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Wendy's | Part of 14 Property Portfolio 1251 S Boston Rd 2,804 SF Retail Building Danville, VA 24540 $2,399,865 CAD ($855.87 CAD/SF) 5.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Wendy’s Sale Leaseback from Top Wendy’s Franchisee
- Highly Accessible to Multifamily Apartments and Neighborhoods
- Strategic Location Near Danville Airport
- NNN Lease with No Landlord Responsibilities
- Close Proximity to Major Retailers
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a Wendy's located at 1251 South Boston Rd, Danville, VA 24540. The site consists of roughly 2,804 rentable square feet of building space on an estimated 1.17-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 $99,749 and has scheduled increases of 2.00% annually.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Building Size
2,804 SF
Building Class
B
Year Built/Renovated
2003/2020
Price
$2,399,865 CAD
Price Per SF
$855.87 CAD
Cap Rate
5.75%
NOI
$137,992 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.17 AC
Zoning
HRC
Frontage
204’ on Boston Rd
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 78254 | Improvements Assessment | $749,608 CAD |
| Land Assessment | $326,515 CAD | Total Assessment | $1,076,122 CAD |
PROPERTY TAXES
Parcel Number
78254
Land Assessment
$326,515 CAD
Improvements Assessment
$749,608 CAD
Total Assessment
$1,076,122 CAD
CONTACTS
-
Matthew Anuszkiewicz -
Amelia Haydock -
Andrew Darby -
Glen Kunofsky -
Christopher Marks -
Surmount
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Wendy's | Part of 14 Property Portfolio | 1251 S Boston Rd
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