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Wendy's | Part of 14 Property Portfolio 7741 Richmond Hwy 2,800 SF Retail Building Appomattox, VA 24522 $2,115,609 ($755.57/SF) 5.75% Cap Rate
Investment Highlights
- Outparcel to Kroger
- Close Proximity to Educational Institutions
- Excellent Visibility on Richmond Hwy
- Close Proximity to Historical Attraction
Executive Summary
Surmount is pleased to present the exclusive listing for a Wendy's located at 7741 Richmond Hwy, Appomattox, VA 24522. The site consists of roughly 2,800 rentable square feet of building space on an estimated 0.75-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 $121,648 and has scheduled increases of 2.00% annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,800 SF
Building Class
B
Year Built
1996
Price
$2,115,609
Price Per SF
$755.57
Cap Rate
5.75%
NOI
$121,648
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.75 AC
Opportunity Zone
Yes
Amenities
- Freeway Visibility
- Restaurant
- Drive Thru
- Wheelchair Accessible
Nearby Major Retailers
Property Taxes
| Parcel Number | 64A1( A) 4A1 | Improvements Assessment | $621,000 |
| Land Assessment | $268,300 | Total Assessment | $889,300 |
Property Taxes
Parcel Number
64A1( A) 4A1
Land Assessment
$268,300
Improvements Assessment
$621,000
Total Assessment
$889,300
Contacts
-
Matthew Anuszkiewicz -
Amelia Haydock -
Andrew Darby -
David Weber -
Kenneth Tamres -
Glen Kunofsky -
Christopher Marks -
Surmount
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Wendy's | Part of 14 Property Portfolio | 7741 Richmond Hwy
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