Wendy's NNN Property For Sale — Altavista, VA
Altavista, Altavista, VA
This Wendy's NNN (triple net lease) property, located in Altavista, VA, presents an excellent investment opportunity. Constructed in 2012, the property encompasses 3200 square feet. With a 5.8% cap rate and an asking price of $1,615,234, it's an attractive option for investors seeking quality commercial properties, especially those involved in 1031 exchanges. The Altavista location benefits from strong local demographics, visibility, and accessibility, making it an ideal investment.
- Address: Altavista, Altavista, VA
- Asking price $1.62M
- 5.80% cap rate
- NOI $92,876
- 19.7 years remaining
- NNN lease
- Year built: 2012
- Building size: 3,200 SF
- Lot size: 0.75 acres
- Lease expiration: Sep 3, 2045
- Guarantor: Corporate
Location
This Wendy's property is at Altavista in Altavista, Virginia.
Asset type: Retail/QSR