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$1,600,000
1730 Walton Way
Augusta, GA 30904
MLS# 98225952
Status: Closed
2136 sqft


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Property 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.

Details
Maps
Location Information
Marketing City: Richmond
Street #: 1730
Street Name: Walton
Street Suffix: Way
County: Richmond
State/Province: GA
Zip Code: 30904
Subdivision: Not In Subdivision
Geo Lat: 33.475261
Geo Lon: -81.996608
Building/Ext Features
# of Parking Spaces: 25
# of Restrooms: 0
# of Units: 1
Lot Acres: 0.78
Lot SqFt: 33977
Lot Dimensions: 141 X 241
SqFt - Retail/Display: 2416
Contract Info
Available Date: 2021-07-01
Sub-Type: Business
Historical MLS Number: 473374
Sale/Lease: Sale
List Price/SqFt: 725.66
Stipulation of Sale: Standard
Status: Closed
Marketing Start Date: 2021-07-29
Listing Price: 1550000
Current Price: $1,600,000
Remarks and Showing
Public Historical Remarks: Tenancy: Multiple, Frontage Length: 141, Quadrant: 1RI, Stipulation of Sale: Short Sale
Directions to Property: WALTON WAY EAST TOWARDS 15TH STREET. CORNER OF DRUID PARK AND WALTON WAY.
Legal and Taxes
PID: 0354582000
Tax Identifier: 0354582000
Total Real Estate Property Taxes: 5668
Tax Year: 2022
Year Built: 1977
Business Type
Food Service: 1
Land Lease
Land Lease Y/N: 1
Current Use
Retail: 1
Other: 1
See Remarks: 1
Possible Use
Retail: 1
Miscellaneous
Ceiling Height: 12
HOA and Neigh Amenities
Sidewalk: 1
Electric
220 Volts: 1
Development Status
Finished Lot(s): 1
Terms
Lease Option: 1
Lease Purchase: 1
Parking Features
Lighted: 1
Roof
Asphalt: 1
Lot Description
Level: 1
Road Type/Frontage
Asphalt: 1
Paved: 1
Public (City/Cty/St): 1
Road/Trans Access
Average Daily Traffic: 17000
Average Depth: 241
Utilities
Underground Utilities: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Financial Info
Financial Info: Yes
Net Operating Income: 135000
Restrictions
Other: 1
See Remarks: 1
Lease Types
NNN: 1
BuildingExt Features
SqFt - Heated (Primary): 2136
Status Change Info
Under Contract Date: 2022-03-18
Sold Price: $1,600,000
Sold Date: 2022-04-22
Property Features
Business Type: Food Service
HOA and Neigh Amenities: Sidewalk
Electric: 220 Volts
Development Status: Finished Lot(s)
Parking Features: Lighted
Roof: Asphalt
Lot Description: Level
Current Use: Retail; Other; See Remarks
Possible Use: Retail
Land Lease: Land Lease Y/N
Utilities: Underground Utilities
Sewer: Public Sewer
Water Source: Public
Terms: Lease Option; Lease Purchase
Restrictions: Other; See Remarks
Lease Types: NNN

IDX
Listing Office: Emory Williamson Company

Last Updated: May - 07 - 2026

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