1660 S Market St - Fast Food FOR SALE


Elizabethtown, PA 17022- Elizabethtown/Mt Joy
$2,020,629 USD
973-970-0597
1660 S Market St, Elizabethtown, PA for Sale
$2,020,629 USD
Fast Food - FOR SALE
1/5
null | 7% Cap Rate

1660 S Market St
Elizabethtown, PA 17022
Elizabethtown/Mt Joy


HIGHLIGHTS

  • Strong Franchisee Guarantee
  • Adjacent to Market Street Square
  • Harrisburg International Airport
  • Proximity to Elizabethtown College

OVERVIEW

SURMOUNT is pleased to present the exclusive listing for a Wendy's located at 1660 South Market Street, Elizabethtown, Pennsylvania 17022. The site consists of roughly 2597 rentable square feet of building space on an estimated 0.86-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 $141,444 and has scheduled increases of 10% on 5/1/2027.

FOR SALE DETAILS

PRICE

$2,020,629 USD

PRICE/SF

$781 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.94 AC

LAND SF

40,946 SF

ZONING

C-2

APN/PARCEL ID

460-49532-0-0000

ASK ABOUT THIS PROPERTY

RJ SteinSurmountMore Info
973-970-0597

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RJ SteinSurmountMore Info
973-970-0597

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.