4186 Buffalo Rd | Erie, PA 16510
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4186 Buffalo Rd
Erie, PA 16510
Wendy's Erie, PA · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Lease guaranteed by The Wendy's Company, NASDAQ Ticker: WEN; Legacy Wendy's that has been in operation for 30+ years
- Relatively low basis for corporately guaranteed net lease asset; Located on a highly trafficked thoroughfare surrounded by National credit tenants
- 30+ national tenants within a 3-mile radius; Strong demographics: 95,438 residents and 36,617 households; Significant traffic volume of 13,890 VPD
- 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
- 1.4 miles to GE Transportation which operates a substantial freight network (with over 23,000 locomotives globally)
- The Wendy's Company (NASDAQ: WEN) has 7,200 locations worldwide; Operating continuously for 55 years
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,214 SF
Building Class
B
Year Built
1977
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.97 AC
Zoning
AB3
Parking
37 Spaces (16.71 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- 24 Hour Access
- Pylon Sign
- Signage
- Drive Thru
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 27-051-150.0-011.05 | Improvements Assessment | $1,524,828 |
| Land Assessment | $169,200 | Total Assessment | $1,694,028 |
PROPERTY TAXES
Parcel Number
27-051-150.0-011.05
Land Assessment
$169,200
Improvements Assessment
$1,524,828
Total Assessment
$1,694,028
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