7370 Peppers Ferry Blvd - Fast Food FOR SALE


Fairlawn, VA 24141
$2,007,063 USD
914-403-7574
7370 Peppers Ferry Blvd, Fairlawn, VA for Sale
$2,007,063 USD
Fast Food - FOR SALE
1/2
null | 5.75% Cap Rate

7370 Peppers Ferry Blvd
Fairlawn, VA 24141


HIGHLIGHTS

  • Outparcel to Walmart and Lowe’s
  • Surrounded by Premier Retail & Essential Services
  • Excellent Visibility on Major Corridor
  • Strong Surrounding Demographics

OVERVIEW

Surmount is pleased to present the exclusive listing for a Wendy's located at 7370 Peppers Ferry Blvd, Radford, VA 24141. The site consists of roughly 3,419 rentable square feet of building space on an estimated 0.8-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 $124,663 and has scheduled increases of 2.00% annually.

FOR SALE DETAILS

PRICE

$2,007,063 USD

PRICE/SF

$783 USD /SF

CAP RATE

5.75%

% 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

1964

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.81 AC

LAND SF

35,284 SF

ZONING

CM-1

APN/PARCEL ID

0290010000011A

ASK ABOUT THIS PROPERTY

914-403-7574

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914-403-7574

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