CARROLLTON BROKER OF RECORD.....JEREMY YARBROUGH....License No: H-62003
Faris Lee Investments is pleased to present the opportunity to acquire a high-performing Wendy’s ground lease located in the heart of Carrollton, Georgia—a growing market within the greater Atlanta metro area. This absolute NNN ground lease offers a truly passive investment with zero landlord responsibilities and over 12 years of secure remaining term.
The lease commenced in October 2022 and features 10% rental increases every five years throughout the base term and option periods, providing predictable income growth and a hedge against inflation. The current base rent of $95,000 is significantly below market for Wendy’s assets (average: $140,400), creating an attractive basis and strong rent-to-sales ratio. A scheduled rent bump to $104,500 in 2027 enhances long-term yield and adds further value.
This Wendy’s is operated by WenMarr Management Company, LLC, a distinguished and proven franchisee with over 35 years of experience and 46 Wendy’s locations across Georgia. WenMarr was inducted into the Wendy’s Hall of Fame in 2024—the brand’s highest honor—recognizing its consistent operational excellence.
Constructed in 2022, the property features Wendy’s modern prototype with a dedicated drive-thru and contemporary design, limiting near-term capital expenditures. The site is strategically positioned at the signalized intersection of Bankhead Highway (GA-166), Carrollton’s primary commercial corridor with ±35,200 vehicles per day. The property benefits from co-tenancy with national brands such as Chick-fil-A, McDonald’s, Zaxby’s, Dunkin’ and LongHorn Steakhouse.
The subject Wendy’s outperforms the brand’s national average volume of $2.27M and ranks in the top 25% of Wendy’s locations nationwide. The store’s sub-5% rent-to-sales ratio reinforces long-term operational sustainability for the tenant and income security for the landlord.
This offering represents a rare opportunity to acquire a low-rent, high-performing Wendy’s ground lease in a dense QSR trade corridor, backed by a top-tier franchisee and industry-leading brand. The property combines intrinsic real estate value, long-term lease security, and strong operator credit—making it an ideal fit for passive, income-focused investors.