Freestanding Restaurant
For Sale
Contact for pricing
2166 Highpoint Road, Snellville, GA 30078
Single-story hospitality property with renovated improvements, extensive surface parking, and an active restaurant and bar operation.
Property Size6,714 SF
Lot Size1.45 Acres
Price / SF$252.46
Days on Market52
Property Features for 2166 Highpoint Road
General Information
Standard status
Active
Size
6,714 SF
Total Parking Spaces
120
Lot size
1.45 Acres
Property subtype
Retail
Additional Details
Asking Price
$1,695,000
Building Details
Buildings
1
Stories
1
Listing Agency:
Virtual Properties Realty
Listed By:
Eddie Matos · License #149427
Source:
Crexi
Added: Aug 31
Changed: Oct 13
Last Checked: Oct 20 at 9:00PM
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 Virtual Properties Realty
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Investment Insights
Based on property information with market context.
This freestanding restaurant property includes an approximately 6,714-square-foot, single-story commercial building on approximately 1.45 acres. The improvements include an established restaurant and bar buildout, renovated interior and exterior elements, and approximately 120 surface parking spaces. An active restaurant and bar business currently operates at the site, with the business potentially included in the transaction.
Located at 2166 Highpoint Road in Snellville, Georgia, the property is within Gwinnett County and surrounded by residential communities, retail, service businesses, and other commercial development. The site’s existing configuration supports hospitality use, while the available building and land may accommodate other commercial or owner-user applications subject to zoning, permitting, and buyer due diligence. Potential applications identified for the property include medical or wellness, fitness, educational, daycare, religious or assembly, specialty retail, and service commercial uses.
Located at 2166 Highpoint Road in Snellville, Georgia, the property is within Gwinnett County and surrounded by residential communities, retail, service businesses, and other commercial development. The site’s existing configuration supports hospitality use, while the available building and land may accommodate other commercial or owner-user applications subject to zoning, permitting, and buyer due diligence. Potential applications identified for the property include medical or wellness, fitness, educational, daycare, religious or assembly, specialty retail, and service commercial uses.
Key Highlights
- Approximately 6,714 SF freestanding commercial building
- Approximately 1.45 acres / 63,162 SF site
- Approximately 120 surface parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$107,897
Cap Rate
6.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,157,940
$2.2M
Cap Rate 7%
$1,541,386
$1.5M
Cap Rate 9%
$1,198,856
$1.2M
Market Conditions
NOI Build-Up for 6,714 SF
Gross rent
$154.7K $23.04/SF
− Vacancy
−$10.8K −$1.61/SF
EGI
$143.9K $21.43/SF
− OpEx
−$36.0K −$5.36/SF
NOI
$107.9K $16.07/SF
Area
Gwinnett County, GA
Vacancy
7.00%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,157,940
Cap Rate 7%
$1,541,386
Cap Rate 9%
$1,198,856
Alternative Uses
Best Use
Specialty Retail
$1.54M
$1.35M – $1.80M
NOI $107,897 @ 7.0% cap · market cap 6.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.88M
$1.64M – $2.19M
NOI $131,377 @ 7.0% cap · market cap 7.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
593
Businesses Nearby
87k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 58%
Shops & Services 42%
Chick-fil-A
Dining
40,794 visits/mo
0.1 miles
Speedway
Shops & Services
24,453 visits/mo
0.2 miles
7 Brew Coffee
Dining
9,486 visits/mo
0.3 miles
Family Dollar
Shops & Services
5,468 visits/mo
0.1 miles
BP
Shops & Services
3,536 visits/mo
0.1 miles
Demographics for 30078, GA
38,350
Population
13,784
Households
2.8
Avg Household Size
39
Median Age
42%
College-Educated
91%
High-School Grad
17.3 sq mi
ZIP Area
2,217
Density / Sq Mi
$90,054
Median Household Income
$44,657
Median Earnings
$1,641
Median Rent
$316,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Golden coral — Old Hwy 78, Snellville, GA 30078
- M & J Home Cooking Snellville — 3050 Main St W, Snellville, GA 30078
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Single-story hospitality property with renovated improvements, extensive surface parking, and an active restaurant and bar operation.
Where is this conventional restaurant located?
The property is located at 2166 Highpoint Road Snellville, GA.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: Approximately 6,714 SF freestanding commercial building; Approximately 1.45 acres / 63,162 SF site; Approximately 120 surface parking spaces
