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Wendy's | Part of 14 Property Portfolio 5170 Reidsville Rd 2,464 SF Retail Building Walkertown, NC 27051 $2,244,226 CAD ($910.81 CAD/SF) 5.50% 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
Surmount is pleased to present the exclusive listing for a Wendy's located at 5170 Reidsville Rd, Walkertown, NC, 27051. The site consists of roughly 2,464 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 $89,282 and has scheduled increases of 2.00% annually.
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
$2,244,226 CAD
Price Per SF
$910.81 CAD
Cap Rate
5.50%
NOI
$123,432 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.13 AC
Zoning
HB-S
Frontage
115’ on Reidsville
AMENITIES
- Pylon Sign
- Signage
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 6868-40-0312 | Improvements Assessment | $1,639,587 CAD |
| Land Assessment | $966,994 CAD | Total Assessment | $2,606,581 CAD |
PROPERTY TAXES
Parcel Number
6868-40-0312
Land Assessment
$966,994 CAD
Improvements Assessment
$1,639,587 CAD
Total Assessment
$2,606,581 CAD
CONTACTS
-
Matthew
Anuszkiewicz
-
Andrew
Darby
-
Amelia
Haydock
-
Christopher
Marks
-
Brian
Brockman
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Wendy's | Part of 14 Property Portfolio | 5170 Reidsville Rd
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