3013 Peach Orchard RdAugusta, GA 30906

Property Details for 3013 Peach Orchard Rd

Year built

1977

Lot size

0.77 AC

Property size (Sq ft)

2,482 SF

Zone code

B-1

Property type

Land

Property subtype

Commercial land

APN

110-1-070-00-0

APU

1101070000

Description

This exceptional investment opportunity presents a fee-simple ownership of a Wendy's restaurant located at 3013 Peach Orchard Rd, Augusta, GA 30906. The property boasts a 2,117 square foot building constructed in 2021 on a 0.77-acre lot. It features a drive-thru and benefits from a strong absolute NNN lease with a prominent franchisee. The lease commenced November 30, 2023, and has a remaining term of 19 years, with five 5-year options. Rent increases are structured at 7.5% every five years, ensuring consistent income growth. The property currently generates a Net Operating Income (NOI) of $204,000, resulting in a 5.28% capitalization rate. The asking price is $3,861,165, translating to a price per square foot of $1,823.89. The property's location within Augusta, a city with a population exceeding 202,000 and part of a metropolitan area with over 611,000 residents, benefits from high traffic volume and proximity to numerous amenities. These include several colleges and universities, numerous apartment complexes, and major hospitals, contributing to a robust and stable customer base. The Wendy's brand is a globally recognized fast-food chain, providing further assurance of consistent performance and tenant reliability. This is a rare opportunity to acquire a high-performing, low-maintenance investment property with significant long-term growth potential.

• Alternative Use

  Use

  Valuation

  Residential

  $427,256

  Hospitality

  $391,364

  Educational

  $325,610

  Medical

  $336,808

  Retail

  $506,505

Location Insight

City

Augusta

County

Richmond

State

Georgia

Latitude

33.4155

Longitude

-82.0247

CBSA code

12260

CBSA name

AUGUSTA-RICHMOND COUNTY, GA-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

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.

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 unsubscribe from emails?

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 [email protected].