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1660 S Market St 2,588 SF Retail Building Elizabethtown, PA 17022 $2,850,744 CAD ($1,101.52 CAD/SF) 7% Cap Rate
Investment Highlights
- Strong Franchisee Guarantee
- Harrisburg International Airport
- Adjacent to Market Street Square
- Proximity to Elizabethtown College
Executive Summary
SURMOUNT is pleased to present the exclusive listing for a Wendy's located at 1660 South Market Street, Elizabethtown, Pennsylvania 17022. The site consists of roughly 2597 rentable square feet of building space on an estimated 0.86-acre parcel of land. This Wendy's is subject to a 20-year Triple Net (NNN) lease, which commenced 4/19/2017. The current annual rent is $141,444 and has scheduled increases of 10% on 5/1/2027.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,588 SF
Building Class
C
Year Built
1999
Price
$2,850,744 CAD
Price Per SF
$1,101.52 CAD
Cap Rate
7%
NOI
$199,552 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.94 AC
Zoning
C-2
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 460-49532-0-0000 | Improvements Assessment | $608,205 CAD |
| Land Assessment | $284,421 CAD | Total Assessment | $892,626 CAD |
Property Taxes
Parcel Number
460-49532-0-0000
Land Assessment
$284,421 CAD
Improvements Assessment
$608,205 CAD
Total Assessment
$892,626 CAD
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1660 S Market St
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