Investment Overview

Marcus & Millichap is pleased to present a single-tenant fast-food restaurant occupied by Wendy's, located in Winchester. The property is positioned near the intersection of Interstate 81, which experiences approximately 70,000 vehicles per day, and Berryville Avenue, with traffic counts of approximately 30,000 vehicles per day. The location benefits from strong regional accessibility and high visibility within the Winchester retail corridor. Average Household Income within 5 miles of $122,586. Wendy’s has operated continuously at this location since 1981, demonstrating long term stability and established consumer demand. The restaurant has undergone two renovations during its operating history, with the most recent completed in 2023 as part of Wendy’s Image Activation (Re-Imaging) Program. This modernization initiative enhances customer experience and operational efficiency through updated dining areas, exterior façade improvements, digital menu boards, and optimized kitchen and drive-thru layouts. Industry estimates place the cost of a typical Wendy’s Image Activation remodel between $450,000 and $650,000 per restaurant, representing a significant reinvestment by the operator into the property and brand. The property consists of a 2,462-square-foot freestanding restaurant building situated on approximately 0.57 acres. This Wendy’s location has demonstrated consistent sales performance and maintains a rent-to-sales ratio of approximately 7 percent, which is considered healthy within the quick-service restaurant sector. Annual sales figures are available upon request