Investment Overview
This investment opportunity consists of a freestanding Shoney's restaurant located in Forsyth, Georgia. The property is leased to Witherell Enterprises, Inc., a longtime franchise operator that has occupied the location since 2013. The current lease term extends through April 22, 2030, providing investors with stable contractual income from an established restaurant operator.
The lease is structured as an absolute NNN lease, under which the tenant is responsible for taxes, insurance, utilities, maintenance, repairs, replacements, and other property-related expenses. This structure offers a passive ownership profile while limiting exposure to operating expenses and capital expenditures.
Positioned on approximately 1.43 acres along Harold G. Clarke Parkway, the asset benefits from strong visibility, convenient access, and proximity to Interstate 75, one of Georgia's primary transportation corridors.
Investment Highlights
- Single-tenant Shoney's restaurant leased to Witherell Enterprises, Inc., a long-standing franchise operator with occupancy dating back to 2013.
- Absolute NNN lease structure providing a passive investment opportunity with minimal landlord responsibilities
- Current lease term extends through April 22, 2030.
- Freestanding ±5,000 SF restaurant situated on approximately 1.26 acres
- Strategic location near Interstate 75 serving both local residents and regional traveler traffic.
- Established restaurant site within a proven commercial corridor featuring national retailers, hotels, and service-oriented businesses.
- Strong 5-mile demographics featuring approximately 8,980 residents, 3,460 households, and average household income of $100,700, with continued population and household growth projected over the next five years.