273 Keys Ferry St - Fast Food FOR SALE


McDonough, GA 30253
$1,242,400 USD
818-212-2776
273 Keys Ferry St, McDonough, GA for Sale
$1,242,400 USD
Fast Food - FOR SALE
1/11
null | 10.42% Cap Rate

Jan '29


273 Keys Ferry St
McDonough, GA 30253


HIGHLIGHTS

  • Recently Vacated Wendy’s property presents a unique opportunity for value-add investors or owner-users
  • Tenant remains responsible for rent through January 16, 2029
  • This Property sits on a prominent lot with excellent visibility and access
  • High visibility location with excellent access and two curb cuts
  • High-income trade area: $107,402 average household income within 5 miles
  • Strong population growth: projected 6.5% increase over the next 5 years

OVERVIEW

273 Keys Ferry Street is a prominently located, recently vacated Wendy’s property in the heart of McDonough, Georgia. Situated on a 1.02-acre lot with 151 feet of frontage along Keys Ferry Street and two curb cuts, the property enjoys excellent visibility and access along a high-traffic corridor, with 11,200 vehicles per day on Keys Ferry Street and 27,000 vehicles per day at the intersection of Keys Ferry Street and S Zack Hinton Parkway. Built in 2004, the approximately 3,300-square-foot building (to be confirmed) is just 30 miles from downtown Atlanta and 24 miles from Hartsfield-Jackson Atlanta International Airport. The property is backed by an absolute NNN lease guaranteed by Meritage Hospitality Group, with contractual rent obligations in place through January 16, 2029. This rare offering gives investors and owner users exceptional flexibility, whether to reposition the building, pursue a new tenant, or capitalize on the site’s strong visibility and high traffic location. With zero landlord responsibilities and a nationally recognized guarantor, the asset delivers a compelling blend of stability and upside potential. Located adjacent to McDonough’s historic downtown, the property benefits from a growing trade area with high household incomes and increasing population. Within a five-mile radius, the average household income is $107,402, and population is projected to grow 6.5% over the next five years. With its central location, strong demographics, and high traffic counts, 273 Keys Ferry Street represents a rare value-add investment or owner-user opportunity in one of Atlanta’s most desirable exurban markets.

FOR SALE DETAILS

PRICE

$1,242,400 USD

PRICE/SF

$376 USD /SF

CAP RATE

10.42%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.01 AC

LAND SF

43,996 SF

ZONING

C3

APN/PARCEL ID

0M20-10-008-000

ASK ABOUT THIS PROPERTY

Brin HamblinAgnew | Serling GroupMore Info
818-212-2776

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Brin HamblinAgnew | Serling GroupMore Info
818-212-2776

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