145 Walker Pky - Auto Repair FOR SALE


Fayetteville, GA 30214
$4,209,000 USD
949-221-1814
145 Walker Pky, Fayetteville, GA for Sale
$4,209,000 USD
Auto Repair - FOR SALE
1/11
null | 5.75% Cap Rate

145 Walker Pky
Fayetteville, GA 30214


HIGHLIGHTS

  • Jim ‘N Nick’s, a 40-year-old Southern brand with 58 locations and $200M in 2024 sales, is expanding with 18 new restaurants planned through 2026.
  • 15-year corporate net lease with 1.75% annual rent hikes, no landlord duties, and three 5-year renewals.
  • Backed by Roark Capital, a $40B asset manager specializing in franchises, with multiple Roark brands nearby, showing strong local commitment.
  • New Jim ‘N Nick’s features double drive-thru lanes, enhanced pickup areas, and a “Fast-Casual Plus” model, with 60% of sales from off-premises channel
  • Across from Fayette Pavilion, Georgia’s largest open-air center with top anchors and 4.7M annual visitors.
  • Prime location with direct Interstate 85 access (30K VPD) on Fayetteville’s main retail corridor, surrounded by major retailers.

OVERVIEW

GEORGIA BROKER OF RECORD.... JEREMY YARBROUGH.... License No. 62003 Faris Lee Investments is pleased to present a rare opportunity to acquire a corporate-guaranteed Jim ‘N Nick’s investment property, ideally situated within one of Georgia’s most densely populated and heavily trafficked retail corridors. This offering presents a secure and stable long-term investment opportunity through a 15-year absolute NNN ground lease (land ownership) with zero landlord responsibilities. The lease is corporate-guaranteed by Jim ‘N Nick’s and ensures 1.75% annual rent increases over the initial term and three subsequent five-year option periods.This completely passive investment features Jim ‘N Nick’s new prototypical building design, engineered to support its “Fast-Casual Plus” service model, which blends full-service and Quick Service Restaurant (QSR) operations, highlighted by crucial amenities such as double drive-thru lanes with canopies, a two-sided kitchen line for extra service points, and a separate area for third-party delivery pickup, which is essential given that 60% of Jim ‘N Nick’s sales are generated through off-premises channels. With a 40-year operating history, Jim ‘N Nick’s is a rapidly growing brand boasting a significant presence of 58 locations across the South, including 21 in Georgia, demonstrating its strong brand recognition in the state. The chain is renowned for its slow-smoked, authentic Southern barbecue and dedication to genuine hospitality. The brand’s robust expansion continued with eight new restaurants opening in 2025, and an additional 10 in the development pipeline for 2026. This strategic expansion is spearheaded by its owner, Roark Capital, a leading private equity firm in the QSR industry. Roark Capital manages over $40 billion in assets across consumer and business service companies, specializing in franchise and franchise-like business models. Roark’s belief in this Fayetteville location is evident through the presence of their other brands in the immediate area, including Miller’s Ale House, Moe’s Southwest Grill, McAlister’s Deli, Hardee’s, and Dunkin’. This asset is strategically positioned within a newly developed retail project, benefiting from exceptional visibility and access along Interstate 85 (30,000 VPD), the primary north/south artery connecting Fayetteville to downtown Atlanta. The location offers a robust demographic profile, with a dense population of 106,146 and an average household income of $98,068 within a 5-mile radius. Directly across from the property is Fayette Pavilion, Georgia’s most visited open-air shopping center, attracting over 4.7 million annual visitors. This major retail hub is anchored by top-tier tenants including Target, Walmart, Home Depot, and Publix. The immediate vicinity also features a strong presence of leading QSRs within a 1-mile radius, such as McDonald’s, Chick-fil-A, Chipotle, and Panda Express. This offering represents a premier, management-free investment in a high-growth Atlanta submarket, backed by a top-performing tenant.

FOR SALE DETAILS

PRICE

$4,209,000 USD

PRICE/SF

$969 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Jim'N Nicks BBQ

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Fast Food, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

80

LAND DETAILS

LAND ACRES

2.18 AC

LAND SF

94,961 SF

ZONING

NC

APN/PARCEL ID

05-38-00-081

ASK ABOUT THIS PROPERTY

Hunter SteffienFaris Lee InvestmentsMore Info
949-221-1814

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Hunter SteffienFaris Lee InvestmentsMore Info
949-221-1814

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.