ATLANTA, Georgia
| Asking Price |
$2,900,000 |
Year Established |
|
|
| Annual Revenue |
$0 |
Reason for Selling |
For Lease |
|
| Annual P/L |
$0 |
Attention |
Steve Josovitz |
|
| Annual Cash Flow |
$0 |
Listing Number |
1009394 |
|
| # of Employees |
|
Business Category |
Commercial Real Estate: For Lease Commercial Properties |
|
Business Overview:
#6549
Midtown Atlanta Freestanding Upscale Restaurant Sale Leaseback Investment Opportunity
This is an active, operating business. All inquiries must remain strictly confidential. Please do not contact ownership or staff.
Address: 1620 Piedmont Avenue NE, Atlanta, GA
Price: $2,900,000
Overview:
Fully renovated 3,639 SF freestanding restaurant located in the heart of Midtown Atlanta. This turnkey investment blends historic character with modern upgrades and sits in a high-traffic corridor near Piedmont Park, Buckhead, and major retail and dining destinations.
Property Features and Assets:
<p>Investment Highlights</p><p>Prime Midtown location with strong demographics and traffic<br>Approximately $1.2M invested in renovations and improvements<br>Landlord-owned FF&E included<br>Additional upside through percentage rent participation<br>Experienced operator in place</p><p>Lease Summary<br>10-year NNN lease with 3% annual increases (expires 10/31/2034)<br>Annual rent of $211,062<br>Personal and corporate guaranty</p><p>Parking<br>Parking is supported by valet and nearby options, including adjacent shared parking. The current setup has been in place for years and functions well for the tenant.</p>
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity