Wendy’s

Wendy’s – Absolute NNN Investment
Cape Coral–Fort Myers MSA | Florida Boom Corridor | Passive Income | Drive‑Thru QSR Asset

This offering presents a compelling opportunity to acquire a single-tenant Wendy’s property within the Cape Coral–Fort Myers Metropolitan Statistical Area (MSA)—one of Florida’s fastest-growing markets. The asset operates under a long-term absolute triple-net (NNN) lease, delivering 100% passive income, no landlord responsibilities, scheduled rent escalations, and the backing of a nationally recognized quick-service restaurant (QSR) brand. With Cape Coral–Fort Myers emerging as a desirable Sun Belt destination, driven by population influx, tourism, and infrastructure growth, this Wendy’s location offers premium fundamentals, making it ideal for investors seeking reliable, low-maintenance, income-producing assets.

Tenant Overview – Wendy’s | National QSR Operator

Wendy’s is the third-largest burger chain in the U.S., operating over 6,800 restaurants worldwide. Renowned for its signature square patties, fresh-cut fries, and value-forward menu, the brand appeals to a wide consumer base. With a commitment to digital innovation, delivery, and drive-thru convenience, Wendy’s continues to successfully expand across suburban and growth markets.

The tenant operates under an absolute NNN lease, meaning it assumes responsibility for all property-related expenses—real estate taxes, insurance, structural maintenance, roof, HVAC, landscaping, parking lot upkeep, and more. Scheduled rent escalations typically occur every five years (commonly 6%–10%), providing inflation protection and contractually secured income growth. This hands-off structure makes the asset a prime choice for investors seeking predictable returns and ease of ownership.

Lease Structure & Cash Flow Profile

• Lease Type: Absolute NNN—tenant covers all operating and capital expenses
• Lease Term: 15–20-year initial lease
• Renewal Options: Typically two to four 5-year extensions
• Rent Escalations: Fixed increases every five years (6%–10%)
• Investor Benefits: Mailbox income with no management, minimal risk, and inflation-hedged returns

This structure provides compelling income visibility and growth over time—ideal for investors targeting passive income in high-growth Sun Belt MSAs.

Market Overview – Cape Coral–Fort Myers MSA

The Cape Coral–Fort Myers MSA, comprising Lee and Charlotte Counties, is a rapidly expanding market on Florida’s southwest Gulf Coast. The metro’s population exceeds 800,000 residents, drawing both working professionals and retirees with its coastal amenities, warm climate, and lack of personal income tax. Since 2010, the region has grown over 30%, driven by residential development in surrounding master-planned communities.

Economic drivers include:

• Tourism and hospitality, anchored by Fort Myers and Sanibel Islands
• Healthcare, featuring Lee Health, Cape Coral Hospital, and Gulf Coast Medical Center
• Distribution and logistics, supported by Southwest Florida International Airport and port expansion
• Construction and manufacturing, fueled by ongoing redevelopment and infrastructure
• Retirement and 55+ communities, contributing to consistent demographic expansion

Cape Coral–Fort Myers continues to attract investment in roads, utilities, and commercial real estate, reinforcing its long-term growth trajectory.

Site Analysis – Prime Drive‑Thru Location

This Wendy’s is strategically positioned on a primary arterial corridor with daily traffic counts ranging from 25,000 to 40,000 vehicles, offering consistent drive-thru exposure and visibility. The building features dual-lane ingress/egress, modern signage, and a contemporary façade, enhancing curb appeal and consumer access.

The location benefits from strong co-tenancy, including national grocers, pharmacies, banks, home improvement stores, convenience shops, and QSRs, generating high foot traffic and synergistic visitation patterns. Surrounding rooftops include a mix of single-family neighborhoods, multifamily developments, retirement communities, and new master-planned subdivisions.

Key nearby demand generators include:

• Grocery shopping dominated by Publix and Walmart
• Healthcare providers and specialty clinics
• Employment centers in finance, real estate, construction, and services
• Educational institutions such as Florida Southwestern State College and local high schools

Trade-Area Demographics & Growth Fundamentals

• Population (3–5 mile radius): Over 120,000
• Median Household Income: $75,000–$100,000+
• Age Profile: Diverse mix including retirees, families, millennials, and seasonal residents
• Daytime Population: Bolstered by local employment, healthcare facilities, and family activity centers

Rapid housing absorption and job creation support strong QSR demand. Communities like Cape Coral, Fort Myers, Lehigh Acres, and Punta Gorda continue to add rooftops, ensuring future customer base thickens. This Wendy’s site is uniquely positioned to benefit from continued demographic and residential expansion.

Income Growth & Inflation Protection

Scheduled escalations every five years—typically 6%–10%—provide a guaranteed increase in net operating income, offering solid protection against inflation. Under an absolute NNN lease, all landlord costs are covered by the tenant, delivering a turnkey investment profile and eliminating unexpected capital requirements.

Why Wendy’s in Cape Coral–Fort Myers MSA?

1. Rapid Growth Market: The region ranks among the fastest-growing metros in Florida and the U.S.
2. Tourist and Consumer Pull: Seasonal visitors and retirees drive consistent traffic and check sizes.
3. Economic Diversification: Growth in healthcare, logistics, construction, and service sectors supports stability.
4. Suburban Expansion: New development creates growing demand for convenient QSR options.
5. National Brand Strength: Wendy’s remains a performance player in suburban drive-thru environments.
6. Lease Security: Absolute NNN structure with tenant-paid expenses and scheduled escalations ensures low risk.
7. Landlord Simplicity: No maintenance obligations or management required from the owner.
8. Investor Appeal: Ideal for 1031 exchange buyers, private capital, family offices, and passive-income seekers.
9. Scarcity Value: Freestanding drive-thru QSR assets on high-traffic corridors are increasingly rare.
10. Future Exit Strategies: Long-term lease and growth dynamics enhance asset marketability.

Key Investment Highlights

• Single-tenant Wendy’s with absolute triple-net lease
• Passive income with zero landlord responsibilities
• 15–20-year initial term, multiple renewal options
• Scheduled rent escalations every five years
• Drive-thru optimized building on busy arterial (25,000–40,000 VPD)
• Surrounded by high-demand co-tenancy and expanding residential market
• Trade area supporting 120,000+ residents with strong incomes
• Adaptable QSR brand with digital/mobile and delivery support
• Income growth and capital preservation under inflation hedging lease
• Investor-friendly Florida market with no state income tax

Conclusion

This Wendy’s net lease opportunity in the Cape Coral–Fort Myers MSA delivers a premium investment: long-term, hands-off income; national brand performance; contractually protected escalations; and a high-visibility drive-thru location in a booming Florida growth corridor. The absolute NNN lease structure shifts all costs to the tenant, giving owners a clean, easy-to-own asset.

For investors targeting Sun Belt growth markets, portfolio diversification, or passive income generation, this Wendy’s offering delivers on yield, stability, and simplicity. Assets like this—freestanding, drive-thru QSR sites on major corridors—are in scarcity and highly sought after.

To request the full offering memorandum, lease abstract, demographic analytics, or arrange a property tour, please contact us. Prime net-lease QSR offerings in Florida’s expanding metros stay captive—act quickly to secure this institutional-grade asset.