Term Remaining: 5.5 Years With Three 5-Year Options Thereafter. 10% Increases Every 5 Years. Wendy's Has Been at This Location Since 1985 and Recently Exercised the First of Their Four, 5-Year Options Which Extends Through 2031 Future Development Potential: Wendy's Lot Size is 18,600 Square Feet (Spanning This Entire Block on Northern Boulevard) with Favorable R6B/C2-2 Zoning Allowing for a Wide Range of Uses. Top 3% of All Wendy's: According to Placer.ai, This Wendy's Ranks in the Top 3% Nationwide—166th Out of 5,567 Locations—With 445.8K Annual Visits. Franchisee: Doherty Enterprises, a Highly Reputable and Industry Leading Franchisee with Over 140 Restaurants in New York, New Jersey, Georgia, and Florida Convenience: Wendy's Benefits From Close Proximity to the Cross Island Parkway and the Clearview Expressway, Allowing For Easy Access to Long Island, the Bronx and Manhattan. Retail Corridor: Located on a Heavily Trafficked Section of Northern Boulevard (32,000 Vehicles Per Day) Surrounded by Many Significant Retailers and Businesses Including Dunkin’, TD Bank, Burger King, Starbucks, and Best Western, Among Many Others Demographics: in a Dense Area with Over 321,000 People Living Within a 3-Mile Radius with an Average Annual Household Income Exceeding $120,000