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9385 Atlee Rd
Mechanicsville, VA 23116

$1,810,000 USD

Fast Food For Sale  •  3,326 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 3,326 SF
  • Lot Size 1.07 AC
  • Building Class A
  • Year Built 2017
  • Tenancy Single
  • Zoning B3
40 Walk Score

Highlights

Long-term absolute NNN lease with over 19 years remaining on the initial term.
Guaranteed by Meritage Hospitality Group Inc., one of the largest Wendy’s franchise operators nationwide.
Annual base rent of $112,000 anchored by a consistent 1.25% or CPI annual rent increase clause.
Located on a signalized corridor with strong traffic flow and proximity to major retail and residential developments in Mechanicsville.
High-demand Quick Service Restaurant (QSR) category with proven performance and enduring consumer demand.
6 five-year renewal options built into the lease provide income upside and long-term security for investors.

Amenities

  • Restaurant
  • Signage
  • Drive Thru
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
15 min - 7.7 mi
AirportDriveWalkDistance
Richmond International 25 min - 16.5 mi
Ehren Jacobs 310-920-8996 Ehren Jacobs Bang Realty
Ehren Jacobs 310-920-8996 Ehren Jacobs Bang Realty