Triple Net Wendy’s
For Sale
Contact for pricing
600 Shrewsbury Avenue, Tinton Falls, NJ 07701
Single-tenant Wendy’s on an approximately 1.03-acre site, offered under a 15-year absolute NNN sale-leaseback.
Property Size2,666 SF
Lot Size1.03 Acres
Days on Market123
Property Features for 600 Shrewsbury Avenue
General Information
Standard status
Active
Size
2,666 SF
Lot size
1.03 Acres
Property subtype
Retail
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 23 at 10:38AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SURMOUNT
Investment Insights
Based on property information with market context.
Marcus & Millichap presents an exclusive offering for a Wendy’s located at 600 Shrewsbury Avenue in Tinton Falls, New Jersey. The property includes 2,666 square feet of building space situated on approximately 1.03 acres of land.
The Wendy’s is being offered as a 15-year absolute triple net (NNN) sale-leaseback that will commence upon close of escrow. The lease includes 1.50% annual rental increases, with increases continuing through the eight, five-year tenant renewal option periods.
This offering is structured to provide a long-term NNN lease commitment tied to the tenant’s renewal options.
The Wendy’s is being offered as a 15-year absolute triple net (NNN) sale-leaseback that will commence upon close of escrow. The lease includes 1.50% annual rental increases, with increases continuing through the eight, five-year tenant renewal option periods.
This offering is structured to provide a long-term NNN lease commitment tied to the tenant’s renewal options.
Key Highlights
- Single‑tenant Wendy’s at 600 Shrewsbury Avenue, Tinton Falls, NJ
- 2,666 SF building on approximately 1.03 acres of land
- Offered with a 15‑year absolute triple net (NNN) sale‑leaseback starting upon close of escrow
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,422
Businesses Nearby
108k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 53%
Dining 45%
Home Improvements & Furnishings 2%
Apparel 1%
QuickChek
Shops & Services
37,331 visits/mo
0.2 miles
McDonald's
Dining
28,512 visits/mo
0.1 miles
Wendy's
Dining
12,628 visits/mo
TD Bank
Shops & Services
8,988 visits/mo
0.3 miles
Dunkin' Donuts
Dining
7,531 visits/mo
0.1 miles
Demographics for 07701, NJ
24,568
Population
11,082
Households
2.2
Avg Household Size
43
Median Age
53%
College-Educated
93%
High-School Grad
9.2 sq mi
ZIP Area
2,670
Density / Sq Mi
$113,630
Median Household Income
$62,309
Median Earnings
$1,971
Median Rent
$551,500
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Single-tenant Wendy’s on an approximately 1.03-acre site, offered under a 15-year absolute NNN sale-leaseback.
Where is this nnn property located?
The property is located at 600 Shrewsbury Avenue Tinton Falls, NJ.
What are key features of this property?
This property features: Single‑tenant Wendy’s at 600 Shrewsbury Avenue, Tinton Falls, NJ; 2,666 SF building on approximately 1.03 acres of land; Offered with a 15‑year absolute triple net (NNN) sale‑leaseback starting upon close of escrow
