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Investment Highlights

  • Lease term through 09/30/2042
  • Outparcel to Heights Plaza Shopping Center
  • The parcel would need to be subdivided in the event of an individual sale
  • Net leased investment

Executive Summary

Operated by Delight Restaurant Group, this +/- 3,000 SF Wendy’s presents a net leased sale opportunity, with a lease term through 09/30/2042. The property is an out parcel to Heights Plaza, which Community Market, Big Lots, UPMC, Planet Fitness, and more anchor. Located conveniently with great visibility and stoplight access to Freeport Road, this parcel would need to be subdivided in the event of an individual sale. Nearby retailers include McDonald's, Wendy's, BP, Eat n' Park, Arby's, Dairy Queen, Burger King, Sheetz, and more!
Delight Restaurant Group operates 226 Wendy’s and Taco Bell restaurants with $500 million of revenue and 7,000 employees across 8 states including Indiana, Ohio, Michigan, New York, North Carolina, Pennsylvania, Virginia, and West Virginia. Delight Restaurant Group is a member of the Top 200 list of Largest U.S. Franchisees by the Restaurant Finance Monitor.
Heights Plaza is a prominent 370,000-square-foot shopping center on approximately 28 acres in Harrison Township, Pennsylvania. Investors have the potential to invest in Heights Plaza as a single property, or as individual buildings based on a buyer's investment criteria.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,981 SF
Building Class
C
Year Built/Renovated
1955/1989
Tenancy
Single
Building Height
1 Story
Lot Size
26.76 AC
Opportunity Zone
Yes
Zoning
Commercial - Commercial
Parking
40 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
52’ on Broadview Blvd

Amenities

  • Freeway Visibility
  • Pylon Sign
  • Drive Thru
  • Air Conditioning
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

Planet Fitness
PNC Bank
Dollar Bank
KeyBank

Property Taxes

Property Taxes

Parcel Number
1519-G-00180-0000-00
Land Assessment
$4,117,440 CAD
Improvements Assessment
$3,952,743 CAD
Total Assessment
$8,070,183 CAD
  • Listing ID: 38305289

  • Date on Market: 2024-07-10

  • Last Updated:

  • Address: 1830 Broadview Blvd, Natrona Heights, PA 15065

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