Wendy's | 4461 Cheshire Station Way
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Wendy's 4461 Cheshire Station Way
2,743 SF Retail Building Dale City, VA 22193 $5,243,107 ($1,911/SF) 4.50% Cap Rate
Investment Highlights
- Ultra Rare 20 Year Corporate Wendy's Deal in Washington, D.C MSA
- Extremely High Store Sales Performance
- Close Proximity to I-95 and Potomac Mills Shopping Mall
- Rent Increase in Less than 3 Years Which will Increase Cap Rate 5%
- Pad Site to Safeway Anchored Shopping Center
- Superior Demographics - The property and area benefits from a population over 118,0000
Executive Summary
NNN Pro is pleased to present the exclusive listing for a Wendy's located at 4461 Cheshire Station Plaza, Woodbridge, VA 22193. The site consists of roughly 2,743 rentable square feet of building space on an estimated 1.1-acre parcel of land. This Wendy's is subject to a 30-year Triple Net (NNN) lease, which commenced 8/13/2015. The current annual rent is $235,940 and has scheduled increases of 10% every 5 years.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,743 SF
Building Class
B
Year Built
2002
Price
$5,243,107
Price Per SF
$1,911
Cap Rate
4.50%
NOI
$235,940
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Land Acres
1.10 AC
Zoning
B1 - Central Business
Frontage
35 FT on Cheshire Station Way
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signalized Intersection
- Drive Thru
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Wendy's
- Accommodation and Food Services
- 99,999 SF
- -
- Lorem Ipsum
- -
Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
Wendy's | Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | - |
Walk Score ®
Very Walkable (70)
PROPERTY TAXES
Parcel Number | 8192-50-5850 | Improvements Assessment | $748,600 |
Land Assessment | $747,400 | Total Assessment | $1,496,000 |
PROPERTY TAXES
Parcel Number
8192-50-5850
Land Assessment
$747,400
Improvements Assessment
$748,600
Total Assessment
$1,496,000
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Wendy's | 4461 Cheshire Station Way
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