RIPCO Real Estate has been exclusively retained to arrange the sale of 5805 Broadway, a single-story, 2,389 square foot drive-thru quick-service restaurant net-leased to Wendy's in the Kingsbridge section of the Bronx, NY. Constructed in 2019/2020 as a build-to-suit for Wendy's, the property sits on a 13,300 square foot lot at a signalized hard corner with 171 feet of frontage on Broadway and 211 feet on Kingsbridge Avenue, with additional exposure on West 238th Street. Wendy's operates under a corporate NNN lease with 3.7 years of term remaining on the current period, plus four 5-year renewal options carrying fixed 10% escalations that extend the rent schedule through February 2050. Under the lease, the tenant is responsible for real estate taxes, insurance, and maintenance of the roof, structure, and parking areas. The property sits within one of the densest trade areas in the country, with more than 783,000 residents within three miles and consistent vehicle and pedestrian activity at the signalized Broadway intersection. The immediate trade area is anchored by the adjacent Riverdale Crossing shopping center (BJ's Wholesale Club, Ace Hardware, Petco) and the elevated 238th Street subway station on the 1 line, which delivers daily foot traffic directly past the corner. Please contact the exclusive brokers for additional information or to arrange a property inspection.