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6205 Highway 92 - Cherokee Commons - Wendy's, Acworth, GA

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6205 Highway 92 - Cherokee Commons - Wendy's

Acworth, GA 30102 - Cherokee/Woodstock Ret Submarket


Property Type:Retail Sub Type:Fast Food Status:Existing , Renov 2005 Year Built:1986
Building Size:3,094 SF Land Area:12.31 AC (536,224 SF)
For Sale Price:$790,642 Price/SF:$255.54
Cap Rate:5.30 %



Sale Notes:
PROPERTY OVERVIEW:
EXP Realty Advisors exclusively presents for sale a corporate Wendy' s Ground Lease located in Acworth, GA. The building is 3,094 sf, situated on 0.669 acres. There are 5.8 years remaining on the lease' s base term. The site is accessible from Highway 92, which receives 25,100 vehicles per day. The property is a pad site to Cherokee Commons, a 104,000 sf shopping center anchored by a high volume Kroger, and which also includes Subway, Krystal, Pet Supermarket, and Havoline Express Lube. The property is located within with a significant retail corridor, which includes McDonald' s, Shell, Citgo, QuikTrip, AutoZone, Aaron' s, Bank of America, Goodyear, Taco Bell, Waffle House, Texaco, Family Dollar, Food Depot, Little Caesar' s, Title Max, and Wells Fargo. There is a population of 158,171 within a 5 mile radius, and an average household income of $80,234 within a 3 mile radius. The tenant does not report sales.

EXP Realty Advisors
Robert P James
(212) 686-0072




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