Wendy's | Part of 6 Property Portfolio | 5170 Reidsville Rd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Wendy's | Part of 6 Property Portfolio 5170 Reidsville Rd
2,464 SF Retail Building Walkertown, NC 27051 $1,450,000 ($588/SF) 5.65% Cap Rate
INVESTMENT HIGHLIGHTS
- Wendy’s Sale Leaseback from Top Wendy’s Franchisee
- Highly Accessible to Multifamily Apartments and Neighborhoods
- Strategic Location Along Reidsville Road
- NNN Lease with No Landlord Responsibilities
- Close Proximity to Major Retailers
EXECUTIVE SUMMARY
This is part of a six property Wendy's portfolio with locations in North Carolina and Virginia. Each property in the portfolio is available separately.
This investment opportunity includes sale leaseback opportunities from one of the strongest Wendy’s franchisees, who has operated many Wendy’s locations throughout the U.S. East Coast for years.
The Wendy’s franchisee at this location was founded in 1988 and has expanded to over 25 Wendy’s restaurants across Virginia and North Carolina through acquisition and development.
This investment opportunity includes sale leaseback opportunities from one of the strongest Wendy’s franchisees, who has operated many Wendy’s locations throughout the U.S. East Coast for years.
The Wendy’s franchisee at this location was founded in 1988 and has expanded to over 25 Wendy’s restaurants across Virginia and North Carolina through acquisition and development.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,464 SF
Building Class
C
Year Built
2003
Price
$1,450,000
Price Per SF
$588
Cap Rate
5.65%
NOI
$81,925
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.10 AC
Zoning
HB-S
Frontage
115 FT on Reidsville
AMENITIES
- Pylon Sign
- Signage
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 6868-40-0312 | Improvements Assessment | $929,700 |
| Land Assessment | $599,800 | Total Assessment | $1,529,500 |
PROPERTY TAXES
Parcel Number
6868-40-0312
Land Assessment
$599,800
Improvements Assessment
$929,700
Total Assessment
$1,529,500
1 of 3
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Wendy's | Part of 6 Property Portfolio | 5170 Reidsville Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.