Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Renovated Restaurant End-Cap For Lease Title is generated by Realmo AI

    921 S Carroll Rd, Villa Rica, GA 30180

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Fully renovated restaurant space with high visibility and I-20 access.

    Type:Retail, Restaurant
    Property size:
    5,640 SF
    Added:
    Feb 6, 2024
    Days on Market:
    826
    Last Refresh:
    Mar 20 at 8:07 pm

    Property Features for 921 S Carroll Rd

    General Information

    Standard status
    Active
    Size
    5,640 SF
    Property subtype
    Retail, Restaurant

    Building Details

    Year Built
    2007

    We can help!

    Listing Contact
    Jared Siegel

    Listing agent Jared Siegel License #GA 400324

    Listing office Rise Property Group

    Listing date Feb 6, 2024

    Source Crexi

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

    All listing content including descriptions, pricing, images are the copyrighted material of Rise Property Group

    HighLights

    • Fully renovated in 2025, turnkey restaurant space.
    • High visibility on Carrollton Highway (±29,000 VPD).
    • Immediate access to I‑20.
    • 5,640 SF end‑cap unit.
    • Includes new lighting, FF&E, oil and water tanks, and bar improvements.
    • Premier pylon signage available.

    Overview

    This is a 5,640 square foot, fully renovated second-generation restaurant end-cap available for lease. The space, renovated in 2025, includes new lighting, FF&E, oil and water tanks, bar improvements, and décor. It offers flexibility for multiple uses and potential outdoor seating or patio. The property benefits from strong visibility on Carrollton Highway, with approximately 29,000 vehicles per day. It also features immediate access to I-20 and premier pylon signage in a highly trafficked retail corridor.
    Location Intelligence

    Current Use by Public Records

    Thai Basil Cuisine ... Restaurant Tapestry Hospice Nursing Home BenchMark Therapy Gym & Fitness Center

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Villa Rica
    County
    Carroll
    State
    Georgia
    Longitude
    -84.936987
    Latitude
    33.716382

    Nearby Similar for Lease

    • Contact for pricing

      Downtown Villa Rica Office Space

      Two-story office/retail building with flexible space in Villa Rica.
      150 Stone Street, Villa Rica, GA 30180
      View Details
    • Contact for pricing

      Downtown Villa Rica Office/Retail Space

      Two-story office/retail building in downtown Villa Rica with I-20 access.
      150 Stone Street, Villa Rica, GA 30180
      View Details
    • Contact for pricing

      Villa Rica Retail Space Available

      Retail space for lease in Villa Rica Commons.
      600 Carrollton Villa Rica Hwy, Villa Rica, GA
      View Details
    • Contact for pricing

      Villa Rica Industrial Space Available

      177,000 SF industrial space with outdoor storage potential.
      34 E Industrial Ct, Villa Rica, GA
      View Details
    • Contact for pricing

      Villa Rica Retail Center Space

      Retail space in Walmart shadow-anchored center, high-traffic location.
      604 Carrollton Villa Rica Hwy, Villa Rica, GA 30180
      View Details
    • Contact for pricing

      Retail Center in Villa Rica

      Retail center located in Villa Rica, Georgia available for rent.
      664 W Bankhead Hwy, Villa Rica, GA 30180
      View Details

    FAQs

    What type of property is this?
    Conventional restaurant - Fully renovated restaurant space with high visibility and I-20 access.
    Where is this conventional restaurant located?
    The property is located at 921 S Carroll Rd Villa Rica, GA.
    What are key features of this property?
    This property features: Fully renovated in 2025, turnkey restaurant space.; **High visibility on Carrollton Highway (±29,000 VPD).**; Immediate access to I‑20.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Jared Siegel
    Real Estate License ID: GA 400324
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    921 S Carroll Rd, Villa Rica, GA 30180
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!