MCRES Brokers Sale of 153 Defense Highway in Annapolis for $2.5 Million
Zeebari Family, LP sells free-standing building formerly housing Wendy’s restaurant to Sardi’s Peruvian Chicken franchise for 18th Maryland location
Zeebari Family, LP has sold 153 Defense Highway, a 2,332 square foot free-standing building located in Annapolis, Maryland for $2.5 million. Purchaser Sardi’s Peruvian Chicken intends to open the 18th location for the charbroiled chicken chain in a three-state area in 2025. Bryan Herr, Vice President, MacKenzie Commercial Real Estate Services, LLC represented the buyer and Hyatt Commercial Commercial Real Estate Services represented the seller in this transaction.
Headquartered in Clinton, Maryland and founded in 2008, Sardi’s Peruvian Chicken currently operates locations throughout Maryland, Pennsylvania, and Virginia. Regarded for its authentic Peruvian recipes, together with a variety of Latin and South American specialties, signature menu items include charbroiled chicken, grilled meat and seafood such as steak and gulf shrimp skewers, marinated salmon, seasoned whitefish, quesadillas, chicken and steak sandwiches, soups and salads.
The new site represents the chain’s second in Anne Arundel County, joining a location in Glen Burnie. Additional locations operational outside the suburban Maryland region include restaurants in Frederick and Hagerstown.
Situated adjacent to Gateway Village, featuring Safeway, Dick’s Sporting Goods, Staples, and PetSmart, and shadow-anchored by The Home Depot, 153 Defense Highway features a drive-through window, frontage along Defense Highway (MD Route 450) and a free surface parking lot suitable for nearly 40 vehicles. Positioned at a signalized intersection, nearly 32,000 vehicles pass the site on a daily basis.
“Defense Highway is an extremely vibrant retail corridor surrounded by dense residential neighborhoods, and this site represents the ideal location to introduce Sardi’s Peruvian Chicken to the greater Annapolis-area community,” said Bryan Herr of MacKenzie Commercial Real Estate Services. “Transitioning the building to the new restaurant format will be facilitated by its former restaurant use, and the availability of a drive-through window is a significant amenity which is extremely popular among consumers. The free-standing building’s strategic positioning overlooking a major roadway and adjacent to retail power center are additional advantages that will benefit this use. The buyer acted quickly and decisively to purchase this asset at below replacement cost.”
MacKenzie Commercial Real Estate Services is the real estate brokerage arm of The MacKenzie Companies, which operates five full-service divisions addressing all real estate asset classes including MacKenzie Management Company, MacKenzie Contracting Company, MacKenzie Capital and MacKenzie Investment Group. The company provides customized real estate solutions for institutional owners, investors, private companies, and individuals. For additional information, visit www.mackenziecommercial.com
