1192 Richmond Rd Charlottesville, VA 22901
This exceptional opportunity presents a fully equipped, 4,431 square foot former Wendy's restaurant available for lease in the thriving Pantops area of Charlottesville, Virginia. The property boasts a highly desirable 2,508 square foot vacant space, perfectly suited for a fast-food operation. Its prime location at the intersection of Route 250 and Stony Point Road, alongside an Exxon gas station and a McDonald's, ensures high visibility and significant foot and vehicle traffic. The all-brick building benefits from its strategic placement within minutes of Interstate 64 and downtown Charlottesville, providing easy access for both local customers and commuters. The property is zoned for Highway Commercial use, making it ideal for a variety of fast-food or quick-service restaurant concepts. The existing infrastructure includes a fully operational drive-thru, significantly enhancing operational efficiency and customer convenience. This is a rare chance to establish a business in a bustling commercial area with excellent accessibility and high traffic volume. The property's location within the booming Route 250 Pantops area guarantees a strong customer base and significant growth potential. Don't miss this chance to secure a prime location in a thriving Charlottesville market.
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Wendy's Restaurant Take-out & Catering
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The Market at Pantops Grocery & Convenience Store
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Exxon Gas Station
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
HIGHWAY COMMERCIAL · Charlottesville, VACharlottesville. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.