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Restaurant

Wendy’s Sale Lease Back | Augusta, GA

1730 Walton Way, Augusta, GA 30904

Listing Price: $2,636,363

Cap Rate
5.50%
Tenant Name
Wendy's
Years Remaining On Lease
20.1
Gross SF
2,416
Guarantor
Corporate Guarantee
Rentable SF
2,416
Price/Gross SF
$1,091.21
Lease Type
Absolute Net
Rent Per Square Feet
$60.02

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.

Investment Highlights

  • Wendy's Restaurant with Drive Thru being Remodeled by 4th Quarter 2024
  • 20 Year Absolute NNN Lease | No Landlord Responsibilities
  • Attractive 7.5% Rent Increases Every 5 Years
  • Strong Wendy's Operators | 90+ Units
  • Wendy's Hamburger Restaurant Located at 1730 Walton Way in Augusta, Georgia with Population 202,081 and Best known for the Master's Golf Tournament in the Spring
  • The Wendy's Company is the World's Third Largest Quick Service Hamburger Company with 7,000 Restaurants and Over $2.06+ Billion Annual Sales

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Financing By

Restaurant

Wendy’s Sale Lease Back | Augusta, GA

Listing Price: $2,636,363

Cap Rate
5.50%
Tenant Name
Wendy's
Years Remaining On Lease
20.1
Gross SF
2,416
Guarantor
Corporate Guarantee
Rentable SF
2,416
Price/Gross SF
$1,091.21
Lease Type
Absolute Net
Rent Per Square Feet
$60.02

Investment Highlights

  • Wendy's Restaurant with Drive Thru being Remodeled by 4th Quarter 2024
  • 20 Year Absolute NNN Lease | No Landlord Responsibilities
  • Attractive 7.5% Rent Increases Every 5 Years
  • Strong Wendy's Operators | 90+ Units
  • Wendy's Hamburger Restaurant Located at 1730 Walton Way in Augusta, Georgia with Population 202,081 and Best known for the Master's Golf Tournament in the Spring
  • The Wendy's Company is the World's Third Largest Quick Service Hamburger Company with 7,000 Restaurants and Over $2.06+ Billion Annual Sales

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.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

Financing By

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