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Restaurant

Wendy's Queens NY

220-10 Northern Blvd, Queens, NY 11361

Listing Price: $8,500,000

Cap Rate
4.79%
Tenant Name
Wendy's
Years Remaining On Lease
5.7
Gross SF
3,900
Guarantor
Franchisee Guarantee
Rentable SF
3,900
Price/Gross SF
$2,179.49
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$104.36

Investment Overview

Wendy’s is an American international fast food chain restaurant founded by
Dave Thomas on November 15, 1969, in Columbus, Ohio. The company moved
its headquarters to Dublin, Ohio on January 29, 2006.

Investment Highlights

  • Absolute NNN Wendy's with No Landlord Responsibilities Located on a Heavily Trafficked Section of Northern Boulevard (32,000 Vehicles Per Day (VPD)) in Bayside (Queens), New York
  • Rare Net Leased Single Tenant Asset in New York City Occupied by One of the Most Successful Tenants Across the Entire American Retail Sector Appealing to a Large Buyer Pool
  • Lease Guaranteed by Doherty Enterprises, a Highly Reputable and Industry Leading Franchisee with Over 140 Restaurants in New York, New Jersey, Georgia, and Florida

Exclusively Listed By

  • Michael Kook

    Licensed Real Estate Broker

    (212) 430-5169

    Email Michael

    License(s): NY: 10301216047, NY: 10491208242

    Manhattan

  • Steven J. Siegel

    Licensed Associate Real Estate Broker

    (212) 430-5166

    Email Steven

    License(s): NY: 30SI0857139, NJ: 0015107, CT: REB.0754170

    Manhattan

Restaurant

Wendy's Queens NY

Listing Price: $8,500,000

Cap Rate
4.79%
Tenant Name
Wendy's
Years Remaining On Lease
5.7
Gross SF
3,900
Guarantor
Franchisee Guarantee
Rentable SF
3,900
Price/Gross SF
$2,179.49
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$104.36

Investment Highlights

  • Absolute NNN Wendy's with No Landlord Responsibilities Located on a Heavily Trafficked Section of Northern Boulevard (32,000 Vehicles Per Day (VPD)) in Bayside (Queens), New York
  • Rare Net Leased Single Tenant Asset in New York City Occupied by One of the Most Successful Tenants Across the Entire American Retail Sector Appealing to a Large Buyer Pool
  • Lease Guaranteed by Doherty Enterprises, a Highly Reputable and Industry Leading Franchisee with Over 140 Restaurants in New York, New Jersey, Georgia, and Florida

Investment Overview

Wendy’s is an American international fast food chain restaurant founded by Dave Thomas on November 15, 1969, in Columbus, Ohio. The company moved its headquarters to Dublin, Ohio on January 29, 2006.

Exclusively Listed By

  • Michael Kook

    Licensed Real Estate Broker

    (212) 430-5169

    Email Michael

    License(s): NY: 10301216047, NY: 10491208242

    Manhattan

  • Steven J. Siegel

    Licensed Associate Real Estate Broker

    (212) 430-5166

    Email Steven

    License(s): NY: 30SI0857139, NJ: 0015107, CT: REB.0754170

    Manhattan

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