5170 Reidsville Rd Walkertown, NC 27051-9770
Property profile & analytics
5170 Reidsville Rd Walkertown, NC 27051-9770
- Drive through restaurants
- 3,737 SF
- 1.13 lot acres
Property ID
US53-1231227
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Wendy's / Restaurant / Take-out & Catering
Property Details for 5170 Reidsville Rd
- Year built
- 2003
- Construction
- STEEL FRAME
- Lot size
- 1.13 lot acres
- Property size
- 3,737 SF
- Zone code
- HB-S
- Property type
- Drive through restaurants
- APN
- 6868-40-0312.00
- APU
- 686840031200
Description
This exceptional investment opportunity presents a sale-leaseback of a Wendy's restaurant located at 5170 Reidsville Rd, Walkertown, NC 27051. The property, built in 2000 and renovated in 2020, boasts 2,464 square feet on a 1.2-acre lot. The current lease, a triple-net (NNN) agreement, commenced December 1, 2024, and expires November 30, 2039, offering long-term stability. The property generates a strong net operating income (NOI) of $82,000, resulting in a compelling 5.66% cap rate. The asking price is $1,450,000. This Wendy's is operated by a highly successful franchisee with a proven track record, owning over 25 locations across Virginia and North Carolina. The location benefits from high visibility and accessibility, situated along a major highway and in close proximity to multifamily residential areas and major retailers. This is one of six Wendy's properties available for sale, each offered individually. The franchisee's established presence and the strong performance of this particular location make this a highly attractive investment opportunity with significant potential for long-term returns. The property's strategic location and the strength of the Wendy's brand contribute to its enduring value and consistent cash flow. This is a rare chance to acquire a well-performing, established retail property with a secure, long-term lease.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Walkertown
- County
- Forsyth
- State
- North Carolina
- Longitude
- -80.1382
- Latitude
- 36.1635
- CBSA code
- 49180
- CBSA name
- WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$13,426
$599,800
$929,700
$1,529,500
-
$599,800
$929,700
$1,529,500
