Wendy’s

Flowery Branch, Georgia

Marcus & Millichap is pleased to present the exclusive listing for a Wendy’s located at 4219 Martin Road in Flowery Branch, GA . The property consists of 2747 square feet of building space and is situated on approximately 1.4 acres of land. This Wendy’s is subject to a 20-year triple-net (NNN) lease, which will commence at closing. The annual rent is $138,750 and is scheduled to increase by the lesser of the change in CPA and 1.25% annually throughout the base term, beginning in Year 3 and in each of the Six (6), Five (5)- Year option periods.

About the Investment
Brand New 20-Year Sale-Leaseback
Triple Net (NNN) Lease with Zero Landlord Responsibilities
Attractive Rental Increases | Lesser of Change in CPI or One and a Quarter Percent (1.25%) Annually Starting in Year 3
Six (6) Tenant Renewal Periods of Five (5) Years Each
Brand New Construction | Opening December 2022

Key Details

Price:: $2,921,053
Cap Rate:: 4.75%
Annual Rent:: $138,750
Address:: 4219 Martin Road, Flowery Branch, Georgia 30542
Property Type:: Quick Service Restaurant
Lease Type:: Triple Net (NNN)

Original Lease Term:: 20 Years
Lease Commencement:: Day Following Close of Escrow
Lease Expiration:: 20 Years from Close of Escrow
Lease Term Remaining:: 20 Years
Rental Increases:: Lesser of Change in CPI or 1.25% Annually Starting Year 3
Lot Size:: 1.403 Acres
Building Size:: 2,747 SF
Year Built:: 2022
Tenant:: Wendy’s