REIT Sale | Former Wendy’s | Drive-Thru | 9K VPD | 1.14 Acres

$1 Starting Bid

Auctioneer: Lamar P. Fisher

Auctioneer Company: Fisher Auction Company Inc.

Auctioneer License: 2907003627

Auctioneer License 2: Co:2908000783

For Tours prior to auction, please email  & 
**Tours will not be allowed after auction.

Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, 21 Highland Drive in Lebanon, Virginia is a vacant ±2,785-square-foot freestanding former Wendy’s positioned for restaurant reuse, owner-user occupancy, lease-up, or adaptive reuse. Built in 1983 on ±1.1377 acres, the Property features an existing drive-thru, pylon sign, 35 surface parking spaces, two curb cuts, and approximately 427 feet of combined frontage along E Main Street/US Route 19 and Highland Drive. The hard-corner site benefits from ±8,929 VPD on E Main Street and convenient access to US-19, which carries approximately ±12,331 VPD. The Property occupies an outparcel position at the Russell County Government Center, adjacent to Veterans Memorial Park, and is surrounded by Food City, Walgreens, McDonald’s, Taco Bell, Burger King, Pizza Hut, Dollar General, and other commercial uses. Zoned C-1, Commercial, the Property offers potential for a variety of commercial uses, subject to confirmation of permitted uses and municipal requirements.

Second-Gen QSR with Drive-Thru

±2,785 SF former Wendy’s on ±1.14 acres includes drive-thru, pylon sign, and 35 parking spaces.

Hard Corner Signalized Visibility

±427 feet of frontage and two curb cuts support visibility, access, and efficient site circulation.

Strong Main Street Traffic Exposure

E Main Street carries ±8,929 VPD with convenient access to US-19 at approximately ±12,331 VPD.

Established Retail and QSR Trade Area

Food City, Walgreens, McDonald’s, Taco Bell, Burger King, and others drive recurring activity.

Government Center Outparcel Position

Site sits at the Russell County Government Center beside Veterans Memorial Park and civic uses.

Absolute $1 Auction

First Bid Meets Reserve!