4071 Covington Hwy | Decatur, GA 30032
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4071 Covington Hwy
Decatur, GA 30032
Wendy's · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 20-Year Triple Net Lease (NNN) | The landlord has zero lease responsibilities.
- Attractive Rental Increases | Lesser of change in CPI, or 1.50% Annually.
- Strong Franchisee Guarantee Meritage Hospitality Group is an experienced 388+ unit operator, and is one of the largest Wendy's franchisee in the world
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,926 SF
Building Class
C
Year Built/Renovated
1992/2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.90 AC
Zoning
C1, DeKalb County - Retail commercial
Parking
4 Spaces (1.37 Spaces per 1,000 SF Leased)
Frontage
111’ on Covington
AMENITIES
- Drive Thru
PROPERTY TAXES
| Parcel Number | 15-197-18-001 | Improvements Assessment | $933,072 |
| Land Assessment | $388,608 | Total Assessment | $1,321,680 |
PROPERTY TAXES
Parcel Number
15-197-18-001
Land Assessment
$388,608
Improvements Assessment
$933,072
Total Assessment
$1,321,680
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