Property profile

3812 Wards Rd Lynchburg, VA 24502

OFF-MARKET
Turn key restaurants
Property ID
US87-1456725
7,473 SF 0.94 ac lot Built 2015
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a fee-simple ownership of a thriving Buffalo Wild Wings restaurant in Lynchburg, Virginia. Located at 3812 Wards Rd, this Class A, 7,450 square foot property sits on a 0.94-acre lot and boasts a 100% occupancy rate. Built in 2015 and renovated in 2024, the single-story building features both indoor and outdoor seating, including unique outdoor bar seating. The property benefits from a prime location within a dominant shopping corridor, proximate to major retailers such as Walmart, Sam's Club, Texas Roadhouse, Cracker Barrel, Chick-fil-A, and Target, as well as a regional mall, Liberty University, and a Central Virginia Community College campus. The property is leased under an Absolute NNN lease with a strong, established tenant, Buffalo Wild Wings, providing significant long-term stability. The lease includes a recently extended term with more than 10 years remaining, featuring fixed 2% annual rent increases beginning January 1, 2025, offering excellent inflationary protection. This investment offers a compelling 6.85% cap rate and a price per square foot of $489.93, representing a strong return on investment. The asking price is $3,650,000. This is a rare opportunity to acquire a proven, high-performing restaurant in a desirable location with a secure, long-term lease.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2015
Construction FRAME
Total area 7,473 SF
Lot 0.94 ac (40,946 SF)
Zoning code B3C
APN 257 03 021
UPID US87-1456725

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

3812 Wards Rd Lynchburg, VA 24502-2966
Lynchburg metro Census 1601 LYNCHBURG, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.89M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.71M

Owner & transaction history

since 2025
Last sale
$3.5M
3 recorded transactions
2025
$3.5M
2011
Price N/A
2005
$669,000

Zoning & alternative use

B3C · Lynchburg, VA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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