4071 Covington Hwy Decatur, GA 30032-2604

This exceptional investment opportunity features a 2,926 square foot Wendy's restaurant located at 4071 Covington Hwy, Decatur, GA 30032, in DeKalb County. The property sits on a 0.9-acre lot and boasts a fee-simple ownership structure. Built in 1992 and renovated in 2024, this property is under a 20-year triple-net (NNN) lease with a corporate guarantee from Meritage Hospitality Group, a significant Wendy's franchisee with over 388 units. The current annual net operating income (NOI) is $168,000, representing a 5.15% cap rate on the $3,262,136 asking price. The lease includes annual rent increases, with the lesser of a 1.50% increase or the change in the Consumer Price Index (CPI). This is a low-management, high-return investment with significant long-term potential. The property's strong tenant, long lease term, and built-in rent escalations make it an attractive addition to any portfolio. The location in Decatur, Georgia offers excellent visibility and accessibility. This is a rare opportunity to acquire a well-established, high-performing Wendy's franchise.