Skip to main content

Restaurant

Wendy's

3816 Washington Rd, Martinez, GA 30907

Listing Price: $3,928,571

Cap Rate
5.25%
Tenant Name
Wendgusta, LLC
Years Remaining On Lease
19.9
Guarantor
Franchisee Guarantee
Rentable SF
2,800
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$73.66

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Wendy’s located at 3816 Washington Road, Martinez, GA. The property consists of 1,510 square feet of building space and is situated on approximately 0.85 acres of land. The tenant will enter into a brand new, 20-year triple-net (NNN) lease with absolutely no landlord responsibilities upon the day following the close of escrow. The lease will call for rental increases of eight and one-half percent every five years. The rental increases will continue through the base term and into the four, five-year tenant renewal options. The lease will carry a guaranty from Wendgusta, LLC, a subsidiary of Wendcentral, LLC, an experienced 125+ unit operator founded in 1985.

Investment Highlights

  • Brand New 20-Year Sale Leaseback
  • Triple Net (NNN) Lease with Zero Landlord Responsibilities
  • Attractive Rental Increases | Eight Percent (8.00 Percent) Every Five Years

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Listing Price: $3,928,571

Cap Rate
5.25%
Tenant Name
Wendgusta, LLC
Years Remaining On Lease
19.9
Guarantor
Franchisee Guarantee
Rentable SF
2,800
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$73.66

Investment Highlights

  • Brand New 20-Year Sale Leaseback
  • Triple Net (NNN) Lease with Zero Landlord Responsibilities
  • Attractive Rental Increases | Eight Percent (8.00 Percent) Every Five Years

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Wendy’s located at 3816 Washington Road, Martinez, GA. The property consists of 1,510 square feet of building space and is situated on approximately 0.85 acres of land. The tenant will enter into a brand new, 20-year triple-net (NNN) lease with absolutely no landlord responsibilities upon the day following the close of escrow. The lease will call for rental increases of eight and one-half percent every five years. The rental increases will continue through the base term and into the four, five-year tenant renewal options. The lease will carry a guaranty from Wendgusta, LLC, a subsidiary of Wendcentral, LLC, an experienced 125+ unit operator founded in 1985.

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

MM Texture Background
MM Textured Background Lower