1251 S Boston Rd - Retail FOR SALE


Danville, VA 24540
$1,734,771 USD
914-403-7574
1251 S Boston Rd, Danville, VA for Sale
$1,734,771 USD
Retail - FOR SALE
1/2
null | 5.75% Cap Rate

1251 S Boston Rd
Danville, VA 24540


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 Near Danville Airport

OVERVIEW

Surmount is pleased to present the exclusive listing for a Wendy's located at 12890 Booker T. Washington HWY, Hardy, VA 24101. The site consists of roughly 2,677 rentable square feet of building space on an estimated 1.03-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 $122,552 and has scheduled increases of 2.00% annually.

FOR SALE DETAILS

PRICE

$1,734,771 USD

PRICE/SF

$619 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wendy's | Part of 14 Property Portfolio

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.16 AC

LAND SF

50,530 SF

ZONING

HRC

APN/PARCEL ID

78254

ASK ABOUT THIS PROPERTY

914-403-7574

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914-403-7574

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