May 5, 2025 – Jarett Zackman, Michael Talbert, Zach Smith and Kyle Danielson of Horvath & Tremblay have successfully completed the sale of a Wendy’s in Fort Lauderdale, Florida. Horvath & Tremblay exclusively represented the seller and sourced the buyer to complete the transaction at a sale price of $3,220,000.
Wendy’s is located at 4600 S State Road 7 in Fort Lauderdale, Florida. Wendy’s has been at this location since 2019 and has 14+ years remaining on their triple-net lease with four (4), 5-year renewal options. The lease calls for attractive rent increases every five years throughout the primary lease term and at the start of each renewal option. Wendy’s is situated in an excellent location along S State Road 7 (US Route 441), the area’s primary commercial corridor. The Property enjoys outstanding frontage and visibility and is seconds from the New Town Commerce Center, a large business park that is home to hundreds of businesses, the Seminole Hard Rock Hotel & Casino, area colleges and densely developed residential neighborhoods that provide a built-in customer base. The Property enjoys convenient access to Florida Turnpike, Interstates 95 and 595, US Route 1, FL Routes 818, 84, and 822, and the Fort Lauderdale-Hollywood International Airport.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.