New fast food location in master-planned community sold

LAKEWOOD RANCH — A new Wendy's within the master-planned community of Lakewood Ranch has been sold for $2.69 million.

JLL Capital Markets brokered the sale, of the 0.78-acre, single-tenant parcel leased to a the fast-food chain, according to a statement. JLL marketed the property on behalf of the seller, a partnership between North American Development Group and Argosy Real Estate Partners, according to a press release. The buyer is a private investor, the release adds.