350 N Front St - Retail FOR SALE


Belleville, ON K8P 5A5
$1,895,000 CAD
613-542-2724
350 N Front St, Belleville, ON for Sale
$1,895,000 CAD
Retail - FOR SALE
1/10
null | 4.22% Cap Rate

350 N Front St
Belleville, ON K8P 5A5


OVERVIEW

Located at 350 North Front Street in Belleville, this exceptional 0.57-acre ground lease offering presents investors with the opportunity to acquire a long-standing, institutionally backed quick-service restaurant asset occupied by Wendy’s Restaurants of Canada Inc.. The tenant has successfully operated at this high profile commercial corridor location since 1985, demonstrating nearly four decades of proven performance and commitment to the site. Further reinforcing the strength of the tenancy, Wendy’s completed a comprehensive rebuild of the drive-through restaurant in 2021, modernizing the asset to current brand standards and enhancing the customer experience. Strategically positioned along one of Belleville’s primary retail arteries, the property benefits from outstanding visibility, strong traffic volumes, and proximity to Highway 401, major national retailers, established residential neighbourhoods, and commercial amenities. This offering provides investors with secure, passive income backed by an established national tenant with a long operating history at the property and continued capital investment in the location.

FOR SALE DETAILS

PRICE

$1,895,000 CAD

PRICE/SF

$705 CAD /SF

CAP RATE

4.22%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wendy's

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Peter KostogiannisRockwell CommercialMore Info
613-542-2724

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Peter KostogiannisRockwell CommercialMore Info
613-542-2724

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