Wendy's NNN — Immokalee, FL

Updated July 18, 2026

$2,500,000 · 5.00% CAP · 19.8 YRS

Wendy's relocation store built in 2025 in Immokalee on a nearly full 20-year absolute-net ground lease with a franchisee guarantee. Escalations run 10% every five years, including options.

Lease Abstract

Price

$2,500,000

Cap rate

5.00% CAP

NOI

$125,000

Term remaining

19.8 YRS

Lease type

Absolute NNN Ground Lease

Increases

10% every 5 years

Options

Four 5-year options

Guarantee

Franchisee

Building

1,495 SF

Lot

0.71 AC

Year built

2025

Listing information is deemed reliable but not guaranteed — pricing, cap rates, and lease terms are subject to change, prior sale, or withdrawal without notice.

Property Details

1,495 SF building, built 2025, 0.71 acres of land. Ground lease priced at $3,521,127 per acre. Rent increases: 10% every 5 years. Renewal options: Four 5-year options. Franchisee guarantee. Primary term ends around 2046 (19.8 yrs left at listing, Jul 2026).

Location

Immokalee, Florida. Full address and offering memorandum released on request — see our Wendy's tenant guide and the Florida market page for the underwriting context.