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31174275
31174276

1100 Berryville Ave, Winchester, VA 22601 For Sale

DG
NC 241055
Marcus & Millichap - Raleigh
Listed by Marcus & Millichap - Raleigh
$2,197,000
128 days on market
Updated 3 days ago

Wendy's - 7% Rent To Sales

Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 2,462
Net Rentable (SqFt) 2,462
Units 1
Cap Rate 6%
NOI $131,824
Occupancy 100%
Tenancy Single
Brand/Tenant Wendy's
Lease Type Absolute NNN
Lease Expiration 01/13/2036
Remaining Term 9.5
Rent Bumps Yes
Lease Options Four 5 Year Options
Price per SqFt $892
Broker Co-Op Yes
Year Built 1981
Year Renovated 2023
Buildings 1
Stories 1
Investment Type Net Lease
Tenant Credit Franchisee
Ground Lease No
Ownership fee simple

Retail | 6.00% 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!

Investment highlights

Investment Highlights

Prime Interstate Location

Situated near the intersection of Interstate 81 and Berryville Avenue, the

property benefits from significant traffic exposure with approximately 100,000

combined vehicles per day.

Long-Term Operating History

Wendy’s has operated at this location for more than four decades,

demonstrating strong site performance and long-term market acceptance.

Recent Capital Investment

The restaurant was renovated in 2023 as part of Wendy’s Image Activation

program, reflecting a substantial reinvestment in the property.

Strong Rent-to-Sales Ratio

The property maintains a 7 percent rent-to-sales ratio, which is

considered favorable within the quick-service restaurant sector and indicative

of sustainable store-level economics.

Favorable Site Access

Four access points with no turn restrictions. Location allows for right turn on to site on Berryville Road from I-81 for both northbound and southbound traffic, and both right and left turn exiting the site, hence easy for vehicles to return to I-81. Next to site is McDonalds, other nearby food restaurants include Arby’s, KFC and Pizza Hut.

Household Income - Five mile average household income of $122,586

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
$--
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Annual Cash Flow
$131,824.00
$10,985.33/mo

Valuation Metrics

0
DSCR
6%
Cap Rate
6%
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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