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Wendy's 2041 Street Rd 2,744 SF Retail Building Bensalem, PA 19020 $1,275,000 ($464.65/SF) 5.45% Cap Rate



INVESTMENT HIGHLIGHTS
- Absolute Net Lease | Zero Landlord Responsibilities | Ideal For Passive Investor
- Tenant Remodeled The Entire Building In 2021, Showcasing Longevity And Strong Commitment
- 2,744 SF QSR W/ Drive-Thru Situated On .86 Acres | Proximity To Interstate-95 (98,000+ VPD)
- 11+ Year Absolute NNN Lease – Stable Cash Flow Asset – Four (5-Year) Options To Renew
- 7% Rental Increases Every 5 Years | Next Bump Scheduled October 1, 2027
- Excellent Visibility With Two Points Of Access From Street Rd | High Volume Traffic Counts Exceeding 41,087+ VPD
EXECUTIVE SUMMARY
Low Rent QSR Opportunity | Absolute Net | 23+ Year Market Presence
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,744 SF
Building Class
C
Year Built/Renovated
1981/2021
Price
$1,275,000
Price Per SF
$464.65
Cap Rate
5.45%
NOI
$69,550
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.90 AC
Zoning
C - Commercial Zoning District
Frontage
208’ on Street Rd
AMENITIES
- Drive Thru
Walk Score®
Very Walkable (78)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $76,400 | |
| Land Assessment | $33,600 | Total Assessment | $110,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$33,600
Improvements Assessment
$76,400
Total Assessment
$110,000
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Wendy's | 2041 Street Rd
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