517 E Martintown Rd North Augusta, SC 29841
Property profile & analytics
517 E Martintown Rd, North Augusta, SC 29841
- Drive through restaurants
- 1,574 SF
- 0.91 lot acres
Property ID
US77-1512640
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Wendy's / Restaurant / Take-out & Catering
Property Details for 517 E Martintown Rd
- Year built
- 1975
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.91 lot acres
- Property type
- Drive through restaurants
- APN
- 007-12-13-013
- APU
- 71213013
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,340,000
- ML approach
- $2,340,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- North Augusta
- County
- Aiken
- State
- South Carolina
- Longitude
- -81.9548
- Latitude
- 33.4929
- CBSA code
- 12260
- CBSA name
- AUGUSTA-RICHMOND COUNTY, GA-SC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,648
$10,551
$13,519
$24,070
-
$475,680
$609,470
$1,085,150
