Wendy's

For Sale

11650 Lakeridge Parkway, Ashland, VA 23005

This Ashland property for sale is located at 11650 Lakeridge Parkway. The current listed sale price for Wendy's is $2,191,180.

Contacts

broker

Jonathan Hipp

Avison Young - US - DC - Washington DC

(703) 787-4725

Property Details

  • Property Type Retail - Restaurant
  • Property Size 3,302 SF
  • Property Tenancy Single Tenant
  • Date Updated Mar 30, 2024
Ashland, VANNN Wendy's For Sale

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Reach out to the broker for more info on lease terms and amenities

Highlights

  • - Long Term Investment – Wendy’s has 10 years remaining on the base term of their lease with four 5-year options to renew.
  • - Absolute NNN Lease – The tenant is responsible for all expenses providing an investor with a safe passive investment and no landlord responsibilities.
  • - #1 Wendy’s Operator – Meritage Hospitality Group, Inc. is the nation’s largest Wendy’s operator, with over 380 restaurants in 16 states. They are actively expanding, aiming to grow operations to 500.
  • - Wendy’s continues to be a premier restaurant brand with 6,500+ restaurants in the United States and located in 30 countries worldwide.

Getting around

  • 29/100

    Walk Score ®

  • 21/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Ashland, VA
  • Neighborhood Ashland
  • Zip Code 23005
  • Market Richmond Tidewater

Points of Interest

  • Ashland

    3.31 miles

  • Richmond Staples Mill Road

    7.37 miles

  • AR Cab Service

    8.41 miles

  • Shell

    0.46 miles

  • 7-Eleven

    0.95 miles

  • Exxon

    0.96 miles

  • Walmart

    1.81 miles

  • Sheetz

    1.93 miles

  • Valero

    1.96 miles

  • BP

    2.11 miles

  • Exxon

    2.23 miles

  • Sheetz

    2.24 miles

  • Wawa

    2.24 miles

  • Truck Parking

    3.02 miles

  • Lot O

    3.18 miles

  • Lot C

    3.20 miles

  • Lot E

    3.24 miles

  • Lot D

    3.30 miles

  • Lot B

    3.31 miles

  • Lot N

    3.42 miles

  • Lot F

    3.43 miles

  • Lot G

    3.44 miles

  • Lot A

    3.45 miles

  • Wendy's

    0.00 miles

  • Mexico Restaurant

    0.06 miles

  • Bojangles'

    0.06 miles

  • Subway

    0.06 miles

  • Dunkin'

    0.09 miles

  • Pizza Hut

    0.42 miles

  • Popeyes

    0.43 miles

  • Domino's

    1.77 miles

  • Industrial Taphouse

    1.78 miles

  • Domino's

    1.88 miles

  • Walmart Neighborhood Market

    1.83 miles

  • Food Lion

    1.96 miles

  • Walmart Supercenter

    2.62 miles

  • Food Lion

    2.70 miles

  • Virginia Center Commons

    2.94 miles

  • Burlington

    2.96 miles

  • Publix

    3.04 miles

  • Food Lion

    3.17 miles

  • Target

    3.18 miles

  • Cross Bros. Grocery

    3.24 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Jonathan Hipp

Avison Young - US - DC - Washington DC

(703) 787-4725