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Wendy's Absolute NNN Ground Lease
For Sale
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810 S 5th St, Mount Vernon, WA 98273

For sale absolute NNN ground lease property occupied by Wendy's.

Property SizeContact for details
Days on Market120

Property Features for 810 S 5th St

General Information

Standard status Active
Property subtype Retail
Listing Agency: Northmarq - Seattle
Listed By: Sean Tufts · License #WA 74057
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 7:35AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Northmarq - Seattle

Investment Insights

Based on property information with market context.

This property is offered for sale as an absolute NNN ground lease with Wendy's. The “absolute NNN” structure indicates tenants are responsible for applicable operating expenses, typically leaving the landlord with a net lease framework.

The asset is located at 810 S 5th St in Mount Vernon, Washington.

As presented, the listing focuses on the ground-leased, NNN-backed Wendy’s occupancy and lease structure.

Key Highlights

  • Absolute NNN ground lease property
  • Occupied by Wendy's

Property Analytics

Current Use

Wendy's Restaurant

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Butcher Catering Service Pet Store & Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,861
Businesses Nearby
37k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 55% Shops & Services 45%
Wendy's Dining
20,675 visits/mo 0.0 miles
7-Eleven Shops & Services
10,998 visits/mo 0.1 miles
Bank of America Shops & Services
5,718 visits/mo 0.2 miles

Demographics for 98273, WA

31,243
Population
11,991
Households
2.6
Avg Household Size
37
Median Age
25%
College-Educated
87%
High-School Grad
83.9 sq mi
ZIP Area
372
Density / Sq Mi
$74,247
Median Household Income
$42,168
Median Earnings
$1,171
Median Rent
$448,300
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - For sale absolute NNN ground lease property occupied by Wendy's.
Where is this nnn property located?
The property is located at 810 S 5th St Mount Vernon, WA.
What are key features of this property?
This property features: Absolute NNN ground lease property; Occupied by Wendy's
More about this property
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