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1545 Richmond Rd
Williamsburg, VA 23185

$2,407,742 USD

Fast Food For Sale  •  4,188 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 4,188 SF
  • Lot Size 0.97 AC
  • Building Class C
  • Year Built 2005
  • Cap Rate 5.75 %
  • Tenancy Single
  • Zoning B-2
0 Transit Score
67 Walk Score

Highlights

The property features an Absolute Triple Net (NNN) Lease with approximately 18 years of primary term remaining, plus 3, 5-year renewal options.
The lease includes 1.5% annual rental increases, offering a reliable hedge against inflation and consistent growth in returns.
The property is strategically located on Richmond Road, the primary retail and tourist corridor in Williamsburg.
The site is directly adjacent to the Williamsburg Premium Outlets, a major regional draw with over 3.5 million visitors annually.
The location is situated between Great Wolf Lodge & the historic Colonial Williamsburg, placing it at the center of the area's robust tourism market.
The property is surrounded by a host of national and credit tenants, including McDonald's, ALDI, Chipotle, CVS, and Discount Tire.
Cap Rate: 5.75 %

Major Tenants

Tenant SF Occupied Lease End Date
KFC 4,188 SF 5/15/2044

Amenities

  • Pylon Sign
  • Signalized Intersection

Public Transportation

Commuter RailDriveWalkDistance
6 min - 1.7 mi
AirportDriveWalkDistance
Newport News/Williamsburg International 31 min - 20.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 39
Type: Surface
Included in Rent: Yes
Tyler McGarry 310-558-2029 Sands Investment Group Santa Monica, LLC
Tyler McGarry 310-558-2029 Sands Investment Group Santa Monica, LLC