2301 Wards Rd - Fast Food FOR SALE


Lynchburg, VA 24502
$2,056,000 USD
408-453-7419
2301 Wards Rd, Lynchburg, VA for Sale
$2,056,000 USD
Fast Food - FOR SALE
1/6
null | 6% Cap Rate

2301 Wards Rd
Lynchburg, VA 24502


HIGHLIGHTS

  • Lease Extended Through August 2036 | Tenant recently exercised a renewal option, demonstrating long-term commitment to the location.
  • Prime Wards Road Corridor | Positioned along Wards Rd (41,000 VPD) with access to Lynchburg Expwy (46,000 VPD) and Jerry Falwell Pkwy (52,000 VPD).
  • Surrounded by Major Demand Drivers | River Ridge Mall, Liberty University, Walmart, Target, Sam’s Club, Chick-fil-A, and Hobby Lobby.
  • Strong Regional Demographics | 97K+ Residents, 73K+ Employees, and 119K+ Daytime Population within 5 miles.
  • Ideal 1031 Exchange Opportunity | Passive net lease investment backed by a nationally recognized brand and strong underlying real estate.
  • Also part of a 2-Property Portfolio | Properties can be purchased as a portfolio or individually. KFC 1304 Ave of Mid-America, Effingham, IL 62401

OVERVIEW

Strategically located along Lynchburg’s premier retail corridor, this net-leased KFC offers a long-term lease through 2036, absolute NNN structure, and strong traffic exposure near Liberty University, River Ridge Mall, Walmart, and Target. Stable income backed by proven real estate. ** This property is also part of a 2-Property Portfolio** Properties can be purchased as a portfolio or individually. 1304 Avenue of Mid-America, Effingham, IL 62401 https://www.cbredealflow.com/buyer/agreement?pv=BTOFD6_37615PvhaIveO5LGT-TEZdrBOg064EPeY3P5YLCAUDmMwFPPq1YTDF-Pk

FOR SALE DETAILS

PRICE

$2,056,000 USD

PRICE/SF

$493 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

KFC

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

0.74 AC

LAND SF

32,191 SF

ZONING

B3

APN/PARCEL ID

161-01-024

ASK ABOUT THIS PROPERTY

James KayeCBRE, Inc.More Info
408-453-7419

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James KayeCBRE, Inc.More Info
408-453-7419

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