Investment Overview

Marcus & Millichap is pleased to present an exceptional opportunity to acquire a prime commercial property in a high-traffic location. This former Wendy’s restaurant offers a unique chance for an owner-user or investor to introduce a new operator, allowing for redevelopment or re-branding tailored to their vision. Strategically positioned on East Belt Boulevard, a major arterial road with direct access to Highway 60, the property benefits from exceptional visibility and exposure to approximately ±19,000 vehicles daily. This location sits within a strong commercial corridor, surrounded by national retailers such as Save a Lot, KFC, Subway, T-Mobile, McDonald’s, and Wells Fargo, fostering a robust customer base and business synergy. The property also enjoys proximity to George Wythe High School, which serves over 1,076 students and contributes to consistent foot traffic. Additionally, the surrounding area boasts strong demographics, with a total population of 245,749 within a five-mile radius, projected to grow to 255,294 by 2028. The daytime population exceeds 339,727, further ensuring demand for retail and dining options. Affluent household income levels in the area reflect a thriving local economy, with an average household income of $83,955 and a median of $55,750. Notably, 12.4 percent of households earn over $150,000 annually, indicating strong consumer spending power. Retail expenditure within a five-mile radius averages $66,123 per household, with key spending categories including housing, transportation, and food.