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31174275
31174276

1100 Berryville Ave, Winchester, VA 22601

DG
NC 241055
Marcus & Millichap - Raleigh
Listed by Marcus & Millichap - Raleigh
$2,292,600
78 days on market
Updated 51 days ago

Wendy's - Absolute Net (NNN)

Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 2,462
Net Rentable (SqFt) 2,462
Units 1
Cap Rate 5.75%
NOI $131,824
Occupancy 100%
Tenancy Single
Brand/Tenant Wendy's
Lease Type Absolute NNN
Lease Expiration 01/13/2036
Remaining Term 9.6
Rent Bumps Yes
Lease Options Four 5 Year Options
Price per SqFt $931
Broker Co-Op Yes
Year Built 1981
Year Renovated 2023
Buildings 1
Stories 1
Investment Type Net Lease
Ground Lease No
Ownership fee simple

Retail | 5.75% CAP | 2,462 SqFt

Marketing description

WENDY'S 1100 Berryville Ave, Winchester, VA 22601 Discover a prime investment opportunity at 1100 Berryville Ave in Winchester, VA. This Wendy's fast-food restaurant is strategically located in a high-traffic area, providing a reliable income stream. The property offers a secure long-term lease with a well-established tenant and boasts excellent visibility and accessibility in a bustling commercial district. With a renowned national brand as the anchor tenant, this investment ensures stability and strong returns. Situated on a spacious lot with ample parking, the property features a modern building design and high-quality construction. The location benefits from a growing population and robust local economy, enhancing the potential for future value appreciation. Don't miss out on this rare opportunity to acquire a premium commercial property with a reputable tenant in a thriving market. Contact us today to seize this exceptional investment at 1100 Berryville Ave!

Listing Contacts

DG
NC 241055
Marcus & Millichap - Raleigh
Listed by Marcus & Millichap - Raleigh

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$131,824.00
$10,985.33/mo

Valuation Metrics

0
DSCR
5.75%
Cap Rate
5.75%
ROI

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Additional Information

Name
Brian Hosey
License
VA 0225247494
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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