NNN Restaurant Investment
For Sale
Contact for pricing
153 E Swedesford Road, Exton, PA 19341
Single-tenant restaurant with a long-term lease, scheduled annual increases, and no landlord responsibility.
Property SizeContact for details
Days on Market145
Property Features for 153 E Swedesford Road
General Information
Standard status
Active
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
Forged Real Estate
(610) 608-2621
Listed By:
Stephen Schrenk · License #NJ
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 31 at 3:12AM
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 Forged Real Estate
Investment Insights
Based on property information with market context.
This fee-simple property is occupied by Wendy’s under a single-tenant NNN lease with 13.5 years remaining in the base term. Contractual rent increases are set at 2% annually, and the lease provides two (2), ten (10) year renewal options carrying the same increases. The lease is guaranteed by Starboard Group, which operates more than 182 Wendy’s restaurants, and assigns no landlord responsibility.
The restaurant occupies an outparcel position at Fairfield Place, a 307,000 SF shopping center anchored by Giant and joined by TJ Maxx, Ross Dress for Less, Men’s Wearhouse, Panera Bread, Raymour & Flanigan, Staples, and Dress Barn. Exton Square Mall, a 1,088,000 SF regional retail property with Macy’s, Boscov’s, Main Line Health, and Whole Foods, is directly across the street. The property is located at 153 E Swedesford Road in Exton, Pennsylvania.
The restaurant occupies an outparcel position at Fairfield Place, a 307,000 SF shopping center anchored by Giant and joined by TJ Maxx, Ross Dress for Less, Men’s Wearhouse, Panera Bread, Raymour & Flanigan, Staples, and Dress Barn. Exton Square Mall, a 1,088,000 SF regional retail property with Macy’s, Boscov’s, Main Line Health, and Whole Foods, is directly across the street. The property is located at 153 E Swedesford Road in Exton, Pennsylvania.
Key Highlights
- Wendy’s lease has 13.5 years remaining in the base term
- 2% annual rent increases with two (2), ten (10) year renewal options
- Lease guarantee from Starboard Group, operator of more than 182 Wendy’s restaurants
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,094
Businesses Nearby
549k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 23%
Dining 23%
Groceries 19%
Superstores 18%
Target
Superstores
98,798 visits/mo
0.4 miles
Giant Food Store
Groceries
55,054 visits/mo
0.2 miles
Whole Foods Market
Groceries
48,163 visits/mo
0.4 miles
Boscov's
Apparel
48,030 visits/mo
0.3 miles
T.J. Maxx
Apparel
43,778 visits/mo
0.4 miles
Demographics for 19341, PA
18,808
Population
9,209
Households
2
Avg Household Size
40
Median Age
64%
College-Educated
98%
High-School Grad
13.7 sq mi
ZIP Area
1,373
Density / Sq Mi
$122,992
Median Household Income
$71,565
Median Earnings
$2,045
Median Rent
$486,900
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
NNN property - Single-tenant restaurant with a long-term lease, scheduled annual increases, and no landlord responsibility.
Where is this nnn property located?
The property is located at 153 E Swedesford Road Exton, PA.
What are key features of this property?
This property features: Wendy’s lease has 13.5 years remaining in the base term; 2% annual rent increases with two (2), ten (10) year renewal options; Lease guarantee from Starboard Group, operator of more than 182 Wendy’s restaurants
