1730 Walton Way, Augusta, GA 30904
$1,600,000
Property Type:
Commercial Sale
Square Footage:
2,136
Lot Size (sq. ft.):
33,977
Status:
Closed
Current Price:
$1,600,000
List Date:
7/30/2021
Last Modified:
12/29/2024
Overview
Description
Listing Details MLS# 473374
Location, Tax & Legal
- Street #
- 1730
- Street Name
- Walton
- Street Suffix
- Way
- County
- Richmond
- State
- GA
- Zip Code
- 30904
- MLS Area Major/Quadrant
- Richmond (1RI)
- Subdivision Name
- None-1ri
- Quadrant
- 1RI
- Parcel Number
- 0354582000
Contract Info
- Property Sub Type
- Business
- Original List Price
- 1550000
- Availability Date
- 2021-07-01
- Triple Net Y/N
- Yes
- Tenancy
- Multiple
General Property Info
- Lot Size Acres
- 0.78
- Lot Size Dimensions
- 141 X 241
- Frontage Length
- 141
- Average Depth
- 241
- # Of Units Total
- Yes
- Total SqFt
- 2136
- Living Area Source
- Public Records
- Year Built
- 1977
- # Retail SqFt
- 2416
- Parking Total
- 25
- Ceiling Height
- 12
- Average Daily Traffic
- 17000
- List Price/Acres
- 1987179.49
- List Price/SqFt
- 725.65
Status Change Info
- Pending Date
- 2022-03-18
- Closed Date
- 2022-04-22
- Sold Price/ Acres
- 2051282.05
- Sold Price/SqFt
- 749.06
Structure Type
- Property Attached Y/N
- No
Remarks & Misc
- Directions
- WALTON WAY EAST TOWARDS 15TH STREET. CORNER OF DRUID PARK AND WALTON WAY.
- Public Remarks
- CONTINUOUSLY OPERATED AS A WENDY'S SINCE CONSTRUCTION IN 1977. OPERATOR MAINTAINS 10 OTHER LOCATIONS. THIS LOCATION CONSISTENTLY EXCEEDS BREAKPOINT REVENUE AND IS SUBJECT TO PERCENTAGE RENT. 5 YEARS REMAINING IN A STABLE QSR CORRIDOR. SITE INCLUDES 3 PARCELS. MEDICAL DISTRICT PLAY WITH CONSTANT EMPLOYER EXPANSION AND EMPLOYEE GROWTH. PERFECT FOR THE SMALLER INVESTOR - ABSOLUTE NNN - NO LANDLORD RESPONSIBILITIES.
More Information
Income & Expenses
- Net Operating Income
- 135000
- Cash Flow
- 135000
Current Use
- Retail
- Yes
- Other
- Yes
- See Remarks
- Yes
Business Type
- Restaurant
- Yes
Possible Use
- Retail
- Yes
Roof
- Asphalt
- Yes
Parking Features
- Lighted
- Yes
Development Status
- Finished Lot(s)
- Yes
Utilities
- Underground Utilities
- Yes
Water Source
- Public
- Yes
Improvements
- Sidewalks
- Yes
Sewer
- Public Sewer
- Yes
Lot Features
- Level
- Yes
Road Frontage Type
- County Road
- Yes
Road Surface Type
- Asphalt
- Yes
- Paved
- Yes
Restrictions
- Other
- Yes
- See Remarks
- Yes
Land Options
- Leased
- Yes
Possession
- Close Of Escrow
- Yes
Showing Requirements
- Restricted Hours
- Yes
Electric
- 220 Volts
- Yes
Listing Terms
- Lease Option
- Yes
- Lease Purchase
- Yes
Special Listing Conditions
- Not Applicable
- Yes
- Short Sale
- Yes
Documents
- Aerial
- Yes
- Environmental Studies
- Yes
- Leases
- Yes
- Legal
- Yes
- Phase 1 Environmental Audit
- Yes
- Plat
- Yes
- Pro-Forms Statement
- Yes
- Profit/Loss Statement
- Yes
- Traffic
- Yes
Property Features
Business Type:
Restaurant
Current Use:
Retail; Other; See Remarks
Possible Use:
Retail
Roof:
Asphalt
Parking Features:
Lighted
Development Status:
Finished Lot(s)
Utilities:
Underground Utilities
Improvements:
Sidewalks
Lot Features:
Level
Water Source:
Public
Sewer:
Public Sewer
Road Frontage Type:
County Road
Road Surface Type:
Asphalt; Paved
Restrictions:
Other; See Remarks
Land Options:
Leased
Possession:
Close Of Escrow
Showing Requirements:
Restricted Hours
Electric:
220 Volts
Listing Terms:
Lease Option; Lease Purchase
Special Listing Conditions:
Not Applicable; Short Sale
Documents:
Aerial; Environmental Studies; Leases; Legal; Phase 1 Environmental Audit; Plat; Pro-Forms Statement; Profit/Loss Statement; Traffic
Listing Office:
Emory Williamson Company
Listing Agent:
Emory J. Williamson
Last Updated: December - 29 - 2024
Information deemed reliable but not guaranteed.