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Restaurant

Wendy's I Largest Operator I Philadelphia MSA

300 S Black Horse Pike, Bellmawr, NJ 08031

Listing Price: $3,242,740

Cap Rate
5.00%
Tenant Name
Wendy's
Years Remaining On Lease
10.1
Gross SF
3,000
Guarantor
Franchisee Guarantee
Rentable SF
3,000
Price/Gross SF
$1,080.91
Lease Type
Absolute Net
Rent Per Square Feet
$54.05

Investment Overview

This Wendy's property presents a lucrative proposition with a solid lease in place and a reliable tenant. Strategically located at the bustling intersection of Black Horse Pike and Benigno Boulevard, this absolute NNN lease offers passive income with zero landlord responsibilities. The property benefits from high visibility with over 23,000 vehicles passing by daily and is ideally situated in the Philadelphia MSA, a prime area with a population of over 6.2 million residents.

Furthermore, the vicinity boasts proximity to major local amenities, including six national and regional hotels, providing steady foot traffic to the site. With over 10 years remaining on the lease and annual rent increases, this investment promises long-term stability. Additionally, its close proximity to Philadelphia International Airport and strategic location near the New Jersey Turnpike Bellmawr Toll Plaza adds further value to this promising asset. Positioned at an Entrance to Interstate Business Park, a 250-Acre Complex with over 2.85 Million Square Feet of Warehouse, Distribution and Office Buildings with Major Tenants Including Amazon, FedEx, USPS, and Much More.

Investment Highlights

  • Absolute NNN Wendy's with Zero Landlord Responsibilities Located at the Heavily Trafficked Intersection of Black Horse Pike and Benigno Boulevard with more than 23,000 Vehicles Passing Daily
  • Wendy's Lease Currently Features Over 10 Years Remaining on the Base Term with Attractive 1.75% Annual Rent Increases Throughout the Base Term and Options To Hedge Against Inflation
  • This Location is Operated by Flynn Group, The World's Largest Franchisee Entity, Operating 277 Wendy's Restaurants and More than 2,700 Total Units
  • Subject Property is Strategically Located In the Philadelphia MSA - the 8th Most Populous Area in the U.S. with More Than 6.2 Million Residents
  • Positioned at an Entrance to Interstate Business Park, a 250-Acre Complex with over 2.85 Million Square Feet of Warehouse, Distribution and Office Buildings with Major Tenants Including Amazon, FedEx, USPS, and Much More
  • This Wendy's is Located within 12-Miles from Philadelphia International Airport - the 21st Busiest Airport in the U.S. with over 12 Million Passengers Annually
  • Situated within Walking Distance from Six National and Regional Hotels that have a Combined Total of More Than 300 Rooms, Providing Steady Foot-traffic to and from this Site

Broker of Record

  • John Horowitz

    Senior Vice President/Division Manager

    (201) 742-6100

    License(s) NJ: 2192359

    New Jersey

Financing By

Restaurant

Wendy's I Largest Operator I Philadelphia MSA

Listing Price: $3,242,740

Cap Rate
5.00%
Tenant Name
Wendy's
Years Remaining On Lease
10.1
Gross SF
3,000
Guarantor
Franchisee Guarantee
Rentable SF
3,000
Price/Gross SF
$1,080.91
Lease Type
Absolute Net
Rent Per Square Feet
$54.05

Investment Highlights

  • Absolute NNN Wendy's with Zero Landlord Responsibilities Located at the Heavily Trafficked Intersection of Black Horse Pike and Benigno Boulevard with more than 23,000 Vehicles Passing Daily
  • Wendy's Lease Currently Features Over 10 Years Remaining on the Base Term with Attractive 1.75% Annual Rent Increases Throughout the Base Term and Options To Hedge Against Inflation
  • This Location is Operated by Flynn Group, The World's Largest Franchisee Entity, Operating 277 Wendy's Restaurants and More than 2,700 Total Units
  • Subject Property is Strategically Located In the Philadelphia MSA - the 8th Most Populous Area in the U.S. with More Than 6.2 Million Residents
  • Positioned at an Entrance to Interstate Business Park, a 250-Acre Complex with over 2.85 Million Square Feet of Warehouse, Distribution and Office Buildings with Major Tenants Including Amazon, FedEx, USPS, and Much More
  • This Wendy's is Located within 12-Miles from Philadelphia International Airport - the 21st Busiest Airport in the U.S. with over 12 Million Passengers Annually
  • Situated within Walking Distance from Six National and Regional Hotels that have a Combined Total of More Than 300 Rooms, Providing Steady Foot-traffic to and from this Site

Investment Overview

This Wendy's property presents a lucrative proposition with a solid lease in place and a reliable tenant. Strategically located at the bustling intersection of Black Horse Pike and Benigno Boulevard, this absolute NNN lease offers passive income with zero landlord responsibilities. The property benefits from high visibility with over 23,000 vehicles passing by daily and is ideally situated in the Philadelphia MSA, a prime area with a population of over 6.2 million residents. Furthermore, the vicinity boasts proximity to major local amenities, including six national and regional hotels, providing steady foot traffic to the site. With over 10 years remaining on the lease and annual rent increases, this investment promises long-term stability. Additionally, its close proximity to Philadelphia International Airport and strategic location near the New Jersey Turnpike Bellmawr Toll Plaza adds further value to this promising asset. Positioned at an Entrance to Interstate Business Park, a 250-Acre Complex with over 2.85 Million Square Feet of Warehouse, Distribution and Office Buildings with Major Tenants Including Amazon, FedEx, USPS, and Much More.

Broker of Record

  • John Horowitz

    Senior Vice President/Division Manager

    (201) 742-6100

    License(s): NJ: 2192359

    New Jersey

Financing By

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