Investment Overview

Marcus & Millichap is pleased to present for sale this Wendy’s Hamburger Restaurant located at 1730 Walton Way in Augusta, Georgia. Augusta is a consolidated city-county on the central eastern border of the state of Georgia. It is Georgia’s third most populaous city with a population of 202,081 and it lies directly across the Savannah River from North Augusta, South Carolina. Augusta is best known for hosting the Master’s Golf Tournament every Spring. Augusta is a regional center of medicine, biotechnology and cyber security. Augusta University, the state’s only public health sciences graduate university, employs over 7,000 people. Major employers in Augusta include Starbucks, Augusta Coc-Cola, Nutrien, Graphic Packaging International, Ferrara USA, Nutrien and Cardinal Health. Numerous colleges and universities surround this Wendy’s Restaurant including Augusta College with 2,537 enrolled students, East Georgia State College with 2,999 enrolled students, and Paine College with 251 enrolled students. Many apartment complexes surround this property including Beacon Station Apartments, The Row Apartments, Canalside Apartments, Ironwood Apartment Homes, River Edge Apartments, Magnolia Park Apartments and East Augusta Commons. Also nearby this property is MCG Medical Center, a major medical center in the area with 478 Beds serving the community. Wendy’s was founded in 1969 by Dave Thomas in Columbus, Ohio. Dave built his business on the premise “Quality is our Recipe.” Today Wendy’s and its franchisees employ thousands of people across 7,000 restaurants worldwide. Wendy’s is best known for made-to-order square hamburgers using fresh and never frozen beef, freshly prepared salads, chili, baked potatoes and the Frosty Dessert.