743 E Main St - Fast Food FOR SALE


Palmyra, PA 17078
$2,272,000 USD
248-702-0288
743 E Main St, Palmyra, PA for Sale
$2,272,000 USD
Fast Food - FOR SALE
1/10
null | 5.25% Cap Rate

743 E Main St
Palmyra, PA 17078


HIGHLIGHTS

  • Absolute Net Lease | Zero Landlord Responsibilities | Ideal For Passive Investor
  • 15+ Year Absolute NNN Lease – Stable Cash Flow Asset – Two (5-Year) Options To Renew
  • Historical Occupancy - 30+ Years | Tenant Remodel In 2025, Showcasing Longevity And Strong Commitment
  • 2% Rent Increases Every Year | Compounding Interest | Next Bump Scheduled March 1, 2027
  • 2,765 SF QSR W/ Drive-Thru Situated On .80 Acres | Proximity To The Hershey Company World Headquarters (4 Miles Away)
  • Excellent Visibility With Two Points Of Access From E Main St (US Route 422 - Benjamin Franklin Hwy) W/ 18,000+ VPD

OVERVIEW

Absolute Net Lease | Zero Landlord Responsibilities | Ideal For Passive Investor

FOR SALE DETAILS

PRICE

$2,272,000 USD

PRICE/SF

$822 USD /SF

CAP RATE

5.25%

% 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

1981

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.8 AC

LAND SF

34,848 SF

ZONING

-

APN/PARCEL ID

16-2293028-358849-0000

ASK ABOUT THIS PROPERTY

Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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