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Single-Tenant NNN Property
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220 W Lancaster Ave, Paoli, PA 19301

A Wendy’s restaurant occupies a corner parcel along W Lancaster Avenue in Paoli.

Property SizeContact for details
Days on Market142

Property Features for 220 W Lancaster Ave

General Information

Standard status Active
Property subtype Retail
Listing Agency: Forged Real Estate
Listed By: Stephen Schrenk · License #NJ
Source: Crexi
Added: Apr 10 Changed: Aug 29 Last Checked: Aug 29 at 7:02PM

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 NNN property is occupied by a single Wendy’s restaurant on a corner parcel at 220 W Lancaster Ave in Paoli, Pennsylvania. The lease has 13 years remaining and provides 2% annual rental increases. Two (2), ten (10) year options are included, and the lease carries no landlord responsibility.

The property fronts W Lancaster Avenue, identified as US - Route 30, along Paoli’s primary retail corridor. The surrounding Main Line communities include affluent residential populations, with average household income within a 3-mile radius reported at nearly $177,000 and an estimated population of approximately 80,000 people. The tenant is Yellow Cab Holdings Pennsylvania LLC.

Key Highlights

  • Single‑tenant Wendy’s restaurant on a corner parcel
  • 13 years remaining on the lease
  • 2% annual rental increases, including option periods

Property Analytics

Current Use

Wendy's Restaurant K&Q ChmneyServices General Contractor

Suggested Use

Top Pick Big Box & Wholesale Store Storage Facility Garden Center Food Market Grocery & Convenience Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,654
Businesses Nearby
62k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 58% Dining 42%
Wawa Shops & Services
25,392 visits/mo 0.3 miles
Starbucks Dining
15,294 visits/mo 0.2 miles
Wendy's Dining
10,842 visits/mo 0.1 miles
Concord Pet Foods & Supplies Shops & Services
4,600 visits/mo 0.3 miles
TD Bank Shops & Services
2,442 visits/mo 0.1 miles

Demographics for 19301, PA

7,542
Population
3,283
Households
2.3
Avg Household Size
44
Median Age
75%
College-Educated
97%
High-School Grad
3.6 sq mi
ZIP Area
2,095
Density / Sq Mi
$157,500
Median Household Income
$80,767
Median Earnings
$1,802
Median Rent
$537,300
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - A Wendy’s restaurant occupies a corner parcel along W Lancaster Avenue in Paoli.
Where is this nnn property located?
The property is located at 220 W Lancaster Ave Paoli, PA.
What are key features of this property?
This property features: Single‑tenant Wendy’s restaurant on a corner parcel; 13 years remaining on the lease; 2% annual rental increases, including option periods
(610) 608-2621 Call to check price and availability
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