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3440 Donnell Dr
Forestville, MD 20747
Wendy's | Forestville MD (Washington DC MSA) · Retail Property For Sale
Investment Highlights
- 10 Years Remaining | Recent Renewal | Established Location | Recent Remodel
- Outparcel to Penn Mar Shopping Center | Across From Centre at Forestville
- Capital Beltway (I-495) | Regional Connectivity
- Absolute NNN Ground Lease | Land Ownership | Zero Landlord Responsibilities
- Dense Retail Corridor | Excellent Visibility & Access
- Strong Demographics In 5-mile Trade Area
Executive Summary
• Wend Central Maryland LLC Lease (+/-50 units)
• 10 years remaining with 2 (5-year) option periods to extend
• The site was remodeled for the tenant in 2022
• Wendy’s has been in this location since 1987, highlighting their long-term commitment to the site
• 10 years remaining with 2 (5-year) option periods to extend
• The site was remodeled for the tenant in 2022
• Wendy’s has been in this location since 1987, highlighting their long-term commitment to the site
Property Facts
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,675 SF
Building Class
C
Year Built/Renovated
1977/2022
Price
$4,310,859 CAD
Price Per SF
$1,611.54 CAD
Cap Rate
5.50%
NOI
$237,167 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.69 AC
Zoning
CGO - Commercial, General, Office
Parking
34 Spaces (12.71 Spaces per 1,000 SF Leased)
Frontage
161’ on Donnell Drive
Amenities
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 06-0586370 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $3,056,943 CAD |
Property Taxes
Parcel Number
06-0586370
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$3,056,943 CAD
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