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200 Virginia Pky
Waynesboro, GA 30830
Wendy's · Retail Property For Sale
Investment Highlights
- 16+ Year NNN Lease
- Zero LL Responsibilities
- 8% Increases Every 5 Years
- Next rent bump April 2027
Executive Summary
Oswald Cooke & Associates is pleased to present a single tenant Wendy’s restaurant located at 200 Virginia Parkway in Waynesboro, GA for sale. The 20-year term commenced in April 2022 and offers (4) 5-Year renewal options. The lease is subject to 8% increases every 5 years with the next bump coming in April 2027. The 2,926 square foot restaurant is guaranteed by JAI Augusta, LLC. National Retailers in the immediate area include: Walmart Super Center, Tractor Supply, Dollar Tree, KFC, Burger King, Verizon, Zaxby’s, McDonalds, and many others.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,926 SF
Building Class
B
Year Built
2019
Price
$3,624,399 CAD
Price Per SF
$1,238.69 CAD
Cap Rate
5.56%
NOI
$201,517 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.55 AC
Opportunity Zone
Yes
Parking
33 Spaces (11.28 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 065-057C | Improvements Assessment | $448,473 CAD |
| Land Assessment | $153,738 CAD | Total Assessment | $602,211 CAD |
Property Taxes
Parcel Number
065-057C
Land Assessment
$153,738 CAD
Improvements Assessment
$448,473 CAD
Total Assessment
$602,211 CAD
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