Wendy's (Vacant) — Sale in Jacksonville, FL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Property
  • Location: Jacksonville, FL 32218

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Wendy's (Vacant) — Sale in Jacksonville, FL, photo 3 of 3

Description

Marcus & Millichap is pleased to present the opportunity to acquire a vacant, freestanding former Wendy's restaurant located at 1175 Dunn Avenue in Jacksonville, Florida. Offered at $2,300,000, the property consists of a 2,674-square-foot building situated on approximately 0.84 acres. Originally constructed in 1979 and completely renovated in 2024, the building features updated interior and exterior improvements, a purpose-built quick-service restaurant layout, an existing drive-thru configuration, and prominent pylon signage. The property will be delivered vacant and free of existing leases, providing an opportunity for an owner-user or new restaurant operator seeking immediate occupancy with limited additional capital improvements. The property is strategically positioned at the signalized intersection of Dunn Avenue and Bonnelly Drive in North Jacksonville. This highly visible corner location offers convenient ingress and egress, strong street-level exposure, and accessibility to Interstate 95 and Interstate 295. The surrounding Dunn Avenue corridor is an established retail destination featuring numerous national and regional retailers and quick-service restaurant operators. Nearby brands include McDonald's, Burger King, Starbucks, Dunkin', Popeyes, Chick-fil-A competitor alternatives such as Zaxby's, and Sam's Club, contributing to the area's established retail presence. The property benefits from a substantial and growing residential population. Within a five-mile radius, the estimated 2025 population is 114,747, with an average household income of $72,978. The population is projected to increase to 119,485 by 2030, representing growth of approximately 4.1%, while average household income is projected to reach $80,317. The surrounding three-mile trade area contains approximately 46,765 residents, with average household incomes of $76,500, providing an established customer base for restaurant and retail operators. North Jacksonville benefits from a diversified e

Market Context

This retail in Jacksonville, FL is listed for sale. Compare it against other retail listings for sale in Jacksonville, FL — view the full market.

As of Q1 2026, the Jacksonville retail market showed a 5.1% vacancy rate, average asking rents near $26.08/SF/yr, and rents up 1.7% year over year. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Retail market FAQ

Is the Jacksonville retail market tightening or softening?
Vacancy is around 5.1%, with asking rents rising year over year (Q1 2026).

Estimated Price per SF

$44.01/SF – $320.06/SF

Mid: $133.36/SF

About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.

Contact the listing broker

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Questions to ask the broker

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  • What is the asking price?
  • What is the current zoning, and does it allow my intended use?
  • How many parking spaces come with the property?

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