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172 E Belt Blvd
Richmond, VA 23224

Price Upon Request

Fast Food For Sale  •  2,508 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 2,508 SF
  • Lot Size 0.93 AC
  • Building Class C
  • Year Built 1981
  • Tenancy Single
  • Zoning B-3, Richmond City
44 Transit Score
56 Walk Score

Highlights

Prime Opportunity for Owner-User / Investor: dark Wendy’s presents a unique chance to bring in a new operator, allowing for tailored redevelopment.
Attractive SBA 504 Financing: Offers low down payment, fixed-rate, long-term financing, and lower costs, making it ideal for owner-users & investors.
High Visibility on Major Boulevard: Located on East Belt Blvd, a key arterial road to Highway 60, with ±19,000 vehicles daily, ensuring strong traffic
Surrounded by established businesses and services, including nearby national tenants Save a Lot, KFC, Subway, T-Mobile, McDonald’s, Wells Fargo & more
Strong Local Demographics: Population of 245,749 (2023) growing to 255,294 by 2028; daytime population exceeds 339,727, ensuring strong traffic.
Affluent Market & Spending Power: Avg. income of $83,955; 12.4% earn over $150K; avg. retail spending is $66,123 per household in key categories.

Financial Summary

Total Expenses: $0 USD

Major Tenants

Tenant SF Occupied Lease End Date
Wendy's 12/31/2041

Amenities

  • Bus Line
  • Pylon Sign
  • Signage
  • Drive Thru

Public Transportation

Commuter RailDriveWalkDistance
10 min - 4.3 mi
18 min - 9.9 mi
AirportDriveWalkDistance
Richmond International 25 min - 12.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 40
Type: Surface
Included in Rent: Yes