4461 Cheshire Station Plz Woodbridge, VA 22193
Rare opportunity: Wendy's in affluent northern Virginia suburbs.
Property size:
2,743 SFLot size:
1.10 AcresProperty Features for 4461 Cheshire Station Plz
General Information
- Size
- 2,743 SF
- Lot size
- 1.10 Acres
Source:
Moodyscre
Listing Agent: David Dave Weber
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Corporate Wendy's Deal in Woodbridge
This offering presents a rare opportunity to acquire a corporate Wendy's deal within the Washington, DC MSA. The property benefits from a Wendy's corporate real estate entity lease guarantor, combined with an industry-leading store operator, Flynn Group. Situated in the affluent northern Virginia suburbs of Washington, DC, this location offers a best-in-class guarantor, operator, and location. A rent increase is scheduled in less than 3 years, which will increase the cap rate 5%-10%, creating a blended 4.75% cap rate over the first 5 years. The store demonstrates extremely high sales performance, consistently outperforming with very strong sales, far above Wendy's national average, and ranks in the top 20% in visits in Virginia. The property is a pad site to a Safeway-anchored shopping center, well-positioned at the entrance to Cheshire Station, fronting Minnieville Road with over 45,000 vehicles per day. It is located approximately 3 miles from Virginia’s largest outlet mall, which attracts over 10 million visitors annually. The property and surrounding area benefit from a population exceeding 118,000 and a high average household income of over $140,000 within a 3-mile radius. The property is suitable for drive-through restaurants, restaurants, retail, NNN, and specialty purposes. The property contains 2,743 square feet and is located close to I-95 and Potomac Mills Shopping Mall.
Location Intelligence
Current Use by Public Records
Wendy's
Fast Food Restaurant
Location Insight
- Map
- Local Demand
- City
- Woodbridge
- County
- Prince William
- State
- Virginia
- Longitude
- -77.3352259
- Latitude
- 38.6461358
Nearby Similar for Sale
FAQs
What type of property is this?
Drive through restaurant - Rare opportunity: Wendy's in affluent northern Virginia suburbs.
Where is this drive through restaurant located?
The property is located at 4461 Cheshire Station Plz Woodbridge, VA.
What is the asking price?
The asking price for this property is $4,967,158.
What are key features of this property?
This property features: - High-performing Wendy's location ranking in the top 20% in Virginia visits.; - Corporate Wendy's lease guarantor combined with industry-leading Wendy's operator Flynn Group.; - Located in an affluent northern Virginia suburb of Washington, DC with superior demographics: 118,000+ population and $140k+ average household income within a 3-mile radius.