1600 Richmond Ave
Point Pleasant Beach, NJ 08742

Brand New to the Market!
Turn-key Wendy’s location with Drive-Thru available for Sublease

1600 Richmond Avenue, Point Pleasant Beach, NJ
Block: 13.01, Lot: 2

3,720 SF Freestanding quick-service restaurant (Wendy’s) sublease with Drive-Thru. 
Fully Renovated in 2017.  Located on approximately 1.05 AC of land. 

Lease Details:
•	20-year initial lease term with four (4) five (5) year options.
•	Lease commenced in 2017 and expires in August 2037 - 11 years and 9 months remaining on initial lease term.
•	10% rent increases every 5 years.  Rent increases in 2027

Rent Details:
•	$26.61 PSF NNN
•	CAM:  Tenant direct to vendors for CAM
•	2025 Insurance:  Tenant pays direct - $30,228.00 
•	2025 RE Taxes:   Tenant reimburses Landlord - $24,499.16
•	Water & Sewer:  Tenant reimburses Landlord - 	

Key Highlights:
o	Prime QSR Location
o	Turnkey Freestanding QSR with drive-thru – highly desirable for fast food / QSR operators.
o	High visibility on Richmond Avenue, a major arterial (Route 35) in Point Pleasant Beach.
o	Dual Means of Ingress & Egress.
o	Building was fully renovated in 2017 – Limited Deferred Maintenance.
o	46 Parking Spaces Onsite.
o	Traffic Count:  24,204 vehicles per day

Occupancy Calculations:
o	Dining area is 1271 SF.
o	Kitchen area is 960 SF.
o	Service Area is 277 SF.
o	One Men & Women’s Restroom.
o	Total Occupancy: 92

Population (2024):
•	1-mile: ~11,032 people 
•	3-mile: ~51,803 people 
•	5-mile: ~111,027 people 

WE CANNOT CONFIRM THE ORIGINAL CONSTRUCTION DATE - BUILDING WAS FULLY RENOVATED IN 2017.

For more information please contact Matt Miller.  Contact information below:
Cell:  908-770-0686
Email:  matt@legacyrealtynj.com

• Date available: Now
• Lease term: None
• Service type: Triple Net
• Built out as: Fast Food
• Space Type: Sublet