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1730 Walton Way
Augusta, GA 30904
Retail Property For Sale


INVESTMENT HIGHLIGHTS
- Wendy’s Restaurant with Drive Thru being Remodeled by 4th Quarter 2024
- Attractive 7.5% Rent Increases Every 5 Years
- 20 Year Absolute NNN Lease | No Landlord Responsibilities
EXECUTIVE SUMMARY
Marcus & Millichap is pleased to present for sale this Wendy’s Restaurant with drive thru located at 1730 Walton Way in Augusta, Georgia. Augusta is a consolidated city-county on the central eastern border of the state of Georgia. It is Georgia’s third most populous city with a population of 202,081 and it lies directly across the Savannah River from North Augusta, South Carolina. Augusta is best known for hosting the Master’s Golf Tournament every Spring. Augusta is a regional center of medicine, biotechnology and cyber security. Augusta University, the state’s only public health sciences graduate university, employs over 7,000 people. Major employers in Augusta include Starbucks, Augusta Coc-Cola, Nutrient, Graphic Packaging International, Ferrara USA, Nutrient and Cardinal Health.
Numerous colleges and universities surround this Wendy’s Restaurant
including Augusta College with 2,537 enrolled students, East Georgia State College with 2,999 enrolled students, and Paine College with 251 enrolled students.
Many apartment complexes surround this property including Beacon Station Apartments, The Row Apartments, Canalside Apartments, Ironwood Apartment Homes, River Edge Apartments, Magnolia Park Apartments and East Augusta Commons.
Also nearby this property is MCG Medical Center, a major medical center
in the area with 478 Beds serving the community.
Wendy’s was founded in 1969 by Dave Thomas in Columbus, Ohio. Dave built his business on the premise “Quality is our Recipe.” Today Wendy’s and its franchisees employ thousands of people across 7,000 restaurants worldwide. Wendy’s is best known for made-to-order square hamburgers
using fresh and never frozen beef, freshly prepared salads chili, baked potatoes and the Frosty Dessert.
Numerous colleges and universities surround this Wendy’s Restaurant
including Augusta College with 2,537 enrolled students, East Georgia State College with 2,999 enrolled students, and Paine College with 251 enrolled students.
Many apartment complexes surround this property including Beacon Station Apartments, The Row Apartments, Canalside Apartments, Ironwood Apartment Homes, River Edge Apartments, Magnolia Park Apartments and East Augusta Commons.
Also nearby this property is MCG Medical Center, a major medical center
in the area with 478 Beds serving the community.
Wendy’s was founded in 1969 by Dave Thomas in Columbus, Ohio. Dave built his business on the premise “Quality is our Recipe.” Today Wendy’s and its franchisees employ thousands of people across 7,000 restaurants worldwide. Wendy’s is best known for made-to-order square hamburgers
using fresh and never frozen beef, freshly prepared salads chili, baked potatoes and the Frosty Dessert.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,416 SF
Building Class
C
Year Built/Renovated
1977/2024
Price
$2,761,904
Price Per SF
$1,143.17
Cap Rate
5.25%
NOI
$145,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.47 AC
Opportunity Zone
Yes
Zoning
B-1
Parking
40 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Drive Thru
PROPERTY TAXES
| Parcel Number | 0354582000 | Improvements Assessment | $142,336 |
| Land Assessment | $65,514 | Total Assessment | $207,850 |
PROPERTY TAXES
Parcel Number
0354582000
Land Assessment
$65,514
Improvements Assessment
$142,336
Total Assessment
$207,850
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