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845 Flat Shoals Ave SE Atlanta, GA 30316

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For Sale
$1,289,000

Two-tenant building in thriving East Atlanta with true NNN leases.

Building Details

Year built
1959

Source: Michael Wess, CCIM Agent Michael Wess, CCIM

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

East Atlanta Food and Beverage Building

This two-tenant food and beverage building is located in the thriving East Atlanta area. The property features true NNN leases, allowing for reimbursement of CAPEX and management, with very minimal landlord responsibilities. The lease structure includes 3% and 5% escalations. The freestanding building is situated on a corner parcel with fantastic visibility on busy Flat Shoals Road, which sees approximately 6,410 vehicles per day. A surface lot provides 10 parking spaces. The property is surrounded by new townhomes in the $600,000s and is less than a mile from East Atlanta Village, Moreland Ave, and the I-20 exit at Flat Shoals Road. One tenant, Chef Lance Gummere of Mercer Street Meals, was awarded “Top 10 Most Memorable Restaurants” and “Most Anticipated New Restaurant” and has a 4.9 Google rating. The other tenant, The Brunch At East Atlanta, has a brand new restaurant and bar buildout and a 4.3 Google Rating.
Location Intelligence

Current Use by Public Records

Mercer Street Meals Mobile Caterer

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Simply Catering, Ambi Jay's Catering, Mercer Street Meals, DDDELICIOUSISLANDCUSINE

Location Insight

  • Map
  • Local Demand
City
Atlanta
County
Cobb
State
Georgia
Longitude
-84.3369807
Latitude
33.7308444

FAQs

What type of property is this?
Restaurant - Two-tenant building in thriving East Atlanta with true NNN leases.
Where is this restaurant located?
The property is located at 845 Flat Shoals Ave SE Atlanta, GA.
What is the asking price?
The asking price for this property is $1,289,000.
What are key features of this property?
This property features: - Two established food and beverage tenants with strong Google ratings (4.9 and 4.3).; - True NNN leases allowing for reimbursement of CAPEX and management expenses.; - Hands-off lease structure with minimal landlord responsibilities and 3% and 5% escalations.
More about this property
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