Stone Mountain Memorial Drive GA Freestanding Restaurant Property for Sale or Lease – No Key Money Required – Big Price Drop
Stone Mountain Memorial Drive GA Freestanding Restaurant Property for Sale or Lease – No Key Money Required – Big Price Drop
Price: $1,500,000
Location: De Kalb
Industry: American Restaurants, Miscellaneous Restaurant and Bars, Other Restaurants and Food, Other Retail
Listing ID: 6331
Former Original Pancake House.
5099 Memorial Dr. Stone Mountain, Ga 30083.
3,355/SF.
Situated on .8 acres.
Great visibility.
Drive thru can be added.
Ingress and Egress on busy Memorial Dr. (36,700 VPD)
Population 115,000. (3 mi)
Median HH Income $52,000. (3 mi)
20 ft hood vent system intact.
Walk-in refrigerator.
Above ground grease interceptor.
Lease for $30 PSF plus NNN.
Master policy/ building and liability coverages at approximately $5,500 annually.
Real Estate Taxes $11,000 Annually.
OR Buy Real Estate and Building for $1,500,000.
Landlord open to providing Tenant Improvement Dollars or Build to Suite Dollars for a National Credit Tenant.
Nearby retailers include Walmart, Popeyes, Burlington, Taco Bell, Chick-fil-A, DTLR, Footlocker and more.
Gross Revenue: N/A
Cash flow: N/A
Monthly Rent: $30/SF
Type of Location: Ingress and Egress on busy Memorial Dr. (36,700 VPD)
Square Footage: 3355
Facilities Information:
3,355/SF.
Situated on .8 acres.
Great visibility.
Drive thru can be added.
Ingress and Egress on busy Memorial Dr. (36,700 VPD)
Population 115,000. (3 mi)
Median HH Income $52,000. (3 mi)
20 ft hood vent system intact.
Walk-in refrigerator.
Above ground grease interceptor.
Lease for $30 PSF plus NNN.
Master policy/ building and liability coverages at approximately $5,500 annually.
Real Estate Taxes $11,000 Annually.
For Sale $1.8MM.
Competition:
Nearby retailers include Walmart, Popeyes, Burlington, Taco Bell, Chick-fil-A, DTLR, Footlocker and more.
Potential Growth:
Landlord open to providing Tenant Improvement Dollars or Build to Suite Dollars for a National Credit Tenant.