Stone Mountain Restaurant Property Sale or Lease

STONE MOUNTAIN, Georgia

Asking Price $1,200,000 Year Established
Annual Revenue $0 Reason for Selling Space for sale or lease.  
Annual P/L $0 Attention Steve Josovitz
Annual Cash Flow $0 Listing Number 984591  
# of Employees Business Category Commercial Real Estate: Retail & Shopping Centers

Business Overview:

Stone Mountain GA Freestanding Restaurant Property for Sale or Ground Lease – High Traffic Memorial Drive Location – No Key Money Required - NEW Pricing
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 $7,500 Monthly. 

Master policy/ building and liability coverages at approximately $5500 annually. 

Real Estate Taxes $11,000 Annually.

OR Buy Real Estate and Building for $1,200,000.

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. 

Property Features and Assets:

<p>3,355/SF.<br>Situated on .8 acres.<br>Great visibility.<br>Drive thru can be added.<br>Ingress and Egress on busy Memorial Dr. (36,700 VPD)<br>Population 115,000. (3 mi)<br>Median HH Income $52,000. (3 mi)<br><br>20 ft hood vent system intact.<br>Walk-in refrigerator.<br>Above ground grease interceptor.<br><br>Lease for $7,500 Monthly.<br>Master policy/ building and liability coverages at approximately $5,500 annually.<br>Real Estate Taxes $11,000 Annually.<br><br><br></p>

Market Competition and Expansion:

<p>Nearby retailers include Walmart, Popeyes, Burlington, Taco Bell, Chick-fil-A, DTLR, Footlocker and more.<br></p>

Additional Details:

  • The property is Leased.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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