Just Listed: Very Rare Bronx NY Ground Lease | Wendy’s Corporate

Agent Info

Brandon Hanna

248.702.0290
bhanna@encorereis.com

Deno Bistolarides

248.702.0288
denob@encorereis.com

Request More Info

Offering Information

4330 Boston Road
Bronx, NY 10475

  • Price: $3,700,000
  • Cap. Rate: 4.55%
  • NOI: $168,750
  • Building Size: 2,263SF
  • Lot Size: .46 AC

Investment Highlights

  • 2,263 SF Building on Approximately 0.46 Acres of Land in the Bronx
  • Ground Lease with (4) Five Year Options to Renew
  • Long Established Wendy’s Location - 30 Years on Site
  • Surrounded by Many National Tenants Including: Dave & Busters, Marshalls, Panera, Home Goods, Modell's, Dollar Tree and Michaels
  • Traffic counts Exceed 22,692 VPD on Boston Road
  • Property is Less Than 1 Mile From Interstate 95 With Traffic Counts Exceeding 137,000 VPD
  • Five Mile Population of 1.2 Million