1416 Piney Forest Rd - Retail FOR SALE


Danville, VA 24540
$2,447,669 USD
914-403-7574
1416 Piney Forest Rd, Danville, VA for Sale
$2,447,669 USD
Retail - FOR SALE
1/2
null | 5.75% Cap Rate

1416 Piney Forest Rd
Danville, VA 24540


HIGHLIGHTS

  • Long Operating History
  • Excellent Visibility on Major Corridor
  • High-Growth Trade Area with Dense Housing
  • Surrounded by Premier Retail & Essential Services

OVERVIEW

Surmount is pleased to present the exclusive listing for a Wendy's located at 1416 Piney Forest Road, Danville, VA 24540. The site consists of roughly 2,677 rentable square feet of building space on an estimated 0.82-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 $140,741 and has scheduled increases of 2.00% annually.

FOR SALE DETAILS

PRICE

$2,447,669 USD

PRICE/SF

$864 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

2005

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.82 AC

LAND SF

35,719 SF

ZONING

HRC

APN/PARCEL ID

52347

ASK ABOUT THIS PROPERTY

914-403-7574

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914-403-7574

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