Wendy's Absolute NNN Lease

Wendy’s | Collinsville, VA


Sands Investment Group is Pleased to Exclusively Offer For Sale a 3,670 SF Wendy’s Absolute NNN Lease Located at 2801 Virginia Avenue in  Collinsville, VA. This Deal Includes a Long Term 10-Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities, Providing For a Secured Investment.

  • Long Term 10-Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
  • Tenant is a Subsidiary of Meritage Hospitality Group Inc. – One of the Fastest-Growing Restaurant Companies in the U.S Operating 380+ Restaurants Across 16 States
  • Wendy’s is the 3rd Largest Fast Food Hamburger Restaurant Chain in the U.S. – 6711+ Locations – Market Cap of $4.02B
  • Located on a Hard Signalized Corner With Multiple Access Points
  • Located on Collinsville’s Main Thoroughfare, Virginia Avenue, Which Sees an Average of 18,000+ VPD
  • Across the Street From Collinsville Primary School (350 Students)
  • Essential Use Tenant With Drive-Thru; Pandemic and Recession Resistant
  • Target Demographic For Wendy’s with Limited Competition
  • Nearby National Tenants Include: Walgreens, McDonald’s, Taco Bell, KFC, Burger King, Hardee’s, Subway, O’Reilly Auto Parts, Pizza Hut, Family Dollar and Advance Auto Parts

In Association with Scott Reid & ParaSell, Inc. | Costa Mesa, California | A Licensed Virginia Broker #0226032019 Licensed in AR, CA, CO, CT, DC, FL, GA, HI, ID, IL, IA, IN, KS, KY, ME, MD, MA, MI, MN, MO, MT, NC, ND, NE, NJ, NM, NY, NV, NM, NC, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WY Scott Reid & ParaSell, Inc. Works With Prospective Virginia Resident Buyers | SIG Works With Non-Resident Prospective Buyers

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nnn lease property

Pathway Vet Alliance | Collinsville, IL


We Are Pleased to Present Exclusively For Sale the NNN Lease Property Located at 5230 Horseshoe Lake Road in Collinsville, Illinois.

  • Over 6 Years Remaining on a Triple Net (NNN) Lease With Minimal Landlord Responsibilities
  • 2% Annual Rental Increases and Three (3), Five (5) Year Options
  • Offering Veterinary Services Since the 1970’s, Horseshoe Lake Animal Hospital Was Acquired By the Current Landlords in 1997 and Provides Quality Healthcare For Pets Including Preventative Care, Annual Visits, With State-of-the-Art Equipment, Laser Therapy and TeleVet Services
  • Corporate Guarantee From Pathway Vet Alliance
  • Horseshoe Lake Animal Hospital is a 7-Doctor Practice, Making it One of the Biggest Providers of Veterinary Services in the Metro East Area
  • Pathway Vet Alliance Was Founded in Austin, TX in 2003; It Has Since Grown to 270 General, Specialty and Emergency Practices, Which Includes an Additional 85 THRIVE Affordable Vet Care Locations
  • In April of 2020, Pathway Vet Alliance Was Acquired By a Leading Private Equity Firm, TSG Consumer Partners, From Morgan Stanley Capital Partners
  • Pathway Vet Alliance Was Recently Ranked No. 431 on Inc. 5000 Fastest-Growing Companies List; In Spite of COVID-19, Pathway Has Continued Their Growth, Adding 59 Hospitals in the First Half of 2020 With a Three-Year Revenue Growth of 1,065%
  • Over 58,979 People Live Within a 5-Mile Radius Making an Average Household Income of $76,875
  • Excellent Visibility Along Horseshoe Lake Road With 10,512 Vehicles Per Day
  • Collinsville is Approximately 12-Miles From St. Louis, Missouri and is Considered Part of That City’s Metro East Area
  • Nearby Tenants Include: FedEx Ship Center, United States Postal Service, Culver’s, White Castle, Applebee’s, Steak ‘n Shake, Home Depot, Walgreens, Walmart Supercenter and Many More
In Cooperation With:
Latitude Commercial Realty, Inc. IL Lic. # 478027290
2342 Cline Avenue, Schererville, IN 46375

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