5099 Memorial Dr - Restaurant FOR SALE


Stone Mountain, GA 30083
$1,500,000 USD
770-840-2121
5099 Memorial Dr, Stone Mountain, GA for Sale
$1,500,000 USD
Restaurant - FOR SALE
1/9
null | Request Cap Rate

5099 Memorial Dr
Stone Mountain, GA 30083


HIGHLIGHTS

  • Former Original Pancake House.
  • Great visibility.
  • Drive thru can be added.

OVERVIEW

Former Original Pancake house. Property has great visibility with an ingress and egress on busy Memorial Dr. Property includes 20 foot hood vent system, walk in refrigerator, above ground grease interceptor. 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) 20ft hood vent system intact. Walk-in refrigerator. Above ground grease interceptor. Lease for $30 PSF plus NNN. Master policy/ building and liability coverages at approximately $5500 annually. Real Estate Taxes $11,000 Annually. OR Buy Real Estate and Building for $1,500,000. Landlord open to providing Tenant Improvement Dollars or Build to Suite Dollars for a National Credit Tenant.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$447 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.8 AC

LAND SF

34,848 SF

ZONING

C1

APN/PARCEL ID

18-043-02-081

ASK ABOUT THIS PROPERTY

Steven JosovitzThe Shumacher Group, Inc.More Info
770-840-2121

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Steven JosovitzThe Shumacher Group, Inc.More Info
770-840-2121

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