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5713 University Pky
Winston-Salem, NC 27105 Northeast Winston-Salem

$1,815,000 USD

Fast Food For Sale  •  3,433 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 3,433 SF
  • Lot Size 1.24 AC
  • Building Class B
  • Year Built 1986
  • Cap Rate 6.00 %
  • Tenancy Single
  • Zoning HB
30 Walk Score

Highlights

ABSOLUTE NNN LEASE: Offering zero landlord responsibilities and a consistent, reliable income stream.
LONG TERM LEASE: Over 9 years remaining on the base term.
HEDGE AGAINST INFLATION: Built in rental increases – 10%.
LOW RISK INVESTMENT: Digestible rent, increasing the long-term viability of the tenant.
HIGH TRAFFIC COUNTS: Strategically located on University Parkway that experiences 31,000+ vehicles per day and near US-52
TENANT IMPROVEMENTS: Remodeled in 2016 as part of their Image Activation program.
Cap Rate: 6.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Wendy's 7/7/2034

Public Transportation

AirportDriveWalkDistance
Piedmont Triad International 41 min - 26.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 49
Type: Surface
Included in Rent: Yes
Nick Hahn 951-847-4541 Matthews Real Estate Investment Services
Nick Hahn 951-847-4541 Matthews Real Estate Investment Services