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Absolute NNN Leased Restaurant
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7111 Williamson Rd, Roanoke, VA 24019

Absolute NNN leased Wendy’s operated since 1984, with a recently extended lease and an additional five-year option.

Property SizeContact for details
Days on Market135

Property Features for 7111 Williamson Rd

General Information

Standard status Active
Property subtype Retail
Lease Type NNN

Additional Details

Lease Term 60 months

Building Details

Tenancy Single
Listing Agency: The Kase Group
Listed By: Jason Denham · License #CA 02001094
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 12:11AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Kase Group

Investment Insights

Based on property information with market context.

This is an absolute NNN leased Wendy’s property. The tenant, a 14-unit operator, recently extended the lease for five years and retains one additional five-year option at the end of the term, with rent increasing by 10% at that time. The tenant has been operating at this location since 1984.

The property is positioned on a major commercial thoroughfare near a Kroger supermarket, and it sits across from a retail strip center anchored by Dollar Tree.

The offering is structured as an absolute NNN lease.

Key Highlights

  • Absolute NNN leased Wendy’s in Roanoke, Virginia
  • Tenant operating at the location since 1984
  • Lease recently extended for 5 years, with one additional 5‑year option

Property Analytics

Current Use

Wendy's Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Auto Parts Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

463
Businesses Nearby

Demographics for 24019, VA

27,630
Population
12,373
Households
2.2
Avg Household Size
43
Median Age
30%
College-Educated
94%
High-School Grad
30.2 sq mi
ZIP Area
915
Density / Sq Mi
$75,329
Median Household Income
$46,626
Median Earnings
$1,207
Median Rent
$237,900
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Absolute NNN leased Wendy’s operated since 1984, with a recently extended lease and an additional five-year option.
Where is this nnn property located?
The property is located at 7111 Williamson Rd Roanoke, VA.
What are key features of this property?
This property features: Absolute NNN leased Wendy’s in Roanoke, Virginia; Tenant operating at the location since 1984; Lease recently extended for 5 years, with one additional 5‑year option
(925) 390-8518 Call to check price and availability
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