Wendy's

69 New Jersey Route 73, Voorhees Township (Philadelphia MSA), NJ 08043

Property Information

  • For Sale $2,741,895
  • Property Type Retail - Freestanding
  • Property Size 3,321 SF
  • Lot Size 1.99 Acre
  • Property Tenancy Single Tenant
  • Year Built 1996
  • Date Updated May 11, 2026

Description

The property is positioned within Voorhees Township, an established suburban community in Camden County known for strong household incomes, dense residential neighborhoods, and a healthy base of daily-needs and service-oriented retail. Voorhees benefits from proximity to major employment centers in Cherry Hill, Camden, and Philadelphia, while retaining a convenient suburban environment attractive to families and professionals. The area is anchored by a robust commercial corridor along New Jersey Route 73, a primary north–south thoroughfare connecting to I-295 and the NJ Turnpike, driving consistent traffic and visibility for retailers and restaurants. National brands in the immediate trade area include Target, Lowe’s, Chick-fil-A, Chipotle, Starbucks, Panera Bread, Jersey Mike’s, and TD Bank, creating a regional retail draw that supports both daytime and evening activity. Voorhees Township is also home to several notable points of interest, including the Voorhees Town Center, Virtua Voorhees Hospital, the Skate Zone Hockey Facility, and numerous medical offices, schools, and civic facilities. The presence of Virtua’s healthcare campus and the nearby medical cluster strengthens weekday traffic and broadens the trade area beyond local residents. Strong demographics, accessibility, and complementary national retailers make this location well-suited for long-term retail performance, supporting the investment profile of a freestanding Absolute NNN Wendy’s or similar single-tenant use.Very Strong Operator - Wend New Jersey, LLC is a wholly owned subsidiary of the Flynn Group, the largest Wendy's franchisee in North America

Highlights

  • Absolute triple net (NNN) lease structure with zero landlord responsibilities, delivering a passive investment profile with minimal management requirements
  • Approximately 8.5 years of remaining lease term featuring contractual 1.5% annual rental increases, providing built-in income growth and long-term cash flow visibility
  • Eight (8) five-year renewal options with 270-day notice, with rental increases continuing throughout option periods, supporting long-term hold strategies and income durability
  • Growing and Flourishing Area - Preliminary Development Plans for a Tesla Dealership Directly Next Door on Route 73 Across Lafayette Ave. (Preliminary - Not Approved as of Feb 2026)
  • High image prototype Wendy’s restaurant featuring drive-thru service, consistent with modern brand standards and optimized operational design
  • Located within a highly affluent trade area featuring strong population demographics, high-end residential communities, and consistent consumer traffic drivers
  • Oversized land parcel approaching two acres, offering strong underlying real estate value and long-term flexibility
  • Prime positioning along Berlin-Cresson Road (Route 73) in Voorhees Township, a highly desirable southern New Jersey suburb within the Philadelphia MSA
  • Proven operating history with tenant occupancy at the site for many years and a decades-long operating history as a Wendy’s location, demonstrating sustained site performance and established consumer demand - 30 Year Operating History (Opened in 1996)
  • Strong operating performance with healthy reported sales volumes (contact agent for additional details)
  • Strong visibility, frontage, and signage along a major commercial corridor surrounded by national retailers and established retail anchors
  • Wend New Jersey, LLC (Flynn Group), the largest Wendy’s franchisee in North America and one of the largest restaurant operators across multiple national brands, providing strong operational backing and experienced sponsorship
  • Wendy’s is a nationally recognized quick-service restaurant brand with significant market presence, strong brand equity, and decades of operating history, reinforcing long-term tenant stability

Contacts

Deno Bistolarides

Encore Real Estate Investment Services

Location

Contact Listing Broker
Deno Bistolarides

Encore Real Estate Investment Services

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