Wendy's | 1133 Bankhead hwy
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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
Property Type
Retail
Property Subtype
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
Parcel Number | C05-0310067 | Improvements Assessment | $254,925 |
Land Assessment | $308,000 | Total Assessment | $562,925 |
PROPERTY TAXES
Parcel Number
C05-0310067
Land Assessment
$308,000
Improvements Assessment
$254,925
Total Assessment
$562,925
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Wendy's | 1133 Bankhead hwy
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