Wendy’s

4268 Ogeechee Rd, Savannah, GA 31405

$2,367,000

Cap Rate 5.39%

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DOM: 14 Updated: 09.18.25 Posted: 09.18.25 Status: Active 09.18.25

Summary

Price $2,367,000	Built/Renov 2006/2024	Tenant Wendy’s
Cap Rate 5.39%	Lease Type Abs NNN	Guarantor Corp T and Rated
Size/SF 2,212	Lease Start 03-27-2024	#Units 7,240
Price/SF $1,070.07	Expiration 03-31-2044	Tenant Type Fast Food/QSR
NOI $127,600	R. Term 18.6	Ownership Fee Simple
Rent/SF $57.69	Increases 10.0%/6/yrs	Pop 5Mi 123,264
Lot/AC 1.01	Options 4/5yrs/10%	AHHI 5Mi $84,020

Highlights

Brand new 20-year absolute NNN lease executed in 2024
Fee simple ownership of land and building
Renovated in 2024 from former Burger King location
Strong franchisee operator Calhoun Management with 87+ Wendy’s units
Base rent $116,000 with 10% increases every five years
Located on Ogeechee Road GA-17 with 26,451 vehicles daily
Five-mile trade area population of 123,264 with $84,020 average household income

Location Description

Wendy’s is strategically located along Ogeechee Road (GA Highway 17) in Savannah, Georgia, with access to a daily traffic count of approximately 26,451 vehicles. The site is surrounded by major national retailers including Zaxby’s, KFC, McDonald’s, etc, driving consistent consumer traffic to the area. The property is located near several schools, residential communities, and new developments...

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Key Features

Recent renovation
In location for years
Major thoroughfare
Near major nationals
Top 100 MSA
Strong demographics
Brand new lease
Absolute NNN
Traded and rated company
Top franchise operator

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Links

Wendy’s Wikipedia Wendy’s Wikipedia Savannah, GA Zip Code 31405 Broker Site Page

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: Wendy's
Guarantor:Corp T and Rated
Company:The Wendy's Company
# Units:7,240
Tenant S&P: B+
Moody’s: B3
Stock: NASDAQ: WEN

About Tenant

Wendy's is an American international fast food restaurant chain founded by Dave Thomas in 1969, in Columbus, OH. The Wendy’s Company and its subsidiaries operate as a quick-service...

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Demographics

	1 Miles	3 Miles	5 Miles
2030 Total Population :	2,570	22,403	122,641
2025 Total Population :	2,350	22,457	121,070
2025 Employed Civilian Pop :	805	9,802	55,900
2025 Total Businesses :	211	1,124	7,415
2025 Average Household Income :	$ 62,498	$ 70,047	$ 83,931
2025 Total Consumer Spending :	$ 66 M	$ 535 M	$ 3680 M
2025 Median Age :	29	35	35
2025 Total Households :	1,181	8,609	49,883
2025 Pop Age 25+: Bachelor's Degree :	419	1,985	17,755
2025 Average Home Value :	$ 333,835	$ 282,273	$ 377,092

*ESRI data is presented for informational purposes only

Traffic

Collection Street	Cross Street	Year	Traffic Vol	Distance
Chatham Parkway	Red Gate Farm Trl	2019	17,100	0.44 mi
Chatham Parkway	Police Memorial Dr	2019	17,300	0.55 mi
Chatham Parkway	Police Memorial Dr	2018	16,800	0.55 mi
	Chatham Pkwy	2019	4,900	0.60 mi
Lane Avenue	Gamble Rd	2019	1,850	0.67 mi
Chatham Pkwy	Veterans Pkwy	2019	3,230	0.68 mi
Chatham Pkwy	Pkof Commerce Dr	2012	17,380	0.74 mi
	Chatham Pkwy	2019	2,660	0.75 mi
Chatham Pkwy	Veterans Pkwy	2019	3,290	0.78 mi
Ogeechee Road	Blossom Dr	2018	22,700	0.78 mi

Listing Broker

Hunter Steffien

Faris Lee Investments

Contact

33 Listings
8261 Views
12 Sold

Tyler Strauss

Faris Lee Investments

Contact

28 Listings
5926 Views
9 Sold

Hunter Steffien

As a Director at Faris Lee Investments, Hunter Steffien specializes in the acquisition and disposition of net leased investments with a specific focus Single Tenant Assets. Mr. Steffien hit the ground running with Faris Lee Investments by quickly becoming a top performer in the company and earning an astounding reputation amongst his clients who consist of private-office owners, developers, REITS, franchisees & corporate restaurant chains. Mr. Steffien’s early and continued success is based

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Tyler Strauss

As an Associate at Faris Lee Investments, Mr. Strauss specializes in the acquisition and disposition of single-tenant net leased investments, national portfolios and sale/leasebacks nationwide. Furthermore, Tyler specializes in creative solutions including but not limited to lease structure, development advisory, break-ups, and pre-sale strategies. In addition, his clients benefit from his financial counsel and ability to produce customized marketing programs to maximize the best outcome. Mr. S

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