538 Akron Dr - Fast Food FOR SALE


Winston-Salem, NC 27105
$1,947,826 USD
332-345-4222
538 Akron Dr, Winston-Salem, NC for Sale
$1,947,826 USD
Fast Food - FOR SALE
1/1
null | 5.75% Cap Rate

538 Akron Dr
Winston-Salem, NC 27105


HIGHLIGHTS

  • Strong Franchisee Guarantee
  • Close - Proximity to Wake Forest University
  • Close - Proximity to Smith Reynolds Airport

OVERVIEW

Surmount is pleased to present the exclusive listing for a located at 538 Akron Drive, Winston-Salem, NC 27105. The site consists of roughly 2,854 rentable square feet of building space on an estimated .69-acre parcel of land. is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $112,000 and has scheduled increases of Lesser of Change in CPI or 1.50% Annually.

FOR SALE DETAILS

PRICE

$1,947,826 USD

PRICE/SF

$794 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

1988

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,070 SF

ZONING

HB HIGHWAY

APN/PARCEL ID

6837-41-5765

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.