1792 South Creek One | Powhatan, VA 23139
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1792 South Creek One
Powhatan, VA 23139
Wendy's - Anchored by Food Lion Grocery Store · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute-Net Lease (Zero Landlord Responsibilities): 17.5 Years Remain with 10% Increases Every 5 Years Including the Five, 5 Year Options to Extend t
- 17 Years of Operation: Operating as a Wendy’s Since 2006 A New 20 Year Lease was Signed in 2020 Showing Strength of this Location.
- Near Two Schools: One Mile From Wendy’s Resides Powhatan High School (1,438 Students) & Flat Rock Elementary School (626 Students).
- Strong Franchisee Guaranty: Wen-Gap West, LLC Has 34 Years Of Experience and Currently Operates 22 Units.
- Excellent Frontage and Visibility: Wendy’s Fronts Anderson Highway which Oversees 29,100+ Vehicles Per Day.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,288 SF
Building Class
B
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.19 AC
Zoning
C
Parking
47 Spaces
Frontage
PROPERTY TAXES
| Parcel Number | 042E-1-2A | Improvements Assessment | $826,000 |
| Land Assessment | $561,700 | Total Assessment | $1,387,700 |
PROPERTY TAXES
Parcel Number
042E-1-2A
Land Assessment
$561,700
Improvements Assessment
$826,000
Total Assessment
$1,387,700
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