4268 Ogeechee Rd - Fast Food FOR SALE


Savannah, GA 31405- South Chatham Parkway
$2,367,000 USD
949-221-1803
4268 Ogeechee Rd, Savannah, GA for Sale
$2,367,000 USD
Fast Food - FOR SALE
1/2
null | 4.9% Cap Rate

4268 Ogeechee Rd
Savannah, GA 31405
South Chatham Parkway


HIGHLIGHTS

  • Brand new, drive-thru Wendy’s in Savannah, GA | Long term & rare initial 20 year lease
  • 10% fixed rental increases every 5 years | Absolute NNN lease: ultimate ease of management for investor
  • Fee Simple interest: Land & Building ownership
  • Large Multi-Unit Operator | 87+ Wendy’s units & 11+ Wingstop units
  • Estimated $175,000,000 - $200,000,000 dollars in revenue per QSR Magazine
  • Ranked the 89th largest franchise operator in the U.S. by Revenue, per QSR Magazine

OVERVIEW

BROKER OF RECORD... JEREMY YARBROUGH...License No: H-62003 Faris Lee Investments is pleased to present the opportunity to acquire a brand new, drive-thru Wendy’s located in the heart of Savannah, Georgia. The city has become known as one of the nation’s fastest-growing markets and home to the flourishing Port of Savannah. This QSR asset sits prominently on Ogeechee Road (GA Highway 17), a retail-dense corridor with ±27,000 vehicles per day and filled with national QSR brands. Wendy’s opened for business in September 2024 following a full renovation, and commenced a 20-year absolute NNN lease with no landlord responsibilities. The property is positioned within close proximity to Hunter Army Airfield (2.0 miles), Downtown Savannah (4.0 miles), and the Port of Savannah (5.25 miles), ensuring a consistent base of local residents and flow of daytime traffic. The long-term lease, strong real estate fundamentals, and absence of landlord responsibilities creates an outstanding investment opportunity for a passive investor. The subject property is embedded within the city of Savannah (GA), a market that continues to experience massive growth from port activity (4th busiest in the U.S.), new corporate investment, and infrastructure expansion. There are more than 123,000 residents within a 5-mile radius of the site. Major regional employers in the trade area include Gulfstream Aerospace, International Paper, Hyundai, and JCB. Additionally, the city of Savannah issued a record number of building construction permits in 2024, further solidifying its place as an expanding market in the Southeast. This fee simple Wendy’s offering combines strong real estate fundamentals in a high-growth market, intrinsic ownership, and a national QSR branded-tenant, making it an exceptional opportunity for investors looking to acquire an Absolute NNN investment property.

FOR SALE DETAILS

PRICE

$2,367,000 USD

PRICE/SF

$1,070 USD /SF

CAP RATE

4.9%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wendy's | Rare 20-Yr Initial Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

1.01 AC

LAND SF

43,996 SF

ZONING

PUDBR

APN/PARCEL ID

2083501036

ASK ABOUT THIS PROPERTY

Tyler StraussFaris Lee InvestmentsMore Info
949-221-1803

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Tyler StraussFaris Lee InvestmentsMore Info
949-221-1803

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