2801 Virginia Ave | Collinsville, VA 24078
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- LoopNet Team
2801 Virginia Ave
Collinsville, VA 24078
Wendy's - Collinsville, VA · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Long Term 10-Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
- Wendy's is the 3rd Largest Fast Food Hamburger Restaurant Chain in the U.S. - 6711+ Locations - Market Cap of $4.02B
- Located on Collinsville's Main Thoroughfare, Virginia Avenue, Which Sees an Average of 18,000+ VPD
- Tenant is a Subsidiary of Meritage Hospitality Group Inc. - One of the Fastest-Growing Restaurant Companies in the U.S
- Located on a Hard Signalized Corner With Multiple Access Points
- Across the Street From Collinsville Primary School (350 Students)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,670 SF
Building Class
B
Year Built/Renovated
1977/2013
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.06 AC
Zoning
B1
Parking
20 Spaces (5.45 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 080020007 | Improvements Assessment | $960,900 |
| Land Assessment | $303,600 | Total Assessment | $1,264,500 |
PROPERTY TAXES
Parcel Number
080020007
Land Assessment
$303,600
Improvements Assessment
$960,900
Total Assessment
$1,264,500
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