Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a single tenant Wendy’s Investment Property located at 11650 Lakeridge Parkway in Ashland, Virginia (the “Property”). Wendy’s has been at this location since 2014 and has 9+ years remaining on their absolute triple-net lease with four (4), 5-year renewal options. The lease calls for attractive rent increases every five years throughout the primary lease term and at the start of each renewal option. Wendy’s is situated along Lakeridge Road inside Winding Brook, a 185-acre mixed-use development that features retailers, restaurants, entertainment, hospitality and residential properties. Wendy’s enjoys outstanding frontage and visibility and is seconds from Interstate 95 and US Route 1, the area’s primary commercial and commuter corridors. The Property is surrounded by densely developed business, technology and industrial parks that are home to hundreds of businesses and thousands of employees providing a robust built-in customer base. Wendy’s is also within 2.5-miles of the Hanover County Municipal Airport and 4.5-miles of Interstate 295 and Randolph-Macon College.