5113 Washington Road - Fast Food FOR SALE


Evans, GA 30809
$2,628,771 USD
786-522-7013
5113 Washington Road, Evans, GA for Sale
$2,628,771 USD
Fast Food - FOR SALE
1/3
null | 5.25% Cap Rate

5113 Washington Road
Evans, GA 30809


HIGHLIGHTS

  • Brand New 2025 Construction | 20-Year Absolute NNN Lease | Zero Landlord Responsibilities
  • Attractive 7.5% Rent Increases Every 5 Years
  • Strong Franchisee Operator
  • Within Augusta, GA MSA | Population Exceeding 611,000
  • Publix-Anchored Shopping Center Outparcel
  • Affluent Trade Area | Average Household Income Exceeds $181,225 (1-Mile), $163,841 (3-Mile), and $153,774 (5-Mile) Radius

OVERVIEW

Marcus & Millichap is pleased to present for sale this brand-new, net-leased Wendy’s restaurant located at 5113 Washington Road in Evans, Georgia, a vibrant and growing suburb of Augusta and part of the Augusta Metropolitan Statistical Area (Population 611,000). The property features a 2,010-square-foot building on a 0.98-acre parcel and is strategically positioned as an outparcel to a Publix anchored shopping center, benefiting from strong daily traffic and consistent crossshopping activity. The surrounding trade area features dense residential development, with numerous nearby apartment communities including Ansley at Town Center, Walden Glen, The Premier, Reed Creek Apartments, Gateway Crossing, The Heron at River Island, and Traditions at Augusta. In addition, several higher-education institutions—including Georgia Military College, Helms College, Augusta University, Augusta Technical College, and James M. Hull College of Business—provide a stable, diverse population base and long-term demand drivers. The property is leased to JAI Augusta, LLC, a proven multi-unit franchisee operating 14+ Wendy’s restaurants, underscoring strong operator experience and financial commitment. The lease is structured as an absolute triple-net (NNN) lease with zero landlord responsibilities, providing truly passive ownership. It features a 20-year base term commencing at Close of Escrow, with 7.5 percent rent increases every five years during both the base term and four 5-year renewal options. Founded in 1969 by Dave Thomas, Wendy’s has grown into one of the world’s most recognizable quick-service restaurant (QSR) brands, with more than 7,000 locations worldwide and annual revenues exceeding $2.2 billion. Known for its fresh, never frozen beef, signature square hamburgers, and iconic menu items such as the Frosty®, Wendy’s continues to differentiate itself in the highly competitive QSR sector through a focus on quality, innovation, and strong brand equity. With its new 2025 construction, long-term absolute NNN lease, strong franchisee guaranty, and prime positioning within a Publix-anchored retail corridor, this property represents a premier opportunity for investors seeking stable, long-term, inflation-protected income in a growing Southeast market.

FOR SALE DETAILS

PRICE

$2,628,771 USD

PRICE/SF

$1,308 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wendys

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.98 AC

LAND SF

42,689 SF

ZONING

-

APN/PARCEL ID

065-898

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 Notice.