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Wendy's | Part of 14 Property Portfolio 1809 S Main St 2,783 SF Retail Building Farmville, VA 23901 $3,484,342 CAD ($1,252.01 CAD/SF) 6.15% Cap Rate
Investment Highlights
- Proximity to National Tenants
- Outparcel to Walmart Supercenter
- Long Operating History
- Excellent Visibility on South Main St
Executive Summary
Surmount is pleased to present the exclusive listing for a Wendy's located at 1809 South Main St, Farmville, VA 23901. The site consists of roughly 2,783 rentable square feet of building space on an estimated 0.83-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 $157,912 and has scheduled increases of 2.00% annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,783 SF
Building Class
C
Year Built
1997
Price
$3,484,342 CAD
Price Per SF
$1,252.01 CAD
Cap Rate
6.15%
NOI
$214,287 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.83 AC
Opportunity Zone
Yes
Nearby Major Retailers
Property Taxes
| Parcel Number | 037-9-1 | Improvements Assessment | $802,473 CAD |
| Land Assessment | $495,392 CAD | Total Assessment | $1,297,865 CAD |
Property Taxes
Parcel Number
037-9-1
Land Assessment
$495,392 CAD
Improvements Assessment
$802,473 CAD
Total Assessment
$1,297,865 CAD
Contacts
-
Matthew Anuszkiewicz -
Glen Kunofsky -
Amelia Haydock -
Andrew Darby -
Christopher Marks -
Surmount
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Wendy's | Part of 14 Property Portfolio | 1809 S Main St
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