1533 Freeway Dr - Fast Food FOR SALE


Reidsville, NC 27320
$2,616,974 USD
332-345-4222
1533 Freeway Dr, Reidsville, NC for Sale
$2,616,974 USD
Fast Food - FOR SALE
1/3
null | 5.75% Cap Rate

1533 Freeway Dr
Reidsville, NC 27320


HIGHLIGHTS

  • Long Operating History
  • Outparcel to Lowe’s Foods
  • High Visibility & Frontage
  • Surrounded by Premier Retail & Essential Services

OVERVIEW

Surmount is pleased to present the exclusive listing for a Wendy's located at 1533 Freeway Dr, Reidsville, NC 27320. The site consists of roughly 2,790 rentable square feet of building space on an estimated 0.79-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 $150,476 and has scheduled increases of 2.00% annually.

FOR SALE DETAILS

PRICE

$2,616,974 USD

PRICE/SF

$442 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wendy's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.79 AC

LAND SF

34,412 SF

ZONING

HWY BUS RD

APN/PARCEL ID

143074

ASK ABOUT THIS PROPERTY

Glen KunofskySurmountMore Info
332-345-4222

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Glen KunofskySurmountMore Info
332-345-4222

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