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Freestanding Wendy's Drive-Thru
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1110 Richard D Sailors Pkwy, Powder Springs, GA 30127

Freestanding drive-thru restaurant offered with a long-term NNN lease and CPI-linked rent increases through August 2036.

Property Size2,777 SF
Lot Size0.70 Acres
Price / SF$846.24
Days on Market51

Property Features for 1110 Richard D Sailors Pkwy

General Information

Standard status Active
Size 2,777 SF
Lot size 0.70 Acres
Property subtype Retail

Additional Details

Cap Rate 5.63%
Traffic Count 27,314 vehicles/day

Building Details

Year Built 1999
Year Renovated 2017
Listing Agency: Marcus & Millichap - Los Angeles
Listed By: Jason Fefer · License #CA 02100489
Source: Crexi
Added: Jun 16 Changed: Jul 10 Last Checked: Aug 5 at 3:53PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Los Angeles

Investment Insights

Based on property information with market context.

This freestanding Wendy’s drive-thru restaurant totals 2,777 square feet and was originally built in 1999. The building was renovated to Wendy’s modern prototype standards in 2017 (est.) and is situated on approximately 0.70 acres. The property is operated under an NNN lease structure with zero landlord responsibilities, supported by a tenant guarantee from Meritage Hospitality Group Inc.

The site fronts Richard D. Sailors Parkway, with reported traffic of 27,314 VPD at the property, and is located at its intersection with New Macland Road, with 8,727 VPD noted. Corridor neighbors identified in the offering include Publix, Walgreens, Great Clips, and Jersey Mike’s directly adjacent.

The NNN lease has approximately 10 years remaining through August 2036 and includes six (6) five-year renewal options. Annual base rent is $132,300 and includes CPI-linked rent increases every five years, capped at 5%. The property is positioned within the Atlanta MSA and Cobb County submarket, with the report citing a growing local area and nearby development activity, including an 88-home Meritage Homes community under construction and a Richard D. Sailors Parkway resurfacing project underway through 2026.

Key Highlights

  • Freestanding Wendy's drive‑thru built in 1999 with a 2,777 SF restaurant and 0.70 acres
  • NNN lease structure with approximately 10 years remaining through August 2036 and six 5‑year renewal options
  • Annual base rent of $132,300 with CPI‑linked rent increases every five years, capped at 5%

Property Analytics

Current Use

Wendy's Restaurant

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Bakery Skin Care Clinic (Bike/Boat/Book/etc) Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

27,314 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

444
Businesses Nearby
211k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 34% Shops & Services 31% Groceries 21% Home Improvements & Furnishings 13%
Publix Groceries
44,817 visits/mo 0.2 miles
The Home Depot Home Improvements & Furnishings
27,270 visits/mo 0.4 miles
McDonald's Dining
26,979 visits/mo 0.3 miles
BP Shops & Services
14,323 visits/mo 0.3 miles
Wells Fargo Shops & Services
12,397 visits/mo 0.2 miles

Demographics for 30127, GA

68,574
Population
25,289
Households
2.7
Avg Household Size
40
Median Age
40%
College-Educated
92%
High-School Grad
51.3 sq mi
ZIP Area
1,337
Density / Sq Mi
$104,997
Median Household Income
$48,049
Median Earnings
$1,800
Median Rent
$322,800
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Freestanding drive-thru restaurant offered with a long-term NNN lease and CPI-linked rent increases through August 2036.
Where is this drive through restaurant located?
The property is located at 1110 Richard D Sailors Pkwy Powder Springs, GA.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: Freestanding Wendy's drive‑thru built in 1999 with a 2,777 SF restaurant and 0.70 acres; NNN lease structure with approximately 10 years remaining through August 2036 and six 5‑year renewal options; Annual base rent of $132,300 with CPI‑linked rent increases every five years, capped at 5%
More about this property
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