4499 Glenwood Rd - Retail FOR SALE


Decatur, GA 30032- Candler-McAfee
$1,050,000 USD
678-777-0147
4499 Glenwood Rd, Decatur, GA for Sale
$1,050,000 USD
Retail - FOR SALE
1/4
null | 6.44% Cap Rate

4499 Glenwood Rd
Decatur, GA 30032
Candler-McAfee


OVERVIEW

Net-Leased Restaurant Property – Fully Renovated with Long-Term Tenant Metro Atlanta | Asking Price: $1,050,000 | 6.25% Cap Rate (Year 1) For sale is a fully upgraded, single-tenant restaurant building under a 10-year NNN lease with scheduled annual rent increases. Located in metro Atlanta, this property is home to the thriving Chicken and Biscuit House, a locally branded concept originally operating as a Mrs. Winner’s franchise. The tenant reports strong performance with monthly gross sales averaging $120,000, and they are actively seeking expansion sites due to their success. Property Highlights Triple Net (NNN) Lease – Tenant pays all expenses (taxes, insurance, maintenance) New roof installed in 2024 New flooring and full interior refresh completed in 2023 Two new HVAC units installed in 2016 by PV Heating & Air 1,500-gallon underground grease interceptor Proven concept with scalable business model Lease Details Lease start: January 1, 2024 Base rent (Year 1): $65,664 Annual increases: 3% per year Term: 10 years with two 5-year renewal options Pro forma cap rate (average rent over 10 years): 7.17% Pro forma NOI (10-year total): $752,762 Why Invest Long-term stability with structured escalations Experienced and motivated operator Turnkey asset with no deferred maintenance Strong market fundamentals in a high-demand corridor Investment Highlights Triple Net (NNN) Lease – Tenant pays all expenses (taxes, insurance, maintenance) New roof installed in 2024 New flooring and full interior refresh completed in 2023 Two new HVAC units installed in 2016 by PV Heating & Air 1,500-gallon underground grease interceptor

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$466 USD /SF

CAP RATE

6.44%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

4499 Glenwood

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Driss SenhajiAtlanta Business Brokers, LLC.More Info
678-777-0147

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Driss SenhajiAtlanta Business Brokers, LLC.More Info
678-777-0147

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