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2215 S Loop 256
Palestine, TX 75801
Wendy's · Retail Property For Sale

PROPERTY FACTS
ABOUT 2215 S LOOP 256 , PALESTINE, TX 75801
This Wendy’s property is located at 2215 South Loop 256 in Palestine, Texas. Palestine is a city in Anderson County, Texas. It is an active small town located in the Piney Woods equidistant from the major airport cities of Dallas, Houston, and Shreveport. Surrounding Retail and Points of Interest The subject property is well-positioned in the main retail corridor in Palestine, benefiting from its close proximity to major national and local retailers. Major national tenants in the surrounding area include: JCPenney, Walmart, Hobby Lobby, Lowe’s, Dollar General, Family Dollar, CVS Pharmacy, Sears, Capital One, Tractor Supply Co., Rue21, Dollar Tree, McDonald’s, Bealls, Aaron’s, Walgreens, Applebee’s, Exxon, AutoZone, Dominos, as well as many others. Additionally, Walmart operates two large distribution centers in the Palestine area. Palestine High School is located within two miles of the Wendy’s and has over 900 students enrolled. Traffic Counts and Demographics The Wendy’s property has approximately 13,035 individuals residing within a three-mile radius and 22,287 individuals residing within a five-mile radius. The property is located on South Loop 256 which achieves average traffic counts of over 24,000 vehicles per day. Crockett Road is within a half mile of the Wendy’s and brings an additional 18,000 vehicles to the area each day. Palestine, Texas Located in East Texas, Palestine is the hub of activity for surrounding communities and is easily accessible via highway, rail and air to major and growing markets in Dallas, Houston, Austin, Shreveport and the Tyler MSA. An advanced transportation system, affordable real estate and abundant natural resources, and a diversified economy make Palestine a great place for business. Low taxes and a high quality of life make the community a great place to live and raise a family. The city is most notable for its beauty characterized by a magnificent dogwood floral blooming season, for 23 historical sites on the National Register of Historic Places and is the western terminus of the Texas State Railroad, a steam and diesel railroad museum operating between Palestine and Rusk.
PROPERTY TAXES
| Parcel Number | R835935 | Improvements Assessment | $853,307 |
| Land Assessment | $165,550 | Total Assessment | $1,018,857 |
PROPERTY TAXES
Listing ID: 11268373
Date on Market: 1/16/2018
Last Updated:
Address: 2215 S Loop 256, Palestine, TX 75801
The Retail Property at 2215 S Loop 256, Palestine, TX 75801 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
