6241 Jonesboro Hwy - Fast Food FOR SALE


Morrow, GA 30260
$2,218,182 USD
332-345-4268
6241 Jonesboro Hwy, Morrow, GA for Sale
$2,218,182 USD
Fast Food - FOR SALE
1/3
null | 5.5% Cap Rate

6241 Jonesboro Hwy
Morrow, GA 30260


HIGHLIGHTS

  • Strong Franchisee
  • Proximity to Clayton County Convocation Center
  • Strong Retail Corridor
  • High Traffic and Accessibility

OVERVIEW

Surmount is pleased to present the exclusive listing for a Wendy's located at 6241 Jonesboro Rd, Morrow, GA 30260. The site consists of roughly 2,110 rentable square feet of building space on an estimated 1.07-acre parcel of land. This Wendy's is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $122,000 and has scheduled increases of lesser of change in CPI or 1.50% annually.

FOR SALE DETAILS

PRICE

$2,218,182 USD

PRICE/SF

$672 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wendy's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.07 AC

LAND SF

46,609 SF

ZONING

NB

APN/PARCEL ID

12-0143C-00B-005

ASK ABOUT THIS PROPERTY

Ryan SblendorioSurmountMore Info
332-345-4268

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

Ryan SblendorioSurmountMore Info
332-345-4268

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