4321 George Washington Mem Hwy - Fast Food FOR SALE


Yorktown, VA 23692
$2,210,039 USD
332-345-4185
4321 George Washington Mem Hwy, Yorktown, VA for Sale
$2,210,039 USD
Fast Food - FOR SALE
1/3
null | 6.15% Cap Rate

4321 George Washington Mem Hwy
Yorktown, VA 23692


HIGHLIGHTS

  • Experienced Wendy’s Franchisee | WEN-GAP LLC
  • Long-Term Triple Net (NNN) Lease
  • Excellent Frontage | 45,000 Vehicles Per Day
  • Dense Retail Corridor

OVERVIEW

Surmount is pleased to present the exclusive listing for a Wendy's located at 4321 George Washington Memorial Hwy, Grafton, VA 23692. The site consists of roughly 2,790 rentable square feet of building space on an estimated 0.9-acre parcel of land. This Wendy's is subject to a 20-year Triple Net (NNN) lease, which commenced 10/29/2012. The current annual rent is $135,917 and has scheduled increases of 5.00% every 5 years.

FOR SALE DETAILS

PRICE

$2,210,039 USD

PRICE/SF

$792 USD /SF

CAP RATE

6.15%

% 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

1985

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

Oriana Rd (nearest)

LAND ACRES

0.9 AC

LAND SF

39,204 SF

ZONING

0

APN/PARCEL ID

S05B-2795-2981

ASK ABOUT THIS PROPERTY

Alexandre MariettoSurmountMore Info
332-345-4185

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Alexandre MariettoSurmountMore Info
332-345-4185

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