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Wendy's | Part of 14 Property Portfolio 12890 Booker T Washington Hwy 2,677 SF Retail Building Hardy, VA 24101 $2,872,299 CAD ($1,072.95 CAD/SF) 6% 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 $125,003 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
$2,872,299 CAD
Price Per SF
$1,072.95 CAD
Cap Rate
6%
NOI
$172,338 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
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0300005206 | Improvements Assessment | $1,059,084 CAD |
| Land Assessment | $623,203 CAD | Total Assessment | $1,682,287 CAD |
Property Taxes
Parcel Number
0300005206
Land Assessment
$623,203 CAD
Improvements Assessment
$1,059,084 CAD
Total Assessment
$1,682,287 CAD
Contacts
-
Matthew Anuszkiewicz -
Amelia Haydock -
Andrew Darby -
Christopher Marks -
Glen Kunofsky -
Surmount
1 of 3
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Photos
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Wendy's | Part of 14 Property Portfolio | 12890 Booker T Washington Hwy
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