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21 N Main St
Rutland, VT 05701
Wendy's · Retail Property For Sale
PROPERTY FACTS
ABOUT 21 N MAIN ST , RUTLAND, VT 05701
James Capital Advisors is pleased to present the exclusive listing for a Wendy’s located at 21 North Main Street in Rutland, Vermont. The tenant will enter into a brand new, 20-year triple-net (NNN) sale-leaseback with absolutely no landlord responsibilities upon the close of escrow. The building is comprised of approximately 2,229 SF and site on approximately 0.52 acres of land. The property has long been a staple in the market, having operated as a Wendy’s at this site since 1986. With the success of the location, the tenant invested $320k to complete the Full Image Refresh in 2012. The strong performing store has a very low rent to sales ratio, which would make it a great addition to a portfolio for long-term investors.
PROPERTY TAXES
| Parcel Number | 540-170-11249 | Improvements Assessment | $271,600 |
| Land Assessment | $368,200 | Total Assessment | $639,800 |
PROPERTY TAXES
