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1011 Park Ave
Meadville, PA 16335

Wendy's | Corporate Guaranty · Retail Property For Sale

Investment Highlights

  • 15+ Years Remaining with 10% Increases Every 5 Years
  • Rare Corporate Guaranty (NASDAQ: WEN), 6,800 Locations with $1.71 Billion in Revenue
  • Tenant Completed Interior/Exterior Remodel in 2019, All-Brick Building with a Drive-Thru
  • Absolute NNN Lease with No Landlord Responsibilities
  • 20+ Year Operating History at This Location
  • Essential Business, Drive-Thru Revenue has Grown to 90% of System-wide Sales

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
2,476 SF
Building Class
C
Year Built/Renovated
1990/2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.75 AC
Zoning
B-2
Parking
44 Spaces

Amenities

  • Bus Line

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
35-0-022576
Land Assessment
$105,650
Improvements Assessment
$120,850
Total Assessment
$226,500
  • Listing ID: 20995908

  • Date on Market: 9/18/2020

  • Last Updated:

  • Address: 1011 Park Ave, Meadville, PA 16335

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