About This Restaurant
Investment Highlights
Wendy?s Sale Leaseback from Top Wendy?s Franchisee Close Proximity to Major Retailers & Businesses NNN Leases with No Landlord Responsibilities Wendy's Three Property Portfolio Available
Executive Summary
This investment opportunity includes sale leaseback opportunities from one of the strongest Wendy?s franchisees, who has operated many Wendy?s locations throughout the U.S. East Coast for years.The Wendy?s franchisee at this location was founded in 1988 and has expanded to over 25 Wendy?s restaurants across Virginia and North Carolina through acquisition and development.
Property Details
- Sale Type Investment NNN
- Property Type Retail
- Property Subtype Fast Food
- Building Size 2,677
- Building Class C
- Year Built 2004
- Price 2,450,000
- Price Per SF 915
- Cap Rate 5.65
- NOI 138,425
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.06
- Land Acres 1.03 AC
Amenities
- Pylon Sign
- Drive Thru
Property Taxes
| Parcel Number | 0300005206 | Improvements Assessment | $358,200 |
| Land Assessment | $644,200 | Total Assessment | $1,002,400 |
| Date Created: | 2024-07-16 04:23:48 | Last Updated: | 2024-07-16 04:23:48 |
| Address: | 12890 Booker T Washington Hwy , Hardy, Virginia, 24101 | ||