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Wendy’s

810, 5th St, Mount Vernon, WA 98273
$2,875,000

Description

Wendy’s (Status: Pending)

810, 5th St, Mount Vernon, WA  98273

ABSOLUTE NNN GROUND LEASE WENDY’S• Ground lease with all improvements built and paid for by the tenant.• 20-Year ground lease with approximate 10% rental increases every 5 years.• Strategically positioned directly in front of the on-off ramps to I-5, with commuter traffic in excess of 76,000 vehicles per day.• WTC Ventures is a successful Wendy’s Franchisee who currently operates over 80 locations throughout Washington State and British Colombia.• Located at the gateway to historic downtown Mount Vernon, adjacent to Skagit Station multimodal transportation hub.• Part of the station square development that also features a new 7-Eleven and a future Skagit Regional Health.• Absolute NNN Ground Lease with Landlord having no maintenance/repairs responsibilities.

Listing Details

Asset Class: Retail
Year Built: 2022
Building Total Square Feet: 2161
Available Lease Space Square Feet:
Number of Floors: 1
Total Parking Spaces: 0
Local Zoning Information:

CBA

Listing Courtesy of: CPX LLC

Disclaimer: The information contained in this listing has not been verified by Windermere Real Estate/Whatcom, Inc. and should be verified by the buyer.

  • Address: 810, 5th St, Mount Vernon, WA 98273
  • City: Mount Vernon
  • State/county: WA
  • Zip/Postal Code: 98273
  • Neighborhood: Skagit County
  • Country: United States

Detail

Updated on June 26, 2022 at 1:33 am

  • Property ID: 650389
  • Price: $2,875,000.00/For Sale
  • Property Size: 2161 Sq Ft
  • Property Type: Retail
  • Property Status: Pending

Contact info

Windermere Commercial
Windermere Commercial
360-676-5900

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