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Wendy's 450 Lacey Rd 4,272 SF Retail Building Whiting, NJ 08759 $2,407,815 ($563.63/SF) 5.40% Cap Rate
Investment Highlights
- Long-Standing, High-Performing Location
- Strategic Location Off NJ Route 70
- Outparcel to Stop & Shop Anchored Shopping Center
- Large Parcel With Drive-Thru Configuration
Executive Summary
Surmount is pleased to present the exclusive listing for a Wendy's located at 450 Lacey Road, Whiting, NJ 08759. The site consists of roughly 4,272 rentable square feet of building space on an estimated 3.10-acre parcel of land. This Wendy's is subject to a 25-year Triple Net (NNN) lease, which commenced 6/2 /2025. The current annual rent is $130,022 and has scheduled increases of 10.00% Every 5 Years.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
4,272 SF
Building Class
B
Year Built
2006
Price
$2,407,815
Price Per SF
$563.63
Cap Rate
5.40%
NOI
$130,022
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
3.10 AC
Zoning
WTHD - Neighborhood Development
Frontage
99’ on Old Lacey Rd
Amenities
- Pylon Sign
- Drive Thru
Nearby Major Retailers
Property Taxes
| Parcel Number | 19-00109-0000-00001-01 | Improvements Assessment | $495,900 |
| Land Assessment | $930,000 | Total Assessment | $1,425,900 |
Property Taxes
Parcel Number
19-00109-0000-00001-01
Land Assessment
$930,000
Improvements Assessment
$495,900
Total Assessment
$1,425,900
Contacts
-
Matthew Anuszkiewicz -
James Westerberg -
Andrew Darby -
Glen Kunofsky -
Christopher Marks -
Surmount
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Wendy's | 450 Lacey Rd
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