102 Crossing Way - Fast Food FOR SALE


Staunton, VA 24401
$2,020,769 USD
914-403-7574
102 Crossing Way, Staunton, VA for Sale
$2,020,769 USD
Fast Food - FOR SALE
1/2
null | 5.5% Cap Rate

102 Crossing Way
Staunton, VA 24401


HIGHLIGHTS

  • Prime Outparcel Location Adjacent to New Hotels
  • Strong Growth Corridor with New Development
  • Dense National Retail Corridor
  • Excellent Visibility on Major Corridor

OVERVIEW

Surmount is pleased to present the exclusive listing for a Wendy's located at 102 Crossing Way, Staunton, VA 24101. The site consists of roughly 5,800 rentable square feet of building space on an estimated 1.43-acre parcel of land. This Wendy's is subject to a 20-year Triple Net (NNN) lease, which commenced 9/4/2025. The current annual rent is $111,142 and has scheduled increases of 2.00% annually.

FOR SALE DETAILS

PRICE

$2,020,769 USD

PRICE/SF

$348 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wendy's | Part of 14 Property Portfolio

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.43 AC

LAND SF

62,291 SF

ZONING

B2

APN/PARCEL ID

101304

ASK ABOUT THIS PROPERTY

914-403-7574

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914-403-7574

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