Bordeaux Steak & Seafood
New
For Sale
$2,400,000
250 Bordeaux Dr, Thomson, GA 30824
Recently constructed restaurant with kitchen equipment and complete dining furnishings included.
Property Size6,374 SF
Price / SF$376.53
Days on Market4
Property Features for 250 Bordeaux Dr
General Information
Standard status
Active
Size
6,374 SF
Property subtype
Commercial
Additional Details
Furnished
Yes
Equipment Included
Yes
Building Details
Year Built
2023
Listing Agency:
D C Lawrence Real Estate, Llc
Listed By:
Donald C Lawrence · License #270289
(706) 825-4376
Source:
Myhomesearchtriangle
Added: Aug 31
Changed: Sep 3
Last Checked: Sep 3 at 1:57AM
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 D C Lawrence Real Estate, Llc
Investment Insights
Based on property information with market context.
Bordeaux Steak & Seafood Restaurant offers 6,374 square feet of restaurant space completed in 2023. The sale includes the operating kitchen equipment along with dining room furniture, cookware, plates, silverware, and glassware, providing a furnished commercial restaurant setting for continued use.
Key Highlights
- 6,374 SF restaurant property
- Built in 2023
- Includes kitchen equipment, dining furniture, cookware, plates, silverware, and glassware
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$74,890
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.12%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,497,800
$1.5M
Cap Rate 7%
$1,069,857
$1.1M
Cap Rate 9%
$832,111
$832.1K
Market Conditions
NOI Build-Up for 6,374 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$105.6K $16.56/SF
− Vacancy
−$5.7K −$0.89/SF
EGI
$99.9K $15.67/SF
− OpEx
−$25.0K −$3.92/SF
NOI
$74.9K $11.75/SF
Area
McDuffie County, GA
Vacancy
5.40%
Lease Rate
$16.56 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,497,800
Cap Rate 7%
$1,069,857
Cap Rate 9%
$832,111
Alternative Uses
Best Use
Specialty Retail
$1.07M
$936.1K – $1.25M
NOI $74,890 @ 7.0% cap · market cap 3.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.01M
$1.76M – $2.35M
NOI $140,832 @ 7.0% cap · market cap 5.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30824, GA
16,832
Population
7,548
Households
2.2
Avg Household Size
42
Median Age
20%
College-Educated
87%
High-School Grad
191.7 sq mi
ZIP Area
88
Density / Sq Mi
$54,214
Median Household Income
$35,804
Median Earnings
$810
Median Rent
$158,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Recently constructed restaurant with kitchen equipment and complete dining furnishings included.
Where is this conventional restaurant located?
The property is located at 250 Bordeaux Dr Thomson, GA.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: 6,374 SF restaurant property; Built in 2023; Includes kitchen equipment, dining furniture, cookware, plates, silverware, and glassware
