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.