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30026062
30026063

69 NJ-73, Voorhees Township, NJ 08043 For Sale

DB
MI 6502378067, OH BRKP.2020008390
Encore Real Estate Investment Services
BH
MI 6501349119
Encore Real Estate Investment Services
BB
OH BRK.200900214, WV B200300608 (+21)
Bang Realty
Listed by Encore Real Estate Investment Services, Bang Realty
$2,741,895
138 days on market
Updated 46 days ago

Wendy's

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant (+1)
Square Footage 3,321
Cap Rate 5.75%
NOI $157,659
Occupancy 100%
Tenancy Single
Brand/Tenant Wendy's
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 07/31/2034
Remaining Term 8
Rent Bumps Yes
Lease Options Eight, Five-Year Options w/270 Day Notice
Price per SqFt $826
Year Built 1996
Buildings 1
Stories 1
Acreage 1.990
Investment Type Net Lease
Tenant Credit Franchisee
Lease Commencement 07/26/2019

Absolute NNN Lease - High End Demographics - Annual Rental Increases - Operated by the Largest Wendy

Marketing description

**WENDY'S 69 New Jersey Route 73, Voorhees Township, NJ 08043** Discover a prime investment opportunity with Wendy's at a high-traffic location in Voorhees Township, part of the Philadelphia MSA. This property offers an Absolute NNN Lease structure with no landlord responsibilities.

With over 8 years remaining on the lease term and 1.5% annual rental increases, it ensures steady income growth and minimal management requirements. Operated by Wend New Jersey, LLC, the largest Wendy’s franchisee in North America, this property boasts strong operational support and a thriving history as a Wendy’s location since 1996. Additionally, there are eight five-year renewal options, providing long-term income stability and growth potential.

Situated on nearly 2 acres of land, this 3,321 SF building features a modern drive-thru design, consistent with Wendy’s brand standards. Don’t miss out on this lucrative investment opportunity with a nationally recognized quick-service restaurant brand in a flourishing area near upcoming developments.

Investment highlights

  • Absolute triple net (NNN) lease structure with zero landlord responsibilities, delivering a passive investment profile with minimal management requirements

  • Approximately 8.5 years of remaining lease term featuring contractual 1.5% annual rental increases, providing built-in income growth and long-term cash flow visibility

  • Wend New Jersey, LLC (Flynn Group), the largest Wendy’s franchisee in North America and one of the largest restaurant operators across multiple national brands, providing strong operational backing and experienced sponsorship

  • Eight (8) five-year renewal options with 270-day notice, with rental increases continuing throughout option periods, supporting long-term hold strategies and income durability

  • Strong operating performance with healthy reported sales volumes (contact agent for additional details)

  • Proven operating history with tenant occupancy at the site for many years and a decades-long operating history as a Wendy’s location, demonstrating sustained site performance and established consumer demand - 30 Year Operating History (Opened in 1996)

  • High image prototype Wendy’s restaurant featuring drive-thru service, consistent with modern brand standards and optimized operational design

  • Wendy’s is a nationally recognized quick-service restaurant brand with significant market presence, strong brand equity, and decades of operating history, reinforcing long-term tenant stability

  • Prime positioning along Berlin-Cresson Road (Route 73) in Voorhees Township, a highly desirable southern New Jersey suburb within the Philadelphia MSA

  • Growing and Flourishing Area - Preliminary Development Plans for a Tesla Dealership Directly Next Door on Route 73 Across Lafayette Ave. (Preliminary - Not Approved as of Feb 2026)

  • Strong visibility, frontage, and signage along a major commercial corridor surrounded by national retailers and established retail anchors

  • Located within a highly affluent trade area featuring strong population demographics, high-end residential communities, and consistent consumer traffic drivers

  • Oversized land parcel approaching two acres, offering strong underlying real estate value and long-term flexibility

Listing Contacts

DB
MI 6502378067, OH BRKP.2020008390
Encore Real Estate Investment Services
BH
MI 6501349119
Encore Real Estate Investment Services
BB
OH BRK.200900214, WV B200300608 (+21)
Bang Realty
Listed by Encore Real Estate Investment Services, Bang Realty

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$157,659.00
$13,138.25/mo

Valuation Metrics

0
DSCR
5.75%
Cap Rate
5.75%
ROI

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