Stone Mountain GA Freestanding Restaurant Property for Sale or Lease

Asking Price$1,500,000

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.3355

Price per Sq. Ft.$30.00

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Stone Mountain GA Freestanding Restaurant Property for Sale or Lease


Asking Price$1,500,000

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.3355

Price per Sq. Ft.$30.00

Property Description
Stone Mountain GA Freestanding Restaurant Property for Sale or Ground Lease – High Traffic Memorial Drive Location – No Key Money Required
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 $30 PSF plus NNN.
Master policy/ building and liability coverages at approximately $5,500 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.
Nearby retailers include Walmart, Popeyes, Burlington, Taco Bell, Chick-fil-A, DTLR, Footlocker and more.
About the Property
Type
Other Business Real Estate
Building Status
Established
Facilities & Assets
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 $30 PSF plus NNN.

Master policy/ building and liability coverages at approximately $5,500 annually.
Real Estate Taxes $11,000 Annually.
OR
Buy Real Estate and Building for $1,500,000.
Location Description
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)
Current and Prior Use
Pancake House Restaurant.
About the Sale
Furniture, Fixings and Equipment
Included in Asking Price
Current Property Expenses
Master policy/ building and liability coverages at approximately $5,500 annually. Real Estate Taxes $11,000 Annually.
Listing Info
ID:
2323162
Listing Views:
829

Contact Seller

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Property Listed by: Steven L. Josovitz Shumacher Restaurant Brokers

Listing ID: 2323162 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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