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1110 Richard D Sailors Pky
Powder Springs, GA 30127 Kennesaw

$2,350,000 USD

Fast Food For Sale  •  2,777 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 2,777 SF
  • Lot Size 0.7 AC
  • Building Class B
  • Year Built 1999
  • Cap Rate 5.63 %
  • Tenancy Single
  • Zoning CRC
0 Transit Score
50 Walk Score

Highlights

NNN Lease | ±10 Years Remaining Through August 2036 | Zero Landlord Responsibilities
Six (6) Five-Year Renewal Options | Up to 40 Years of Total Term
CPI-Linked Rent Increases Every 5 Years | 5% Cap | $132,300 NOI at 5.63% CAP
Guaranteed by Meritage Hospitality Group Inc. | 375+ Wendy's Locations Across 15+ States
Recently Renovated to Wendy's Modern Prototype Standards (2017)
Richard D. Sailors Pkwy Frontage | ±27,314 VPD | Intersection w/ New Macland Rd (±8,727 VPD)

Property Flyers

Cap Rate: 5.63 %

Amenities

  • Signage
  • Drive Thru

Public Transportation

AirportDriveWalkDistance
Hartsfield - Jackson Atlanta International 46 min - 30.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 46
Type: Surface
Included in Rent: Yes
Nick Solomon 310-529-2592 Marcus & Millichap
Nick Solomon 310-529-2592 Marcus & Millichap