359 State Route 17 S | Wood-Ridge, NJ 07075
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359 State Route 17 S
Wood-Ridge, NJ 07075
Wendy's · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- ? Long-Term, 25-Year Absolute Triple Net (NNN) Lease Commencing Upon COE
- Sixteen (16), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 105 Years
- ? Ten Percent (10%) Rental Increases Occurring Every Five (5) Years
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,900 SF
Building Class
C
Year Built/Renovated
1950/2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.46 AC
Zoning
Commercial
Parking
50 Spaces (17.24 Spaces per 1,000 SF Leased)
Frontage
160’ on New Jersey 17
AMENITIES
- Drive Thru
PROPERTY TAXES
| Parcel Number | 69-00301-0000-00014-01 | Improvements Assessment | $378,400 |
| Land Assessment | $1,401,600 | Total Assessment | $1,780,000 |
PROPERTY TAXES
Parcel Number
69-00301-0000-00014-01
Land Assessment
$1,401,600
Improvements Assessment
$378,400
Total Assessment
$1,780,000
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