Wendy's - Net Lease Property for Sale
Rocky Mount, VA
Key Investment Metrics
Price
$2,352,988
Cap Rate
5.5%
Net Operating Income
$129,414
Building Size
2695 SF
Lot Size
2,695 SF
Land Area
0.91 Acres
Remaining Term
19.7 years
Lease Expiration
09/03/2045
Lease Term
20 years
Lease Commencement
09/04/2025
Lease Type
NNN
Tenant Credit
Franchisee
Year Built
2000
Occupancy
100%
Tenancy
Single
About This Wendy's Net Lease Property
This Wendy's NNN (triple net lease) property is located in Rocky Mount, VA and represents an excellent investment opportunity for commercial real estate investors. The property features 2695 square feet of building space and was built in 2000.
With a cap rate of 5.5%, this Wendy's net lease property offers stable income potential. The asking price is $2,352,988, making it an attractive option for 1031 exchange investors seeking quality Wendy's commercial properties.
Why Invest in Wendy's NNN Properties?
- Stable Income: Wendy's net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Wendy's is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Rocky Mount, VA Market Overview
Located in Rocky Mount, VA, this Wendy's property benefits from strong local demographics and market fundamentals. The Rocky Mount area offers excellent visibility and accessibility, making it an ideal location for Wendy's operations and a solid investment for net lease property buyers.