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
Description
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 MLS# 473374
Contract Info
Availability Date: 2021-07-01
Triple Net Y/N: Yes
Tenancy: Multiple
Property Sub Type: Business
Sold Price: $1,600,000
List Date: 2021-07-29
Status: Closed
Current Price: $1,600,000
Original List Price: 1550000
Location, Tax & Legal
Quadrant: 1RI
Parcel Number: 0354582000
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
General Property Info
Lot Size Acres: 0.78
Frontage Length: 141
Lot Size Dimensions: 141 X 241
Average Depth: 241
# Of Units Total: 1
Total SqFt: 2136
Living Area Source: Public Records
# Retail SqFt: 2416
Parking Total: 25
Ceiling Height: 12
Average Daily Traffic: 17000
List Price/Acres: 1987179.49
List Price/SqFt: 725.65
Year Built: 1977
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.
Status Change Info
Sold Price/ Acres: 2051282.05
Sold Price/SqFt: 749.06
Pending Date: 2022-03-18
Sold Price: $1,600,000
Closed Date: 2022-04-22
Income & Expenses
Net Operating Income: 135000
Cash Flow: 135000
Current Use
Retail: 1
Other: 1
See Remarks: 1
Business Type
Restaurant: 1
Possible Use
Retail: 1
Structure Type
Property Attached Y/N: No
Roof
Asphalt: 1
Parking Features
Lighted: 1
Development Status
Finished Lot(s): 1
Utilities
Underground Utilities: 1
Water Source
Public: 1
Improvements
Sidewalks: 1
Sewer
Public Sewer: 1
Lot Features
Level: 1
Road Frontage Type
County Road: 1
Road Surface Type
Asphalt: 1
Paved: 1
Restrictions
Other: 1
See Remarks: 1
Land Options
Leased: 1
Possession
Close Of Escrow: 1
Showing Requirements
Restricted Hours: 1
Electric
220 Volts: 1
Listing Terms
Lease Option: 1
Lease Purchase: 1
Special Listing Conditions
Not Applicable: 1
Short Sale: 1
Documents
Aerial: 1
Environmental Studies: 1
Leases: 1
Legal: 1
Phase 1 Environmental Audit: 1
Plat: 1
Pro-Forms Statement: 1
Profit/Loss Statement: 1
Traffic: 1
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 Williamson
Last Updated: December - 29 - 2024
Information deemed reliable but not guaranteed.