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34223024
34223025

89 Restaurant Row, Uniontown, PA 15401 For Sale

PD
CA CA 01797033
Deltondo Advisory Group Irvine
Listed by Deltondo Advisory Group Irvine
$1,474,000
11 days on market
Updated 11 days ago

Wendy’s - 4.0% Rent-to-Sales

Details
APN 34-04-0003-02
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 2,650
Net Rentable (SqFt) 2,650
Units 1
Cap Rate 5%
NOI $73,700
Occupancy 100%
Tenancy Single
Brand/Tenant Wendy's
Lease Type Absolute NNN
Lease Term 25.8
Lease Expiration 12/31/2031
Remaining Term 5.5
Rent Bumps Yes
Lease Options Three, 5-Year Remaining (1 of 4 Exercised)
Year Built 2006
Year Renovated 2020
Acreage 0.840
Tenant Credit Franchisee
Lease Commencement 04/01/2006
Ground Lease Yes
Ownership Ground Lease

4.0% Rent-to-Sales

Investment highlights

ABSOLUTE-NNN GROUND LEASE ZERO LANDLORD RESPONSIBILITIES

Tenant Is Responsible For All Property Operating Expenses Under An Absolute-NNN Ground- Lease Structure; Landlord Has No Ongoing Maintenance, Tax, Insurance Or Property-Level Operating Responsibilities

UNIONTOWN’S CORE RETAIL CORRIDOR - WALMART, TARGET, LOWE’S & HOME DEPOT

Restaurant Row Is Positioned In The Uniontown Mall Trade Area Off Route 40 And Route 119, Near National Retail Anchors Including Walmart Supercenter, Target, Lowe’s And Home Depot.

10% RENT BUMPS EVERY 5 YEARS | 46% RENT GROWTH THROUGH OPTION SCHEDULE

Contractual Rent Steps Increase Annual Rent From $67,000 Today To $98,095 In 2042, Representing A 46.4% Increase Over Current Rent

DENSE DAYTIME QSR TRADE AREA

The 1-Mile Daytime Population Of 8,520 Is More Than 2.0x The 1-Mile Residential Population, While The 5-Mile Trade Area Includes 36,886 Residents And 22,155 Daytime Population

ESTABLISHED WENDY’S LOCATION RENT COMMENCEMENT IN 2006

Wendy’s Has Operated At The Site Since The Original 4/1/2006 Rent Commencement, With

The Tenant Recently Exercising Its First 5-Year Renewal Option

PUBLIC-COMPANY WENDY’S BRAND 7,251 GLOBAL RESTAURANTS

Wendy’s Reported 7,251 Global Restaurants At Q1 2026 Quarter-End, Including 5,805 U.S. Restaurants And 1,446 International Restaurants.

Listing Contacts

PD
CA CA 01797033
Deltondo Advisory Group Irvine
Listed by Deltondo Advisory Group Irvine

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$73,700.00
$6,141.67/mo

Valuation Metrics

0
DSCR
5%
Cap Rate
5%
ROI

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Additional Information

Name
Timothy Stephenson
License
RMR006104
Brokerage
Marcus & Millichap
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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