SWQ Sr 34 & Fischer rd - Fast Food FOR SALE


Peachtree City, GA 30269
$2,800,000 USD
949-221-1814
SWQ Sr 34 & Fischer rd, Peachtree City, GA for Sale
$2,800,000 USD
Fast Food - FOR SALE
1/4
null | 5% Cap Rate

SWQ Sr 34 & Fischer rd
Peachtree City, GA 30269


HIGHLIGHTS

  • WHATABURGER / CORPORATE EXECUTED GROUND LEASE
  • BRAND NEW 15-YEAR ABSOLUTE NET GROUND LEASE WITH FAVORABLE RENTAL ESCALATIONS
  • OUTPARCEL TO BRAND NEW PUBLIX ANCHORED SHOPPING CENTER WITH A+ TENANT LINEUP
  • ACROSS FROM SAM'S CLUB AND COSTCO ANCHORED SHOPPING CENTER THAT SERVICES TRI-COUNTY POPULATION
  • SUBJECT PROPERTY’S PUBLIX ANCHORED SHOPPING CENTER WILL BE PRIMARY DAILY SERVICE NEEDS FOR THE AFFLUENT CITY OF PEACHTREE CITY & NEIGHBORING CITIES

OVERVIEW

Sharpsburg Broker of Record.... Jeremy Yarbrough... Lic No H-62003 Faris Lee Investments is pleased to present the rare opportunity to acquire a corporate guaranteed Whataburger investment property situated in the newly built Fischer Marketplace that is anchored by a Publix super market, Floor & Décor and a Piedmont Healthcare medical facility. The Whataburger is subject to a 15-year Ground Lease that will commence at the grand opening in May 2025. The lease is absolute NNN with 10% increases every five years and guaranteed by corporate Whataburger offering an investor long-term security and stability. The newly built Fischer Marketplace shopping center is strategically situated on State Route 34 (39,906 VPD) across a Sam’s Club and a Costco anchored shopping centers that serve as a regional trade area for the tri-county population from Fulton, Fayette, and Coweta counties. The Publix is set to open in April 2025 that will serve as the primary daily needs grocer for the affluent residents of Peachtree City, Senoia, Sharpsburg and Newnan that boast an impressive average household income of $141,912 in a 7-mile radius of the subject property. In addition to Whataburger, Fischer Marketplace includes an excellent tenant lineup of: Fifth Third Bank, Miller’s Ale House, Heartland Dental, Andy’s Frozen Custard, Jersey Mike’s, Nothing Bundt Cakes and La Parilla’s Mexican Restaurant. Other retailers in the direct trade area include: a new 80,000 SF Kaiser Permanente Medical Facility, Popeyes, Wendy’s, Jim ‘N Nicks, Tidal Wave, Autozone, and a NCG Cinema move theatre. Whataburger is a best-in-class tenant that operate more than 1,090 restaurants across 17-states. The brand eclipsed $4 Billion in total revenue in 2024 with their average unit volume reaching more than $4 Million per restaurant in sales. The growth of the restaurant chain has been consistent with 56 consecutive quarters of same stores sales growth equating to 14 years of uninterrupted sales growth.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$847 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Whataburger | Corporate Ground Lease | 15 Yrs

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Bank, Restaurant, Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.39 AC

LAND SF

60,548 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Hunter SteffienFaris Lee InvestmentsMore Info
949-221-1814

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Hunter SteffienFaris Lee InvestmentsMore Info
949-221-1814

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.