401 W Emaus Ave - Fast Food FOR SALE


Allentown, PA 18103- Southside-Lehigh
$1,456,563 USD
914-403-7574
401 W Emaus Ave, Allentown, PA for Sale
$1,456,563 USD
Fast Food - FOR SALE
1/5
null | 6.75% Cap Rate

401 W Emaus Ave
Allentown, PA 18103
Southside-Lehigh


HIGHLIGHTS

  • Strong Franchisee Guarantee — Yellow Cab Holdings, LLC (90+ Units)
  • Dense Urban Trade Area
  • Proximity to Allentown Queen City Municipal Airport
  • Proximity to Major Healthcare Systems

OVERVIEW

Surmount is pleased to present the exclusive listing for a Wendy's located at 1980 South 4th Street, Allentown, PA 18103. The site consists of roughly 2,621 rentable square feet of building space on an estimated .48-acre parcel of land. Wendy's is subject to a 20-year Triple Net (NNN) lease, which commenced 12/27/2017. The current annual rent is $98,318 and has scheduled increases of 10% on 1/1/2028.

FOR SALE DETAILS

PRICE

$1,456,563 USD

PRICE/SF

$540 USD /SF

CAP RATE

6.75%

% 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

2005

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

B-3

APN/PARCEL ID

640651968532-1

ASK ABOUT THIS PROPERTY

914-403-7574

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914-403-7574

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