5170 Reidsville Rd - Fast Food FOR SALE


Walkertown, NC 27051
$1,450,000 USD
407-557-3842
5170 Reidsville Rd, Walkertown, NC for Sale
$1,450,000 USD
Fast Food - FOR SALE
1/2
null | 5.65% Cap Rate

5170 Reidsville Rd
Walkertown, NC 27051


HIGHLIGHTS

  • Wendy’s Sale Leaseback from Top Wendy’s Franchisee
  • NNN Lease with No Landlord Responsibilities
  • Highly Accessible to Multifamily Apartments and Neighborhoods
  • Close Proximity to Major Retailers
  • Strategic Location Along Reidsville Road

OVERVIEW

This is part of a six property Wendy's portfolio with locations in North Carolina and Virginia. Each property in the portfolio is available separately. 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.

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$588 USD /SF

CAP RATE

5.65%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wendy's | Part of 6 Property Portfolio

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

HB-S

APN/PARCEL ID

6868-40-0312

ASK ABOUT THIS PROPERTY

Douglas KinsonMarcus & MillichapMore Info
407-557-3842

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Douglas KinsonMarcus & MillichapMore Info
407-557-3842

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.