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Wendy's 1133 Bankhead hwy

2,556 SF Retail Building Carrollton, GA 30116 $1,728,000 ($676/SF) 5.50% Cap Rate

Investment Highlights

  • New 15 Year Absolute NNN Ground Lease
  • Experienced Franchisee with 40+ Units and over 50 Years Experience with the Wendy’s Brand
  • Outparcel to Regal Carrollton Movie Theater
  • 10% Rental Increases Every 5 Years
  • High Traffic Location with over 35,000 vehicles per day in front of the restaurant
  • New 2022 construction featuring a dedicated drive-thru

Property Facts

Sale Type
Investment
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,556 SF
Building Class
B
Year Built
2022
Price
$1,728,000
Price Per SF
$676
Cap Rate
5.50%
NOI
$95,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Land Acres
0.77 AC
Zoning
RESIDENTIA

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
C05-0310067
Land Assessment
$308,000
Improvements Assessment
$254,925
Total Assessment
$562,925
  • Listing ID: 30190244

  • Date on Market: 10/29/2024

  • Last Updated:

  • Address: 1133 Bankhead hwy, Carrollton, GA 30116

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