1075 S State St - Fast Food FOR SALE


Ephrata, PA 17522- Ephrata/Brownstown/Leola
$1,870,000 USD
914-403-7574
1075 S State St, Ephrata, PA for Sale
$1,870,000 USD
Fast Food - FOR SALE
1/5
null | 7.25% Cap Rate

1075 S State St
Ephrata, PA 17522
Ephrata/Brownstown/Leola


HIGHLIGHTS

  • Strong Franchisee Guarantee
  • Signalized Hard Corner
  • Proximity to WellSpan Ephrata Community Hospital
  • Strong Academic Presence

OVERVIEW

SURMOUNT is pleased to present the exclusive listing for a Wendy's located at 1075 South State Street, Ephrata, Pennsylvania 17522. The site consists of roughly 2220 rentable square feet of building space on an estimated 0.73-acre parcel of land. This Wendy's is subject to a 20-year Triple Net (NNN) lease, which commenced 4/19/2017. The current annual rent is $135,575 and has scheduled increases of 10% on 1/1/2027.

FOR SALE DETAILS

PRICE

$1,870,000 USD

PRICE/SF

$869 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wendy's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

HC

APN/PARCEL ID

260-16476-0-0000

ASK ABOUT THIS PROPERTY

914-403-7574

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914-403-7574

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