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743 E Main St
Palmyra, PA 17078
Wendy's · Retail Property For Sale
Investment Highlights
- Absolute Net Lease | Zero Landlord Responsibilities | Ideal For Passive Investor
- Historical Occupancy - 30+ Years | Tenant Remodel In 2025, Showcasing Longevity And Strong Commitment
- 2,765 SF QSR W/ Drive-Thru Situated On .80 Acres | Proximity To The Hershey Company World Headquarters (4 Miles Away)
- 15+ Year Absolute NNN Lease – Stable Cash Flow Asset – Two (5-Year) Options To Renew
- 2% Rent Increases Every Year | Compounding Interest | Next Bump Scheduled March 1, 2027
- Excellent Visibility With Two Points Of Access From E Main St (US Route 422 - Benjamin Franklin Hwy) W/ 18,000+ VPD
Executive Summary
Absolute Net Lease | Zero Landlord Responsibilities | Ideal For Passive Investor
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,765 SF
Building Class
C
Year Built
1981
Price
$3,165,600 CAD
Price Per SF
$1,144.88 CAD
Cap Rate
5.25%
NOI
$166,138 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.80 AC
Frontage
Amenities
- Bus Line
- Corner Lot
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 16-2293028-358849-0000 | Improvements Assessment | $1,332,980 CAD |
| Land Assessment | $488,355 CAD | Total Assessment | $1,821,335 CAD |
Property Taxes
Parcel Number
16-2293028-358849-0000
Land Assessment
$488,355 CAD
Improvements Assessment
$1,332,980 CAD
Total Assessment
$1,821,335 CAD
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