12890 Booker T Washington Hwy - Fast Food FOR SALE


Hardy, VA 24101
$2,131,341 USD
914-403-7574
12890 Booker T Washington Hwy, Hardy, VA for Sale
$2,131,341 USD
Fast Food - FOR SALE
1/2
null | 5.75% Cap Rate

12890 Booker T Washington Hwy
Hardy, VA 24101


HIGHLIGHTS

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

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

$2,131,341 USD

PRICE/SF

$796 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

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.03 AC

LAND SF

44,867 SF

ZONING

LPSM

APN/PARCEL ID

0300005206

ASK ABOUT THIS PROPERTY

914-403-7574

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914-403-7574

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