170 Vaughan Ln | Pell City, AL 35125
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170 Vaughan Ln
Pell City, AL 35125
Wendy's · Retail Property For Sale
Investment Highlights
- Wendy’s recently extended their NNN lease to 20 years with attractive, 6% rental increases every 3 years
- Wendy’s is the world’s 3rd largest quick-serve restaurant company in the hamburger sandwich segment with 6,700+ locations
- In 2015, Pell City citizens voted in favor of the legalization of Sunday alcohol sales, which projected a $6.8 million economic impact to the city
- The Property is situated on Vaughan Lane and backs up to Highway 231, which boasts over 24,000 VPD
- The property is an outparcel to a large shopping center with national retailers such as The Home Depot, Cracker Barrel & Dollar Tree
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
5,569 SF
Building Class
B
Year Built
2002
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.70 AC
Zoning
B2
Parking
30 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
108 FT on US-231 Hwy
Amenities
- Pylon Sign
- Drive Thru
PROPERTY TAXES
| Parcel Number | 23-07-25-0-001-029.004 | Improvements Assessment | $116,830 |
| Land Assessment | $91,480 | Total Assessment | $208,310 |
PROPERTY TAXES
Parcel Number
23-07-25-0-001-029.004
Land Assessment
$91,480
Improvements Assessment
$116,830
Total Assessment
$208,310
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