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33265592
33265594

3639 Victory Drive, Columbus, GA 31903 For Sale

DM
GA 292036, NC LC444 (+1)
Marcus & Millichap - Atlanta
Marcus & Millichap - Atlanta
Listed by Marcus & Millichap - Atlanta
$2,258,000
47 days on market
Updated 47 days ago
Opportunity zone

Wendy’s | Adjacent to Walmart

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant (+1)
Square Footage 3,156
Cap Rate 7.00%
NOI $158,010
Occupancy 100%
Tenancy Single
Brand/Tenant Wendy's
Lease Type NNN
Lease Expiration 03/01/2034
Remaining Term 7.8
Rent Bumps Yes
Year Built 1982
Year Renovated 2019
Acreage 0.600
Investment Type Net Lease
Tenant Credit Franchisee
Lease Commencement 03/01/2014
Ground Lease No

Near Fort Benning

Investment highlights

CORNER LOT ON HWY 280 (27,700 VPD) | ADJACENT TO WALMART SUPERCENTER

• Subject property is positioned on a corner lot on Highway 280 (27,700 VPD) and is adjacent to a Walmart Supercenter.

• This Wendys is only 6 miles away from Fort Benning with over 120,000 active military personnel and families.

INTERSTATE LOCATION (41,200 VPD)

• Subject Property is only 1.5 miles from an I-185 exit (41,200 VPD).

COLUMBUS | 2ND LARGEST CITY IN GA & HOME TO FORT BENNING

• Columbus is Georgia’s second-largest city and serves as the county seat of Muscogee County, with a population

exceeding 200,000 residents and a metropolitan population of approximately 330,000.

• Home to Fort Benning, the fifth largest U.S. military base with over 120,000 active military personnel and families with

an annual economic impact of more than $4.75 billion.

• Columbus serves as a major regional employment hub with a diverse economy anchored by defense, healthcare,

manufacturing, financial services, aerospace, logistics, and technology industries.

• Additional points of interest include Columbus State University (8,200 Students), The Columbus Airport, and The

Peachtree Mall (108 Stores)

• The city’s key industries include aerospace, automotive, biosciences, defense, manufacturing, technology and tourism

NNN LEASE GUARANTEED BY WENDELTA (220 UNIT OPERATOR)

• The lease is guaranteed by Wendelta, Inc, one of the largest Wendy’s Franchisees in the Country.

• Wendelta operates more than 220 Wendy’s restaurants across 11 states throughout the Southeast and South-Central U.S.

• Subsidiary of Carlisle Corporation | Privately held company with more than 40 years of experience owning and operating

Wendy’s restaurants

7.75 YEAR NNN LEASE WITH RENT INCREASES

• Wendy’s signed a 20 year lease in 2014 that expires in March 2034. There are 7.75 years remaining on the 20 year NNN

lease.

• The tenant is fully responsible for all responsibilities and expenses including Roof, Structure, Parking Lot, Taxes,

Insurance, HVAC, and Utilities.

• There are 100% no Landlord Responsibilities.

• 8% rent increases every 5 years in the initial lease term and options.

Listing Contacts

DM
GA 292036, NC LC444 (+1)
Marcus & Millichap - Atlanta
Marcus & Millichap - Atlanta
Listed by Marcus & Millichap - Atlanta

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$158,010.00
$13,167.50/mo

Valuation Metrics

0
DSCR
7%
Cap Rate
7%
ROI

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