6335 Allentown Rd - Fast Food FOR SALE


Temple Hills, MD 20748- Camp Springs
$2,480,000 USD
202-847-4200
6335 Allentown Rd, Temple Hills, MD for Sale
$2,480,000 USD
Fast Food - FOR SALE
1/6
null | 6.25% Cap Rate

6335 Allentown Rd
Temple Hills, MD 20748
Camp Springs


HIGHLIGHTS

  • Recent Lease Extension
  • Store Renovation
  • Attractive Rent Increases
  • Zero Management Responsibilities
  • Corporate Operator
  • Strategic Retail Location

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a single tenant Wendy’s Investment Property located at 6335 Allentown Road in Camp Springs, Maryland (the “Property”). Wendy’s has been at this location since 2005, and in 2024, the Tenant executed a long-term extension, demonstrating their commitment to the site and the market. Wendy’s has 10 years remaining on their corporate Absolute NNN lease with four (4), 5-year renewal options. The lease calls for attractive rent increases every five years throughout the primary lease term and at the start of each renewal option. Wendy’s is situated in an excellent location along Allentown Road (VA Route 337), the area’s primary commercial corridor. The Property enjoys outstanding frontage and visibility and is seconds from the junction with Branch Avenue (VA Route 5) which sees more than 122,000 vehicles per day. Wendy’s is part of a commercial pocket that is home to numerous national and local retailers and businesses that drive traffic to the area and densely developed residential neighborhoods that provide a built-in customer base. The Property enjoys convenient access to Joint Base Andrews, a major military installation that serves as a significant economic driver in the area, providing jobs and attracting businesses that cater to military personnel and their families. The Property is also close to MedStar Southern Maryland Hospital Center, Interstate 495 and is just 8 miles from Washington, D.C.

FOR SALE DETAILS

PRICE

$2,480,000 USD

PRICE/SF

$756 USD /SF

CAP RATE

6.25%

% 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

1997

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.16 AC

LAND SF

50,530 SF

ZONING

CGO

APN/PARCEL ID

06-3068277

ASK ABOUT THIS PROPERTY

Kyle DanielsonHorvath & TremblayMore Info
202-847-4200

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Kyle DanielsonHorvath & TremblayMore Info
202-847-4200

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