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2301 Wards Rd
Lynchburg, VA 24502

$2,056,000 USD

Fast Food For Sale  •  4,172 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 4,172 SF
  • Lot Size 0.74 AC
  • Building Class B
  • Year Built 2002
  • Cap Rate 6.00 %
  • Tenancy Single
  • Zoning B3
30 Transit Score
40 Walk Score

Highlights

Lease Extended Through August 2036 | Tenant recently exercised a renewal option, demonstrating long-term commitment to the location.
Prime Wards Road Corridor | Positioned along Wards Rd (41,000 VPD) with access to Lynchburg Expwy (46,000 VPD) and Jerry Falwell Pkwy (52,000 VPD).
Surrounded by Major Demand Drivers | River Ridge Mall, Liberty University, Walmart, Target, Sam’s Club, Chick-fil-A, and Hobby Lobby.
Strong Regional Demographics | 97K+ Residents, 73K+ Employees, and 119K+ Daytime Population within 5 miles.
Ideal 1031 Exchange Opportunity | Passive net lease investment backed by a nationally recognized brand and strong underlying real estate.
Also part of a 2-Property Portfolio | Properties can be purchased as a portfolio or individually. KFC 1304 Ave of Mid-America, Effingham, IL 62401
Cap Rate: 6.00 %

Public Transportation

Commuter RailDriveWalkDistance
7 min - 4.1 mi
AirportDriveWalkDistance
Lynchburg Regional/Preston Glenn Field 10 min - 5.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 38
Type: Surface
Included in Rent: Yes
James Kaye 408-453-7419 CBRE, Inc.
James Kaye 408-453-7419 CBRE, Inc.