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273 Keys Ferry St 3,300 SF Retail Building McDonough, GA 30253 $1,242,400 ($376.48/SF) 10.42% Cap Rate

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INVESTMENT HIGHLIGHTS

Recently Vacated Wendy’s property presents a unique opportunity for value-add investors or owner-users
This Property sits on a prominent lot with excellent visibility and access
High-income trade area: $107,402 average household income within 5 miles

Tenant remains responsible for rent through January 16, 2029
High visibility location with excellent access and two curb cuts
Strong population growth: projected 6.5% increase over the next 5 years

EXECUTIVE SUMMARY

273 Keys Ferry Street is a prominently located, recently vacated Wendy’s property in the heart of McDonough, Georgia. Situated on a 1.02-acre lot with 151 feet of frontage along Keys Ferry Street and two curb cuts, the property enjoys excellent visibility and access along a high-traffic corridor, with 11,200 vehicles per day on Keys Ferry Street and 27,000 vehicles per day at the intersection of Keys Ferry Street and S Zack Hinton Parkway. Built in 2004, the approximately 3,300-square-foot building (to be confirmed) is just 30 miles from downtown Atlanta and 24 miles from Hartsfield-Jackson Atlanta International Airport.
The property is backed by an absolute NNN lease guaranteed by Meritage Hospitality Group, with contractual rent obligations in place through January 16, 2029. This rare offering gives investors and owner users exceptional flexibility, whether to reposition the building, pursue a new tenant, or capitalize on the site’s strong visibility and high traffic location. With zero landlord responsibilities and a nationally recognized guarantor, the asset delivers a compelling blend of stability and upside potential.
Located adjacent to McDonough’s historic downtown, the property benefits from a growing trade area with high household incomes and increasing population. Within a five-mile radius, the average household income is $107,402, and population is projected to grow 6.5% over the next five years. With its central location, strong demographics, and high traffic counts, 273 Keys Ferry Street represents a rare value-add investment or owner-user opportunity in one of Atlanta’s most desirable exurban markets.