1730 Walton Way - Fast Food FOR SALE


Augusta, GA 30904- Midtown Augusta
$2,761,904 USD
786-522-7013
1730 Walton Way, Augusta, GA for Sale
$2,761,904 USD
Fast Food - FOR SALE
1/6
null | 5.25% Cap Rate

1730 Walton Way
Augusta, GA 30904
Midtown Augusta


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

OVERVIEW

Marcus & Millichap is pleased to present for sale this Wendy’s Restaurant with drive thru 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 populous 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, Nutrient, Graphic Packaging International, Ferrara USA, Nutrient 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.

FOR SALE DETAILS

PRICE

$2,761,904 USD

PRICE/SF

$1,143 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,473 SF

ZONING

B-1

APN/PARCEL ID

0354582000

ASK ABOUT THIS PROPERTY

Ronnie IssenbergMarcus & MillichapMore Info
786-522-7013

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Ronnie IssenbergMarcus & MillichapMore Info
786-522-7013

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