Coldwell Banker Commercial Elite is pleased to announce the sale of a Wendy’s absolute NNN leased property, in Petersburg, Virginia for $2,320,000. The property is located at 1859 South Crater Road, Petersburg, VA. There was over 18 years remaining on the lease at the time of the sale. Ben Keddie and Heather Hagerman exclusively represented the seller in the transaction.

This is the second Wendy’s investment property sold by Ben and Heather over the last few months. The first deal was completed 2 months ago with the sale of a Wendy’s NNN Leased property in Richmond, VA. The sales price on the Richmond property was $2.2 MM.

For additional information on this transaction or for a personal property evaluation please feel free to contact our team at Coldwell Banker Commercial Elite. We have other NNN properties available, call for information on our inventory.

540.786.1402