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Wendy's | Part of 14 Property Portfolio 5801 Plank Rd 2,795 SF Retail Building Fredericksburg, VA 22407 $3,623,499 ($1,296.42/SF) 5% Cap Rate
Investment Highlights
- Excellent Visibility on Major Corridor
- Outparcel to Home Depot
- Long Operating History
- Strong Demographics
Executive Summary
Surmount is pleased to present the exclusive listing for a Wendy's located at 5801 Plank Rd, Fredericksburg, VA 22407. The site consists of roughly 2,795 rentable square feet of building space on an estimated 1.54-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 $181,175 and has scheduled increases of 2.00% annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,795 SF
Building Class
C
Year Built
2014
Price
$3,623,499
Price Per SF
$1,296.42
Cap Rate
5%
NOI
$181,175
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.54 AC
Zoning
C3
Nearby Major Retailers
Property Taxes
| Parcel Number | 12-23-9 | Improvements Assessment | $1,078,600 |
| Land Assessment | $1,610,000 | Total Assessment | $2,688,600 |
Property Taxes
Parcel Number
12-23-9
Land Assessment
$1,610,000
Improvements Assessment
$1,078,600
Total Assessment
$2,688,600
Contacts
-
Matthew Anuszkiewicz -
Amelia Haydock -
Andrew Darby -
Glen Kunofsky -
Christopher Marks -
Surmount
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Wendy's | Part of 14 Property Portfolio | 5801 Plank Rd
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