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

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
2,990 SF
Building Class
C
Year Built/Renovated
1998/2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.69 AC
Zoning
Commercial - Commercial

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 roailroad museum operating between Palestine and Rusk.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R835935
Land Assessment
$165,550
Improvements Assessment
$853,307
Total Assessment
$1,018,857
  • Listing ID: 11354038

  • Date on Market: 1/24/2018

  • Last Updated:

  • Address: 2215 S Loop 256, Palestine, TX 75801

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