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300 S Black Horse Pike 2,734 SF Retail Building Bellmawr, NJ 08031 $4,433,780 CAD ($1,621.72 CAD/SF) 5.19% Cap Rate



Investment Highlights
- Site Commitment & Lease Term
- Zero Management Responsibilities
- Strategic Retail Location
- Attractive Rent Increases
- Strong Operator
- Strong Demographics
Executive Summary
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a single tenant Wendy’s Investment Property located at 300 South Black Horse Pike in Bellmawr, New Jersey (the “Property”). Wendy’s has a long operating history at the Property and in 2019 demonstrated their ongoing commitment to the site by signing a brand-new, 15-Year Absolute NNN Lease. There are currently over 8 years of term remaining on the lease followed by eight (8), 5-year renewal options. The lease calls for attractive 2.00% annual rent increases throughout the base term and renewal options. Wendy’s is well positioned along S Black Horse Pike (Route 168), a primary commercial corridor serving Bellmawr and the greater Camden County trade area. The Property offers strong frontage and visibility along this heavily traveled thoroughfare and benefits from immediate access to Route 42, Interstate 295, and the New Jersey Turnpike (I-95), providing excellent regional connectivity. Surrounded by national retailers, restaurants, and established residential neighborhoods, the site enjoys consistent consumer traffic and a built-in customer base, further supported by its proximity to Deptford Mall, a dominant regional shopping destination.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,734 SF
Building Class
C
Year Built
2015
Price
$4,433,780 CAD
Price Per SF
$1,621.72 CAD
Cap Rate
5.19%
NOI
$230,130 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.52 AC
Zoning
C
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Accommodation and Food Services
- -
- -
- -
Wendy's began in 1969 when Dave Thomas opened the first location in Columbus, Ohio. The chain became known for its square hamburger patties and signature Frosty desserts. Over time, Wendy's expanded internationally through franchising. Today, the restaurant operates thousands of locations worldwide while maintaining its focus on quick-service fast food. Wendy's continues building its global presence through both company-owned and franchised restaurant models.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
Accommodation and Food Services | - | - | - |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 04-00147-0000-00001 | Improvements Assessment | $588,655 CAD |
| Land Assessment | $417,109 CAD | Total Assessment | $1,005,764 CAD |
Property Taxes
Parcel Number
04-00147-0000-00001
Land Assessment
$417,109 CAD
Improvements Assessment
$588,655 CAD
Total Assessment
$1,005,764 CAD
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300 S Black Horse Pike
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