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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