5801 Plank Rd - Fast Food FOR SALE


Fredericksburg, VA 22407
$3,623,499 USD
914-403-7574
5801 Plank Rd, Fredericksburg, VA for Sale
$3,623,499 USD
Fast Food - FOR SALE
1/2
null | 5% Cap Rate

5801 Plank Rd
Fredericksburg, VA 22407


HIGHLIGHTS

  • Excellent Visibility on Major Corridor
  • Long Operating History
  • Outparcel to Home Depot
  • Strong Demographics

OVERVIEW

Surmount is pleased to present the exclusive listing for a Wendy's located at 5801 Plank Rd, Fredericksburg, VA 22407. The site consists of roughly 2,795 rentable square feet of building space on an estimated 1.54-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 $181,175 and has scheduled increases of 2.00% annually.

FOR SALE DETAILS

PRICE

$3,623,499 USD

PRICE/SF

$1,296 USD /SF

CAP RATE

5%

% 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

2007

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.54 AC

LAND SF

67,082 SF

ZONING

C3

APN/PARCEL ID

12-23-9

ASK ABOUT THIS PROPERTY

914-403-7574

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914-403-7574

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