Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    517 Martintown Rd North Augusta, SC 29841

    Sponsored
    For Sale
    $2,476,190

    High-yield QSR in North Augusta, SC

    Property size:
    2,900 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a fee-simple, 2,900 square foot Wendy's restaurant located at 517 E Martintown Rd, North Augusta, SC 29841. The property boasts a 20-year absolute NNN lease with a franchisee tenant, commencing December 14, 2024, and expiring December 13, 2044. The lease includes four five-year renewal options and attractive 7.5% rent increases every five years, ensuring consistent income growth. The current asking price is $2,476,190, representing a 5.25% cap rate and a price per square foot of $853.86. The property sits on a 0.91-acre lot and was built in 1975. The strong tenant, operating over 100 units, contributes to the property's high occupancy rate of 100%, with an annual net operating income (NOI) of $130,000. The property benefits from its location within the Augusta, GA Metropolitan Statistical Area, surrounded by numerous apartment complexes and new residential developments, as well as several colleges and universities. This prime location, coupled with the strength of the Wendy's brand and the favorable lease terms, makes this a compelling investment opportunity with significant long-term potential. The property enjoys excellent visibility and high traffic counts exceeding 21,601 vehicles per day. This single-tenant, single-story building offers a secure and stable investment with minimal landlord responsibilities.

    Property Features for 517 Martintown Rd

    General Information

    Property type
    Restaurants
    Square Feet
    2,900 SF
    Lot Size
    39,640 SF

    Building Details

    Year Built
    1975
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • 20‑Year Absolute NNN Lease with no landlord responsibilities.
    • 7.5% rent increases every five years.
    • Strong Wendy's franchisee operating 100+ units.
    • Excellent visibility and high traffic counts exceeding 21,601 vehicles per day.
    • Located in the Augusta, GA MSA, near numerous apartment complexes, new residential developments, and colleges/universities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Wendy's Fast Food Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North Augusta
    County
    Aiken
    State
    South Carolina
    Longitude
    -81.955013
    Latitude
    33.4929572

    Nearby Similar for Sale

    • $1,200,000
      6,380 SF

      Renovated Office Building in Belvedere

      Professionally managed, renovated office building in North Augusta's Belvedere area.
      332 Edgefield Rd, North Augusta, SC 29841
      View Details
    • $480,000
      2,480 SF

      Office Space with Apartment

      Office space with apartment and high traffic location.
      921 Georgia Ave, North Augusta, SC 29841
      View Details
    • $534,900
      2,480 SF

      Office Space with Apartment

      Office space with one-bedroom apartment in North Augusta.
      921 Georgia Ave, North Augusta, SC 29841
      View Details
    • $1,200,000
      6,380 SF

      Renovated Office Building in North Augusta

      Two-story office building in a rapidly expanding area.
      332 Edgefield Rd, North Augusta, SC 29841
      View Details
    • $147,500
      0.10 Acres

      Corner Lot in Hammond's Ferry

      Desirable corner lot near SRP Ball Park and restaurants.
      Railroad Ave, North Augusta, SC 29841
      View Details
    • $640,000
      Pending

      North Augusta Duplex Investment Opportunity

      Two duplexes in downtown North Augusta with long-term tenants.
      305 W Clifton Ave, North Augusta, SC 29841
      View Details
    • $230,000
      864 SF

      Retail Opportunity on Knox Avenue

      Commercial property on a busy road near retail centers.
      1687 Knox Ave, North Augusta, SC 29841
      View Details
    • Contact for pricing
      117,314 SF

      North Augusta Four-Story Office Building

      117,314 SF office building on 35.6 acres in North Augusta.
      802 E Martintown Rd, North Augusta, SC 29841
      View Details
    • $350,000
      4,600 SF

      Flex Property Auto Repair Shop

      4600 sq ft flex property currently an auto repair shop.
      551 Edgefield Rd, North Augusta, SC 29841
      View Details
    • Contact for pricing

      Former Grocery Store For Sale

      Former grocery store on busy retail corridor with ample parking.
      North Augusta, SC 29841
      View Details
    • Contact for pricing
      36,105 SF

      Former Grocery Store For Sale

      Former grocery store in a busy retail corridor.
      417 E Martintown Rd, North Augusta, SC 29841
      View Details
    • $865,000
      7,700 SF

      Retail Property on Georgia Avenue

      Retail property for sale with investment or end-user potential.
      133 Georgia Ave, North Augusta, SC 29841
      View Details

    FAQs

    What type of property is this?
    Restaurant - High-yield QSR in North Augusta, SC
    Where is this restaurant located?
    The property is located at 517 Martintown Rd North Augusta, SC.
    What is the asking price?
    The asking price for this property is $2,476,190.
    What are key features of this property?
    This property features: 20-Year Absolute NNN Lease with no landlord responsibilities.; 7.5% rent increases every five years.; Strong Wendy's franchisee operating 100+ units.
    Request Owner's contact information
    517 Martintown Rd North Augusta, SC 29841
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    517 Martintown Rd
    North Augusta, SC 29841
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    517 Martintown Rd North Augusta, SC 29841
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.