- For Sale $1,300,000
- Property Type Retail - Street Retail
- Property Size 3,150 SF
- Lot Size 1.45 Acre
- Date Updated Nov 9, 2026
Description
Strategically positioned along Old National Highway, with 48,000 cars passing per day, the property benefits from visibility, convenient access, and proximity
to established residential communities, retail establishments, and national restaurant operators. The property is also located near the busiest international
airport in the world, along with all the supporting businesses.This offering combines a freestanding Wendy’s restaurant with a separately leased rear parking area serving the adjacent KFC along Old National Highway.
The Wendy’s restaurant is 3,150 square feet, and provides rental income alongside the KFC parking ground lease. Wendy’s current lease term extends through December 31, 2029, while the KFC parking ground lease has been renewed through December 31, 2031. Both leases feature scheduled rent increases with the renewal options, providing income growth opportunities.
Strategically positioned along Old National Highway, with 48,000 cars passing per day, the property benefits from visibility, convenient access, and proximity
to established residential communities, retail establishments, and national restaurant operators. The property is also located near the busiest international
airport in the world, along with all the supporting businesses.
Highlights
- 48,000 cars passing per day - Excellent visibility and accessibility along Old National Highway and Jolly Road
- Improving area - 3 mile average household income is currently $78,700 with a 5 year projection to be $99,800 or a 23% increase
- KFC owns their building and parcel and leases the rear area for additional parking
- KFC parking ground lease started in 2001 and signed the 2nd option early through December 31, 2031, with 2 x 5 remaining options with 10% increases each.
- Located near the busiest International airport in the world - Hartsfield Jackson Atlanta International Airport
- Surrounded by residential neighborhoods, retail establishments, and national restaurant operators.
- The property was previously a Shoney's restaurant before redevelopment
- The Wendy's rent is considered below market at $52,708 per year
- There is a center median on Old National Hwy, but easy left turn access onto Jolly Road with driveway access to both restaurants
- Two rental income sources: Wendy’s restaurant and KFC rear parking lease.
- Wendy’s lease started in 2008 term and is now in the 2nd option period through December 31, 2029, with 3 x 5 remaining options with 10% increases each.
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Contacts
Elliott Kyle
Skyline Seven Real Estate
Location
Located at 5255 Old National Highway, Atlanta, GA 30349, this property is part of the Meadows neighborhood and Atlanta market.
Contact Listing Broker
Elliott Kyle
Skyline Seven Real Estate
