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    2215 Tx-256 Loop Palestine, TX 75801

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    2215 Tx-256 Loop Palestine, TX 75801


    • Restaurants
    • 2,590 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Restaurants

    Property Details for 2215 Tx-256 Loop

    Property size
    2,590 SF
    Property type
    Restaurants

    Description

    This free-standing, 2,590 square foot restaurant presents a unique investment opportunity in Palestine, Texas. Located on Loop 256, a major thoroughfare, this second-generation Wendy's enjoys a prime location at the main entrance to a Walmart Supercenter. The property benefits from exceptional visibility and high traffic counts, situated amongst other established quick-service restaurants (QSRs) such as Starbucks, Panda Express, McDonald's, and Chick-fil-A. The building offers a drive-thru opportunity, a significant advantage in the fast-food sector. With ample parking (36 spaces), the property is well-suited for continued operation as a restaurant or potential redevelopment. The property is located in Anderson County and offers a single-tenant occupancy. This is an excellent opportunity to acquire a well-positioned restaurant property in a thriving retail corridor. The existing building provides a solid foundation for a successful QSR operation, or a blank canvas for a new concept. The high volume of traffic on Loop 256 ensures significant exposure and potential for strong returns. The proximity to a Walmart Supercenter further enhances the property's desirability and potential customer base. This is a rare opportunity to acquire a strategically located commercial property in a growing market.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Palestine
    County
    Anderson
    State
    Texas
    Longitude
    -95.6157
    Latitude
    31.7347
    More about this property
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