Thursday, September 8, 2011

Pen-Parkman Acquires 3,500-SF Wendy's in Glenolden

"132 N. MacDade Blvd., a 3,500-square-foot fast food restaurant in Glenolden, PA, sold to Pen-Parkman LLC for $2.16 million, or about $617 per square foot.

This location is occupied by Wendy's on a triple-net lease. The property is surrounded by major retailers in free-standing locations as well as in the surrounding shopping centers: Glenolden Shopping Center, Pathmark Shopping Center, and Creekside Plaza."

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