1971 Mount Zion Rd - Restaurant FOR SALE


Morrow, GA 30260
$50,000 USD
305-206-1286
1971 Mount Zion Rd, Morrow, GA for Sale
$50,000 USD
Restaurant - FOR SALE
1/9
null | Request Cap Rate

1971 Mount Zion Rd
Morrow, GA 30260


HIGHLIGHTS

  • ABSOLUTE $1 AUCTION | Former Smokey Bones BBQ | 23K VPD | Atlanta MSA | AUCTION AUGUST 11-13
  • 6,636 SF Freestanding Former Smokey Bones BBQ Restaurant on Huge 1.71 Acre Parcel, Available Significantly Below Replacement Cost
  • 23,204 VPD Traffic Counts on Mount Zion Road and Just Off Mt Zion Blvd (+36K VPD) | Near I-75 (+138K VPD)
  • Neighboring National Retailers: Home Depot, Publix, Best Buy, AMC, La Fitness, Costco, Lowe’s, Target, and more
  • Prime Casual Dining Hub featuring Top National Brands like Carrabba's, Chili's, Longhorn Steakhouse, Steak 'n Shake, Waffle House, Chick-fil-A, Chipot
  • Strong Demographics with Annual Household Income of ±$79,122 and ±184,227 People within a 5-Mile Radius

OVERVIEW

Marcus & Millichap and RI Marketplace are pleased to present a vacant, free-standing, second-generation restaurant/retail building located within the Atlanta metropolitan area at 1971 Mount Zion Road, Morrow, GA 30260 (the “Property”). Previously occupied by Smokey Bones BBQ and most recently by Las Trojas Family Restaurant, the Property is being offered significantly below replacement cost, presenting an attractive opportunity for owner-users or investors to acquire a highly visible asset in the desirable Riverdale/Jonesboro submarket at a compelling basis. FIRST BID MEETS RESERVE! Built in 1997 and renovated in 2005, the Property comprises a ±6,636-square-foot, single-story retail/restaurant building situated on a ±1.707-acre parcel (74,357 SF) with ±56 surface parking spaces. The building offers dual frontage with two points of ingress/egress, featuring ±235 feet along Mount Zion Circle and ±200 feet along Mount Zion Road, which boasts a traffic count of ±23,200 vehicles per day (VPD). Previously leased on a triple-net (NNN) basis, the site presents a compelling value-add leasing opportunity, with CoStar-estimated rents ranging from $16 to $20/SF NNN. Zoned BG – General Business District, the Property permits a broad range of commercial uses, offering flexibility for a variety of retail, restaurant, service-oriented, or commercial redevelopment strategies. The Property is located within the Riverdale/Jonesboro Submarket, a well-established and highly active retail corridor in Clayton County, just ±15 miles south of Downtown Atlanta. Morrow offers a mix of suburban living and easy access to the vibrant city of Atlanta, which is just a short drive away. The site offers excellent regional connectivity via Interstate 75 (138,000+ VPD), Interstate 285, and Mount Zion Road (±23,200 VPD)—a key commercial thoroughfare lined with national retailers, service providers, and hospitality operators. Located near the heavily trafficked intersection with Mt Zion Pwky (±36,837 VPD), the Property is positioned along a dense retail corridor anchored by prominent national tenants such as Lowe’s, Publix, Home Depot, Costco, Best Buy, Planet Fitness, LA Fitness, Ross Dress for Less, Lowe’s, and Target, all of which drive significant daily traffic to the area. Located just ±11 miles from Hartsfield-Jackson Atlanta International Airport, the world’s busiest airport, the Property benefits from proximity to a massive employment hub and one of the region’s most powerful economic engines, supporting a broad network of retail, restaurant, and service businesses. Additional nearby demand drivers include Clayton State University, Southern Regional Medical Center, and a variety of K-12 schools and government offices, contributing to strong daytime traffic and a stable consumer base. Major employers in the area include Delta Air Lines, DHL, Chick-fil-A, Clayton County Government, and the Clayton County Public School System, among others. The surrounding trade area features a diverse and growing residential base, with approximately 76,000 residents within a 3-mile radius and nearly 185,000 residents within 5 miles, coupled with an average household income exceeding $79,000. These strong demographics, combined with the site’s exceptional visibility, accessibility, and proximity to major retail anchors, position the Property for a wide range of re-use opportunities, owner-user demand, and long-term leasing potential.

FOR SALE DETAILS

PRICE

$50,000 USD

PRICE/SF

$8 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

$1 Auction - REIT Sale | Former Smokey Bones

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

56

LAND DETAILS

LAND ACRES

1.71 AC

LAND SF

74,488 SF

ZONING

CB, Morrow

APN/PARCEL ID

12-0083B-00C-004

ASK ABOUT THIS PROPERTY

Philip KatesMarcus & MillichapMore Info
305-206-1286

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Philip KatesMarcus & MillichapMore Info
305-206-1286

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.