6103 Hickory Flat Hwy - Fast Food FOR SALE


Canton, GA 30115
$2,770,000 USD
415-690-5522
6103 Hickory Flat Hwy, Canton, GA for Sale
$2,770,000 USD
Fast Food - FOR SALE
1/7
null | 5% Cap Rate

6103 Hickory Flat Hwy
Canton, GA 30115


HIGHLIGHTS

  • 15-year absolute NNN ground lease to a strong corporate tenant
  • 10% rental increases in initial term and option periods
  • No landlord management, ideal for an out-of-area investor
  • Whataburger is an iconic Texas fast food restaurant chain with more than 1,080 locations across 16 states and 51,000 employees
  • In 2023, Whataburger ranked #34 on the 2023 Franchise Times 400 list as one of the top franchise restaurant chains in the U.S
  • The iconic Texas chain sold a majority stake to Chicago-based BDT Capital in 2019 to support Whataburger’s expansion beyond Texas.

OVERVIEW

This Whataburger is strategically located on Hickory Flat Highway in Hickory Flat, GA, a prime site within the rapidly growing community of Canton, part of the Atlanta Metropolitan Statistical Area (MSA). The property is situated near a prominent intersection on Hickory Flat Highway, offering excellent visibility and access to a steady flow of traffic. The site is located within a dense retail corridor, directly benefiting from its proximity to well-established national retailers such as Publix, The Home Depot, Kroger, CVS Pharmacy, and Walmart Supercenter. Just three miles from The Outlet Shoppes at Atlanta, this location attracts significant foot traffic from one of the largest outlet malls in Georgia. The surrounding retail amenities make this Popeyes a convenient stop for shoppers and local residents alike. The average household income in this area is $173,953, reflecting the strong purchasing power of the local community. The broader area, within five miles, is home to 68,035 residents, with expectations to grow to 72,947 by 2029, demonstrating strong market fundamentals that will continue to support this location. Located just minutes from Interstate 575, the property offers easy access to major transportation routes, connecting Hickory Flat to the greater Atlanta area. This strategic location not only attracts local traffic but also draws customers from the surrounding communities, making it an ideal spot for long-term business success

FOR SALE DETAILS

PRICE

$2,770,000 USD

PRICE/SF

$866 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Whataburger

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

4.69 AC

LAND SF

204,169 SF

ZONING

-

APN/PARCEL ID

015N26-00000-134-000-0000

ASK ABOUT THIS PROPERTY

Vincent AicaleCushman & WakefieldMore Info
415-690-5522

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Vincent AicaleCushman & WakefieldMore Info
415-690-5522

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