Log In/Sign Up
Your email has been sent.
Wendy's | Part of 14 Property Portfolio 12890 Booker T Washington Hwy 2,677 SF Retail Building Hardy, VA 24101 $2,914,758 CAD ($1,088.82 CAD/SF) 5.75% Cap Rate
Investment Highlights
- Wendy’s Sale Leaseback from Top Wendy’s Franchisee
- Highly Accessible to Multifamily Apartments and Neighborhoods
- NNN Leases with No Landlord Responsibilities
- Strategic Location in Close Proximity to Major Retailers
Executive Summary
Surmount is pleased to present the exclusive listing for a Wendy's located at 12890 Booker T. Washington HWY, Hardy, VA 24101. The site consists of roughly 2,677 rentable square feet of building space on an estimated 1.13-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 $122,552 and has scheduled increases of 2.00% annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,677 SF
Building Class
C
Year Built
2004
Price
$2,914,758 CAD
Price Per SF
$1,088.82 CAD
Cap Rate
5.75%
NOI
$167,599 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.13 AC
Zoning
LPSM
Frontage
163’ on Booker T Washington Hwy
Amenities
- Pylon Sign
- Drive Thru
Nearby Major Retailers
Property Taxes
| Parcel Number | 0300005206 | Improvements Assessment | $1,040,721 CAD |
| Land Assessment | $612,398 CAD | Total Assessment | $1,653,119 CAD |
Property Taxes
Parcel Number
0300005206
Land Assessment
$612,398 CAD
Improvements Assessment
$1,040,721 CAD
Total Assessment
$1,653,119 CAD
Contacts
-
Matthew Anuszkiewicz -
Amelia Haydock -
Andrew Darby -
Christopher Marks -
Glen Kunofsky -
Surmount
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Wendy's | Part of 14 Property Portfolio | 12890 Booker T Washington Hwy
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.