Log In/Sign Up
Your email has been sent.
Wendy's 6241 Jonesboro Hwy 2,110 SF Retail Building Morrow, GA 30260 $2,218,182 ($1,051.27/SF) 5.50% Cap Rate
Investment Highlights
- Strong Franchisee
- Strong Retail Corridor
- Proximity to Clayton County Convocation Center
- High Traffic and Accessibility
Executive Summary
Surmount is pleased to present the exclusive listing for a Wendy's located at 6241 Jonesboro Rd, Morrow, GA 30260. The site consists of roughly 2,110 rentable square feet of building space on an estimated 1.07-acre parcel of land. This Wendy's is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $122,000 and has scheduled increases of lesser of change in CPI or 1.50% annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,110 SF
Building Class
B
Year Built/Renovated
1990/2017
Price
$2,218,182
Price Per SF
$1,051.27
Cap Rate
5.50%
NOI
$122,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.07 AC
Zoning
NB - Commercial district zoned
Frontage
95’ on Jonesboro Rd
Amenities
- Pylon Sign
- Drive Thru
Nearby Major Retailers
Property Taxes
| Parcel Number | 12-0143C-00B-005 | Improvements Assessment | $365,920 |
| Land Assessment | $55,920 | Total Assessment | $421,840 |
Property Taxes
Parcel Number
12-0143C-00B-005
Land Assessment
$55,920
Improvements Assessment
$365,920
Total Assessment
$421,840
Contacts
-
Ryan Sblendorio -
Kyle Karsian -
Andrew Darby -
Glen Kunofsky -
Christopher Marks -
Surmount
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Wendy's | 6241 Jonesboro Hwy
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.