Dark Wendy's — Sale in Jacksonville, FL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Jacksonville, FL 32256

Description

The Former Wendy’s Located at 5752 Butler Point Road in Jacksonville, Florida Represents a Strong Investment Opportunity. Given its Prime Location, Creditworthy Lease Guarantor, and Long-Term Potential. Situated Just Off I-95 Near The J. Turner Butler Boulevard Interchange. The 3,082 Square Foot Building sits on Nearly .93 Acres with High Traffic Counts of 47,000 Vehicles Per Day on J Turner Butler Blvd (JTB) & 38,500 VPD on Philips Highway. Tenant has 20 ROFR. 2009 Phase 1 is Clean. Strong Demographics Including an Average Household Income Exceeding $90,000 Within Three Miles. The Property’s Drive-Thru Configuration, Visibility, and Surrounding National Retailers Make it Highly Desirable for Quick-Service Restaurant Users. The Lease Is Guaranteed By Meritage Hospitality Group Inc., for 3 more Years. One of The Largest Wendy’s Franchise Operators in The United States With Over 375 Units Across 15 States. Meritage Is A Publicly Traded Company (OTC: MHGU) Known For Its Operational Strength, Active Development Pipeline, and Consistent Earnings Performance, Providing Strong Credit Support for the remainder of the Lease. Assuming An Absolute NNN Structure With Minimal Landlord Responsibilities And CPI-Based Rent Increases, the Investment Offers Stable Cash Flow With Long-Term Upside. Future Potential Includes Re-Tenanting To Another National Brand or Redevelopment of The Site. Given the Site’s Excellent Accessibility, High-Income Trade Area, and Corporate-Backed Lease This Asset Appeals to Investors Seeking Secure, Predictable Income With Attractive Residual Value And Redevelopment Flexibility in a Growing Jacksonville Corridor. Investment Highlights: • Premier QSR Site With Exceptional Visibility: Positioned at The Signalized Intersection of Butler Point Road and Philips Highway • 47,000 Vehicles Per Day On J. Turner Butler Boulevard And 38,500 Vehicles Per Day On Philips Highway, Ensuring Strong Exposure And Accessibility. • High-Quality Real Estate Fundamentals: Th

Market Context

This retail in Jacksonville, FL is listed for sale. It has been on the market for 101 days. Compare it against other retail listings for sale in Jacksonville, FL — view the full market.

As of Q1 2026, the Jacksonville retail market showed cap rates around 7.6%. Source: multiple brokerage reports, Q1 2026.

Retail market FAQ

What is the typical cap rate for retail in Jacksonville?
About 7.6% as of Q1 2026, per multiple brokerage reports.

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