810 5th | Mount Vernon, WA 98273
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
810 5th
Mount Vernon, WA 98273
Wendy's · Retail Property For Sale
Investment Highlights
- Ground lease with all improvements built and paid for by the tenant.
- Strategically positioned directly in front of the on-off ramps to I-5, with commuter traffic in excess of 76,000 vehicles per day.
- Part of the station square development that also features a new 7-Eleven and a future Skagit Regional Health.
- 20-Year ground lease with approximate 10% rental increases every 5 years.
- WTC Ventures is a successful Wendy’s Franchisee who currently operates over 80 locations throughout Washington State and British Colombia.
- Absolute NNN Ground Lease with Landlord having no maintenance/repairs responsibilities.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,161 SF
Building Class
B
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.52 AC
Zoning
Commercial
Parking
4 Spaces (9.25 Spaces per 1,000 SF Leased)
Frontage
53 ft on South 6th Street
PROPERTY TAXES
| Parcel Number | P134969 | Improvements Assessment | $2,092,475 |
| Land Assessment | $1,175,054 | Total Assessment | $3,267,529 |
PROPERTY TAXES
Parcel Number
P134969
Land Assessment
$1,175,054
Improvements Assessment
$2,092,475
Total Assessment
$3,267,529
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
