Wendy's Drive-Through
For Sale
Contact for pricing
5902 Wattsburg Rd, Erie, PA 16509
Corporate-guaranteed occupancy is structured under an absolute NNN lease with renewal options.
Property SizeContact for details
Days on Market144
Property Features for 5902 Wattsburg Rd
General Information
Standard status
Active
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
Horvath & Tremblay
Listed By:
Matthew Nadler · License #MA 134870
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 10:25AM
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 Horvath & Tremblay
Investment Insights
Based on property information with market context.
The property is a Wendy’s drive-through restaurant at 5902 Wattsburg Road in Erie, Pennsylvania. Wendy’s has operated at the site for an extended period, and the current lease was signed in 2016 for a 20-year base term.
Lease structure is absolute NNN, with 15+ years remaining in the current term and two renewal options consisting of one 5-year period and one 4-year period. Contractual rent increases of 10% occur every 5 years during the base term and when each option begins. The lease carries a corporate guarantee from Wendy’s.
Lease structure is absolute NNN, with 15+ years remaining in the current term and two renewal options consisting of one 5-year period and one 4-year period. Contractual rent increases of 10% occur every 5 years during the base term and when each option begins. The lease carries a corporate guarantee from Wendy’s.
Key Highlights
- Corporate Wendy’s restaurant at 5902 Wattsburg Road, Erie, PA 16509
- 20‑year lease signed in 2016
- Absolute NNN lease structure
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
65
Businesses Nearby
34k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 59%
Dining 39%
Hotels & Casinos 1%
Country Fair
Shops & Services
20,340 visits/mo
0.2 miles
Wendy's
Dining
13,448 visits/mo
0.1 miles
Days Inn
Hotels & Casinos
479 visits/mo
0.3 miles
Demographics for 16509, PA
28,005
Population
12,900
Households
2.2
Avg Household Size
44
Median Age
37%
College-Educated
95%
High-School Grad
38.2 sq mi
ZIP Area
733
Density / Sq Mi
$68,880
Median Household Income
$41,143
Median Earnings
$1,074
Median Rent
$207,500
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?
Drive through restaurant - Corporate-guaranteed occupancy is structured under an absolute NNN lease with renewal options.
Where is this drive through restaurant located?
The property is located at 5902 Wattsburg Rd Erie, PA.
What are key features of this property?
This property features: Corporate Wendy’s restaurant at 5902 Wattsburg Road, Erie, PA 16509; 20‑year lease signed in 2016; Absolute NNN lease structure
