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Wendy's | Part of 14 Property Portfolio 1809 S Main St 2,783 SF Retail Building Farmville, VA 23901 $2,692,457 ($967.47/SF) 5.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Proximity to National Tenants
- Outparcel to Walmart Supercenter
- Long Operating History
- Excellent Visibility on South Main St
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a Wendy's located at 1809 South Main St, Farmville, VA 23901. The site consists of roughly 2,783 rentable square feet of building space on an estimated 0.83-acre parcel of land. This Wendy's is subject to a 20-year Triple Net (NNN) lease, which commenced 9/4/2025. The current annual rent is $154,816 and has scheduled increases of 2.00% annually.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,783 SF
Building Class
C
Year Built
1997
Price
$2,692,457
Price Per SF
$967.47
Cap Rate
5.75%
NOI
$154,816
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.83 AC
Opportunity Zone
Yes
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 037-9-1 | Improvements Assessment | $588,500 |
| Land Assessment | $363,300 | Total Assessment | $951,800 |
PROPERTY TAXES
Parcel Number
037-9-1
Land Assessment
$363,300
Improvements Assessment
$588,500
Total Assessment
$951,800
CONTACTS
-
Matthew Anuszkiewicz -
Glen Kunofsky -
Amelia Haydock -
Andrew Darby -
Christopher Marks -
Surmount
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Wendy's | Part of 14 Property Portfolio | 1809 S Main St
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