Property summary
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
VerifiedCap rate & NOI
Current use
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Restaurant Take-out & Catering
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
HB-S · Walkertown, NCThe 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…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for HB-S in Walkertown, NC.
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