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807 England St
Ashland, VA 23005
Retail Property For Sale
Investment Highlights
- Absolute-Net Lease: 19 Year Remain on Lease with 10% Increases Every 5 Years; Including Each of the Five, 5 Year Options to Extend the Term.
- Fantastic Operating History: This Location has been Operating as a Wendy’s Since 1983 and will Undergo a Complete Remodel Q1 of 2023.
- 44 Unit Franchisee / 22 Unit Guaranty: Lease is Backed by Wen-Gap West, LLC.
Property Facts
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,134 SF
Building Class
C
Year Built
1983
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
2.12 AC
Zoning
B-2 COMMUN
Amenities
- Property Manager on Site
Property Taxes
| Parcel Number | 7880-10-9928 | Improvements Assessment | $739,600 |
| Land Assessment | $930,900 | Total Assessment | $1,670,500 |
Property Taxes
Parcel Number
7880-10-9928
Land Assessment
$930,900
Improvements Assessment
$739,600
Total Assessment
$1,670,500
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