RIPCO Real Estate has been exclusively retained to arrange the sale of 5805 Broadway, a single-story, ~2,400 SF drive-thru QSR leased to Wendy’s located in the Kingsbridge section of the Bronx, NY.

Constructed in 2020 as a build-to-suit for Wendy’s, the lot spans ~13,300 SF on a signalized hard corner with 171 FT of frontage on Broadway and 211 FT on Kingsbridge Avenue, and exposure on W 238th Street. Wendy’s operates under a corporate 10-year lease expiring February 2030, with four 5-year renewal options carrying fixed 10% escalations that extend the rent schedule through 2050. Under the NNN lease, the tenant is responsible for real estate taxes, insurance, and maintenance of the roof, structure, and parking areas.

The property draws from one of the densest trade areas in the country, with more than 783,000 residents within three miles and consistent vehicle and pedestrian volume at the signalized Broadway intersection. Surrounding retail demand is anchored by the adjacent Riverdale Crossing shopping center and the elevated 1 train at 238th Street, which delivers daily foot traffic directly past the corner.

Contact the exclusive brokers for additional information or to arrange for property inspection.