The Boulder Group Arranges Sale of Wendy's in Tampa MSA

Image: http://www.abnewswire.com/pressreleases/wp-content/uploads/2026/07/2026
The Boulder Group, a net leased investment brokerage firm, completed the sale of a single tenant net leased Wendy's property located at 308 West Brandon Boulevard in Brandon, Florida for $1,500,000. The 3,574 square-foot Wendy's restaurant sits on 0.71 acres and is corporately operated by Wendy's within the Tampa-St. Petersburg-Clearwater MSA.
The Wendy's property at 308 West Brandon Boulevard is positioned along West Brandon Boulevard, also designated as State Road 60, at its intersection with North Moon Avenue in Brandon, Florida. West Brandon Boulevard carries approximately 74,000 vehicles per day, making it one of the highest-traffic corridors in Hillsborough County. HCA Florida Brandon Hospital, a 479-bed regional medical center, is located less than one mile south of the property. Brandon High School, serving approximately 1,600 students, is situated immediately northwest of the site. The property is surrounded by a dense retail corridor anchored by Publix, Walmart Supercenter, The Home Depot, Lowe's Home Improvement, ALDI, Walgreens, McDonald's, 7-Eleven, AutoZone, CVS, Dollar General, Office Depot, Circle K, Dollar Tree, Burlington, PetSmart, and Ace Hardware. The average household income within three miles of the Wendy's in Brandon, Florida is approximately $108,570. The population within three miles exceeds 102,000 residents, and more than 229,000 residents live within a five-mile radius. Brandon is an unincorporated community in Hillsborough County located approximately 11 miles east of downtown Tampa. The Tampa-St. Petersburg-Clearwater MSA ranks as the 17th-largest metropolitan area in the United States with a population exceeding 3.3 million. Major transportation infrastructure including Interstate 75, Interstate 4, and Tampa International Airport provides regional connectivity. Brandon, Florida had a 2020 census population of 114,626 and has experienced steady annual growth.

Randy Blankstein, Jimmy Goodman and John Feeney of The Boulder Group represented both parties in the transaction. The seller was a family partnership based in the Southeast. The buyer was a Texas-based investment group.

The Wendy's lease at 308 West Brandon Boulevard in Brandon, Florida is structured as an absolute triple-net lease with zero landlord responsibilities. Wendy's has operated continuously from this location for more than 37 years and completely rebuilt the property in 2017 to the current prototype design. Three 5-year renewal options remain on the lease. Each renewal option features a 10% rental escalation. The absolute NNN structure requires the tenant to be responsible for all property taxes, insurance, and maintenance costs. Florida is an income-tax-free state, providing additional benefit to the property owner.

The Wendy's Company is headquartered in Dublin, Ohio and was founded in 1969 in Columbus, Ohio. Wendy's operates and franchises more than 7,000 restaurant locations worldwide, with the majority located across the United States and Canada. The company has grown into the third-largest hamburger restaurant chain in the United States. Wendy's is widely recognized for its made-to-order menu offerings, including its signature square hamburgers, the Frosty dessert, and the Baconator.

"Net leased quick-service restaurant properties with absolute NNN lease structures in income-tax-free states like Florida continue to attract strong demand from private investors seeking passive income," said Randy Blankstein, President of The Boulder Group. Jimmy Goodman, Partner of The Boulder Group, added, "The Wendy's in Brandon, Florida was compelling to buyers due to the tenant's more than 37 years of continuous operation at this site, the 2017 complete rebuild to the current prototype, and the property's prominent position along a corridor carrying 74,000 vehicles per day." John Feeney, Senior Vice President of The Boulder Group, noted, "The buyer was attracted to the absolute triple-net lease structure with zero landlord responsibilities, the benefit of no state income tax in Florida, and the opportunity to acquire a corporately operated Wendy's within the Tampa MSA at an attractive basis below replacement cost."

About The Boulder Group

The Boulder Group is a boutique investment real estate service firm specializing in single tenant net lease properties. The firm provides a full range of brokerage, advisory, and financing services nationwide to a substantial and diversified client base, which includes high net worth individuals, developers, REITs, partnerships and institutional investment funds. Founded in 1997, the firm has arranged the acquisition and disposition of over $11 billion of single tenant net lease real estate transactions. From 2013-2025, the firm was ranked in the top 10 companies in the nation for single tenant retail transactions by both CoStar and MSCI Real Capital Analytics. The Boulder Group is headquartered in suburban Chicago and has an office in Denver.

More info: www.bouldergroup.com [https://www.bouldergroup.com/]

Media Contact
Company Name: The Boulder Group
Contact Person: Randy Blankstein
Email: Send Email [http://www.abnewswire.com/email_contact_us.php?pr=the-boulder-group-arranges-sale-of-wendys-in-tampa-msa]
Phone: 8478816388
Address:3520 Lake Avenue Suite 203
City: Wilmette
State: Illinois
Country: United States
Website: https://www.bouldergroup.com/NNN-Properties-For-Sale.html

Legal Disclaimer: Information contained on this page is provided by an independent third-party content provider. ABNewswire makes no warranties or responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you are affiliated with this article or have any complaints or copyright issues related to this article and would like it to be removed, please contact retract@swscontact.com



This release was published on openPR.