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955 E. Main Street, Wytheville, VA, 24382

Wendy’s

$1,200,000

Key Information

Cap Rate
7.94%
$ per SF
$424
Tot. SF
2,825
Lot Size
1.06 Acres
Year Built
1985
Term Remaining
± 2.75 Years
Type
Retail
NOI
$95,281

Highlights

• Attractive 7.94% Cap Rate – Offers investors an attractive yield profile for an established QSR investment.
• Strong Sales Performance – Generated nearly $2M in average annual gross sales from 2023–2025, demonstrating consistent unit-level performance.
• Healthy 4.96% Rent-to-Sales Ratio – Healthy unit level economics at this location
• Highway Proximity – Positioned near a major roadway with approximately 51,000 vehicles per day.
• Long-Term Lease Extension Options – Features four (4), five-year renewal options with 6% rent increases during each option period, providing future income growth potential.
• Established Wendy’s Location – Proven operating history supported by a nationally recognized QSR brand.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # 225225982, 226035518 (VA)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203