135 Fischer Rd
Sharpsburg, GA 30277
Wendy's · Retail Property For Sale

Marcus & Millichap is pleased to exclusively offer for purchase the freestanding, fee simple Wendy’s ground lease investment located on the northern end of Georgia Highway 34/54 in Sharpsburg, a growing segment of metro Atlanta, Georgia. Wendy’s maintains frontage and visibility along Highway 34/54, a 5-lane surface road with designated turn lanes. Additionally, Wendy’s is located at a signalized intersection which provides for easy ingress and egress. The subject property is strategically located on a ±0.975 acre outparcel to Fischer Crossing Shopping Center, a 300k+ SF planned mixed-use development currently shadow anchored by Sam’s Club. Wendy’s opened for business in September of 2017. Wendy’s is located within a dense and affluent residential corridor which is supported by several nearby national retailers. The estimated population within a 5-mile radius is ±61k people, which has grown at an explosive rate of 182.35% since 2000. Over the next five years, the population is expected to continue to grow by an additional 22.48%. The average household income within a 1-mile radius is ±$93k and ±$107k within 3- and 5-mile radii. Some of the surrounding retailers include Sam’s Club, NCG Cinema, Walmart, The Home Depot, HomeGoods, TJ Maxx, Chick-fil-A, and The Avenue Peachtree City, which is a ±183k SF outdoor lifestyle center. This investment is accompanied by a corporately guaranteed lease by Quality Is Our Recipe, LLC, the owner and franchisor of the Wendy’s restaurant system in the U.S. The initial base term of the lease is for a period of 15 years with three (3), five-year renewal options. Throughout the entire base term and each renewal options, the rent escalates by 10 percent every five years. Founded in 1969, Wendy’s currently has nearly 7,000 locations in 29 countries throughout the world.