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Fast Food For Sale • 2,214 SF
| Lease guaranteed by The Wendy's Company, NASDAQ Ticker: WEN; Legacy Wendy's that has been in operation for 30+ years |
| Absolute Net Lease with all expenses paid for by tenant; Property is situated on 42,301 square feet of land on a busy retail corridor |
| Relatively low basis for corporately guaranteed net lease asset; Located on a highly trafficked thoroughfare surrounded by National credit tenants |
| 1.4 miles to GE Transportation which operates a substantial freight network (with over 23,000 locomotives globally) |
| 30+ national tenants within a 3-mile radius; Strong demographics: 95,438 residents and 36,617 households; Significant traffic volume of 13,890 VPD |
| The Wendy's Company (NASDAQ: WEN) has 7,200 locations worldwide; Operating continuously for 55 years |
| Cap Rate: | 5.25 % |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Erie Amtrak Station (Lake Shore Limited - Amtrak) | 12 min | - | 4.6 mi |
| Airport | Drive | Walk | Distance |
| Erie International/Tom Ridge Field | 23 min | - | 11.5 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 35 |
| Type: | Surface |
| Included in Rent: | Yes |
Kyle Gulock
Century Partners Real Estate Inc.
Kyle Gulock
Century Partners Real Estate Inc.
