3461 Old Halifax Rd - Fast Food FOR SALE


South Boston, VA 24592
$2,454,634 USD
914-403-7574
3461 Old Halifax Rd, South Boston, VA for Sale
$2,454,634 USD
Fast Food - FOR SALE
1/2
null | 6.15% Cap Rate

3461 Old Halifax Rd
South Boston, VA 24592


HIGHLIGHTS

  • Outparcel to Walmart
  • Proximity to Institutions
  • Visibility from Halifax Rd
  • Dense Retail Corridor

OVERVIEW

Surmount is pleased to present the exclusive listing for a Wendy's located at 3461 Old Halifax, South Boston, VA 24592. The site consists of roughly 2,522 rentable square feet of building space on an estimated 0.76 acre parcel of land. This Wendy's is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $150,960 and has scheduled increases of 2.00% annually.

FOR SALE DETAILS

PRICE

$2,454,634 USD

PRICE/SF

$973 USD /SF

CAP RATE

6.15%

% 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

1992

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.76 AC

LAND SF

33,106 SF

ZONING

-

APN/PARCEL ID

27955

ASK ABOUT THIS PROPERTY

914-403-7574

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914-403-7574

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