For Sale
$3,262,136

4071 Covington HwyDecatur, GA 30032

High-Yield Decatur, GA QSR

Overview

Added:
Dec 11, 2024
Days on market:
120

Highlights

  • 20-Year Triple-Net (NNN) Lease with zero landlord responsibilities.
  • Investment-grade tenant, Meritage Hospitality Group, a major Wendy's franchisee with 388+ units.
  • Annual rent increases capped at 1.5% or CPI, whichever is lower.

Property Details for 4071 Covington Hwy

Property type
Retail properties
Square Feet
2,926 SF
Year Built/Renovated
1992/2024
Lot Size (sq. ft)
39,204 SF

Location Insight

City
Decatur
County
DeKalb
State
Georgia
Latitude
33.7544784
Longitude
-84.2360449
4071 Covington Hwy, Decatur, Georgia
Leaflet | © OpenStreetMap contributors

FAQs

What type of property is this?
Retail property - High-Yield Decatur, GA QSR
Where is the retail property located?
The property is located at 4071 Covington Hwy Decatur, GA.
What is the asking price?
The asking price for this property is $3,262,136.
What are key features of this property?
This property features: 20-Year Triple-Net (NNN) Lease with zero landlord responsibilities.; Investment-grade tenant, Meritage Hospitality Group, a major Wendy's franchisee with 388+ units.; Annual rent increases capped at 1.5% or CPI, whichever is lower.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@paperhouses.co.
4071 Covington Hwy
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