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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

133 Bankhead Hwy Carrollton, GA 30117

2,524 SF 0.77 ac lot Built 2022
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 2,524 square foot Wendy's ground lease in Carrollton, Georgia. Located at 133 Bankhead Hwy, 30117, this absolute NNN net lease boasts a 13-year remaining term (expiring 10/31/2037) with built-in 10% rent increases every five years. The property, constructed in 2022, sits on a 0.77-acre lot and enjoys a high-traffic location with over 35,000 vehicles passing daily. The site benefits from proximity to a Regal movie theater, hotels, and numerous other national and local businesses, including Chick-fil-A, McDonald's, and Wells Fargo. The strong demographics of the area, with 45,568 residents within a five-mile radius and an average household income of $76,073, further enhance the investment potential. The property's strategic location near major transportation arteries, including State Route 166/Bankhead Highway and Northside Drive, ensures excellent visibility and accessibility. The current NOI is $95,000, resulting in a 5.50% cap rate, and the asking price is $1,728,000. This offering is ideal for a 1031 exchange. The experienced franchisee operating this location has a proven track record with over 40 units and 50 years of experience with the Wendy's brand. The property's location near Tanner Medical Center, the University of West Georgia, and West Georgia Technical College provides a consistent flow of customers. The thriving business climate of Georgia, consistently ranked among the top states for business, adds to the long-term value of this investment.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2022
Total area 2,524 SF
Lot 0.77 ac (33,541 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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