Property profile

5170 Reidsville Rd Walkertown, NC 27051

OFF-MARKET
Drive through restaurants
Property ID
US53-1231227
3,737 SF 1.13 ac lot Built 2003
Individually Owned Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2003
Construction STEEL FRAME
Total area 3,737 SF
Lot 1.13 ac (49,223 SF)
Zoning code HB-S
APN 6868-40-0312.00
UPID US53-1231227

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 Take-out & Catering

Location

5170 Reidsville Rd Walkertown, NC 27051-9770
Walkertown metro Census 3003 WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$1.52M

Owner & transaction history

since 2025
Last sale
$1.6M
4 recorded transactions
2025
$1.6M
2022
Price N/A
2007
Price N/A
1969
Price N/A

Zoning & alternative use

HB-S · Walkertown, NC
Zoning description

The HB-S District is primarily intended to accommodate retail service and distributive uses, the district is established to provide locations for establishments which require high visibility and good road access or which…

General category COMMERCIAL

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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