300 S Black Horse Pike - Fast Food FOR SALE


Bellmawr, NJ 08031
$3,250,000 USD
732-232-4351
300 S Black Horse Pike, Bellmawr, NJ for Sale
$3,250,000 USD
Fast Food - FOR SALE
1/5
null | 5.19% Cap Rate

300 S Black Horse Pike
Bellmawr, NJ 08031


HIGHLIGHTS

  • Site Commitment & Lease Term
  • Attractive Rent Increases
  • Zero Management Responsibilities
  • Strong Operator
  • Strategic Retail Location
  • Strong Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a single tenant Wendy’s Investment Property located at 300 South Black Horse Pike in Bellmawr, New Jersey (the “Property”). Wendy’s has a long operating history at the Property and in 2019 demonstrated their ongoing commitment to the site by signing a brand-new, 15-Year Absolute NNN Lease. There are currently over 8 years of term remaining on the lease followed by eight (8), 5-year renewal options. The lease calls for attractive 2.00% annual rent increases throughout the base term and renewal options. Wendy’s is well positioned along S Black Horse Pike (Route 168), a primary commercial corridor serving Bellmawr and the greater Camden County trade area. The Property offers strong frontage and visibility along this heavily traveled thoroughfare and benefits from immediate access to Route 42, Interstate 295, and the New Jersey Turnpike (I-95), providing excellent regional connectivity. Surrounded by national retailers, restaurants, and established residential neighborhoods, the site enjoys consistent consumer traffic and a built-in customer base, further supported by its proximity to Deptford Mall, a dominant regional shopping destination.

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$1,083 USD /SF

CAP RATE

5.19%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wendy's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

Route 168

LAND ACRES

0.52 AC

LAND SF

22,499 SF

ZONING

C

APN/PARCEL ID

04-00147-0000-00001

ASK ABOUT THIS PROPERTY

Michael LombardiHorvath & TremblayMore Info
732-232-4351

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Michael LombardiHorvath & TremblayMore Info
732-232-4351

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