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5113 Washington Road
Evans, GA 30809
Wendys · Retail Property For Sale


INVESTMENT HIGHLIGHTS
- Brand New 2025 Construction | 20-Year Absolute NNN Lease | Zero Landlord Responsibilities
- Strong Franchisee Operator
- Publix-Anchored Shopping Center Outparcel
- Attractive 7.5% Rent Increases Every 5 Years
- Within Augusta, GA MSA | Population Exceeding 611,000
- Affluent Trade Area | Average Household Income Exceeds $181,225 (1-Mile), $163,841 (3-Mile), and $153,774 (5-Mile) Radius
EXECUTIVE SUMMARY
Marcus & Millichap is pleased to present for sale this brand-new, net-leased Wendy’s restaurant located at 5113 Washington Road in Evans, Georgia, a vibrant
and growing suburb of Augusta and part of the Augusta Metropolitan Statistical Area (Population 611,000). The property features a 2,010-square-foot building
on a 0.98-acre parcel and is strategically positioned as an outparcel to a Publix anchored shopping center, benefiting from strong daily traffic and consistent crossshopping activity. The surrounding trade area features dense residential development, with numerous nearby apartment communities including Ansley at Town Center, Walden Glen, The Premier, Reed Creek Apartments, Gateway Crossing, The Heron at River Island, and Traditions at Augusta. In addition, several higher-education institutions—including
Georgia Military College, Helms College, Augusta University, Augusta Technical College, and James M. Hull College of Business—provide a stable, diverse population base and long-term demand drivers. The property is leased to JAI Augusta, LLC, a proven multi-unit franchisee operating 14+ Wendy’s restaurants, underscoring strong operator experience and financial commitment. The lease is structured as an absolute triple-net (NNN) lease with zero landlord responsibilities, providing truly passive ownership. It features a 20-year base term commencing at Close of Escrow, with 7.5 percent rent increases every five years during both the base term and four 5-year renewal options.
Founded in 1969 by Dave Thomas, Wendy’s has grown into one of the world’s most recognizable quick-service restaurant (QSR) brands, with more than 7,000 locations worldwide and annual revenues exceeding $2.2 billion. Known for its fresh, never frozen beef, signature square hamburgers, and iconic menu items such as the Frosty®, Wendy’s continues to differentiate itself in the highly competitive QSR sector through a focus on quality, innovation, and strong brand equity. With its new 2025 construction, long-term absolute NNN lease, strong franchisee guaranty, and prime positioning within a Publix-anchored retail corridor, this property represents a premier opportunity for investors seeking stable, long-term, inflation-protected income in a growing Southeast market.
and growing suburb of Augusta and part of the Augusta Metropolitan Statistical Area (Population 611,000). The property features a 2,010-square-foot building
on a 0.98-acre parcel and is strategically positioned as an outparcel to a Publix anchored shopping center, benefiting from strong daily traffic and consistent crossshopping activity. The surrounding trade area features dense residential development, with numerous nearby apartment communities including Ansley at Town Center, Walden Glen, The Premier, Reed Creek Apartments, Gateway Crossing, The Heron at River Island, and Traditions at Augusta. In addition, several higher-education institutions—including
Georgia Military College, Helms College, Augusta University, Augusta Technical College, and James M. Hull College of Business—provide a stable, diverse population base and long-term demand drivers. The property is leased to JAI Augusta, LLC, a proven multi-unit franchisee operating 14+ Wendy’s restaurants, underscoring strong operator experience and financial commitment. The lease is structured as an absolute triple-net (NNN) lease with zero landlord responsibilities, providing truly passive ownership. It features a 20-year base term commencing at Close of Escrow, with 7.5 percent rent increases every five years during both the base term and four 5-year renewal options.
Founded in 1969 by Dave Thomas, Wendy’s has grown into one of the world’s most recognizable quick-service restaurant (QSR) brands, with more than 7,000 locations worldwide and annual revenues exceeding $2.2 billion. Known for its fresh, never frozen beef, signature square hamburgers, and iconic menu items such as the Frosty®, Wendy’s continues to differentiate itself in the highly competitive QSR sector through a focus on quality, innovation, and strong brand equity. With its new 2025 construction, long-term absolute NNN lease, strong franchisee guaranty, and prime positioning within a Publix-anchored retail corridor, this property represents a premier opportunity for investors seeking stable, long-term, inflation-protected income in a growing Southeast market.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,010 SF
Building Class
B
Year Built
2026
Construction Status
Under Construction
Price
$2,628,771
Price Per SF
$1,307.85
Cap Rate
5.25%
NOI
$138,010
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.98 AC
Parking
15 Spaces (7.46 Spaces per 1,000 SF Leased)
Frontage
247’ on Washington Road
PROPERTY TAXES
| Parcel Number | 065-898 | Improvements Assessment | $0 |
| Land Assessment | $395,342 | Total Assessment | $395,342 |
PROPERTY TAXES
Parcel Number
065-898
Land Assessment
$395,342
Improvements Assessment
$0
Total Assessment
$395,342
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