs, Florida

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28090 Quails Nest Ln
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