220 W Lancaster Ave | Paoli, PA 19301
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- LoopNet Team
220 W Lancaster Ave
Paoli, PA 19301
Wendy's - Paoli, PA · Retail Property For Sale
Investment Highlights
- The Tenant has 13 years remaining on their NNN lease with rare, 2% annual rental increases, inclusive of their two (2), ten (10) year options
- The Property is situated on the corner of a three-way, fully signalized intersection on W Lancaster Avenue and will be exposed to more than 22,000 VPD
- Ideally positioned 30 minutes from Center City Philadelphia, with access to the major roadways of I-276, I-76, and Route 30
- Wendy’s is the world’s third largest quick-serve restaurant company in the hamburger sandwich segment with more than 6,700 locations in operation
- Lancaster Avenue, also known as the “Main Line,” is one of the most sought after retail corridors in the northeast
- Chester County has become the fastest growing county in the Philadelphia MSA due to its central location, employment, and quality of life
Property Facts
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,539 SF
Building Class
B
Year Built
1982
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.74 AC
Zoning
R3
Parking
21 Spaces (8.27 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Number | 54-01L-0078.0000 | Improvements Assessment | $698,020 |
| Land Assessment | $244,980 | Total Assessment | $943,000 |
Property Taxes
Parcel Number
54-01L-0078.0000
Land Assessment
$244,980
Improvements Assessment
$698,020
Total Assessment
$943,000
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