Wendy's
Retail | 5.15% CAP | 2,907 SqFt
Marketing description
Surmount is pleased to present the exclusive listing for a Wendy's located at 232 New Jersey 70, Toms River, NJ 08755. The site consists of roughly 2,907 rentable square feet of building space on an estimated 1.00-acre parcel of land. This Wendy's is subject to a 25-year Triple Net (NNN) lease, which commenced 6/2/2025. The current annual rent is $164,640 and has scheduled increases of 10.00% Every 5 Years.
Investment highlights
Long-Standing, High-Performing Location | The site has operated for nearly 20 years with a healthy historical rent-to-sales ratio and ranks in the 81st percentile for foot traffic per Placer .ai. Contact the broker for additional financial details.
Strong Demographics | The property is supported by over 478,000 residents within a 10-mile radius, coupled with average household incomes exceeding $100,000, providing a deep customer base with solid purchasing power that supports consistent traffic and long-term QSR performance.
Strong Traffic Counts & Excellent Visibility | The site benefits from outstanding frontage along John D. Rockefeller Memorial Highway, which carries over 29,000 vehicles per day, providing exceptional exposure.
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