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6814 Ga-85 Highway, Riverdale, GA

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6814 Ga-85 Highway

Riverdale, GA 30274 - Riverdale/Jonesboro Ret Submarket

(2.5 MB)

Property Type:Retail Sub Type:Fast Food Status:Existing Year Built:1985
Building Size:2,741 SF Land Area:.61 AC (26,572 SF)
For Sale Price:$750,000 Price/SF:$273.62
Cap Rate:7.60 %
Parking:Free Surface spaces are available; Ratio of 6.57/1,000 SF
Features:Pylon Sign, Drive Thru

Sale Notes:
Bull Realty is pleased to present the opportunity to acquire this single tenant net lease property located in Riverdale, GA on heavily trafficked GA Highway 85. This former Mrs. Winners restaurant is now occupied by a well-established local Southern Soul Food
restaurant, Annie Laura’s Kitchen.

The restaurant sits on a 0.61 acre site built in 1985. The property has fantastic visibility on GA Highway 85 which has a traffic count of 42,500 vehicles per day.

This property is offered at a 7.6% cap rate with a net operating income of $57,411. The lease term extends through May 2021 with two 5-year renewal options
and rent increases of 2.25% annually.

Bull Realty Inc.
Craig Caldwell
(404) 876-1640 x123

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