Wasa Properties Announces the Sale of McDonald’s Restaurant

Brooklyn, NY – Wasa Properties announces the sale of a McDonald’s Restaurant outparcel in Flanders, New Jersey. McDonald’s Restaurant is an outparcel to Sutton Plaza, a community shopping center anchored by high grossing Weis and Tractor Supply. Sutton Plaza benefits from outstanding visibility from Route 206 in addition to excellent demographics with an average household income of $122,930 and over 50% hold a bachelor degree or higher within one-mile radius.

Wasa Properties acquired McDonald’s Restaurant as part of Sutton Plaza in 2015 which included 146,351 square feet of retail space. Wasa Properties executed a new 20-year lease with McDonald’s Restaurant, subdivided the outparcel and sold the asset to a private investor.

McDonald’s Restaurant outparcel was brokered by CBRE.  

Shlomo Bistritzky

Founding Principal