Listing Agency: Launch Development Group

Listed By: Joe Compagno · License #SA554895000

Source: Crexi

Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 1:36PM

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Investment Insights

Based on property information with market context.

This for-sale single-tenant NNN restaurant property is leased to Freddy's Steakburgers and is described as having a new 20-year absolute NNN lease. The offering is listed at $2.94M with a stated 5.75% cap rate.

The property is located at 503 Carl Bethlehem Rd SW in Bethlehem, Georgia 30620.

Key Highlights

• Single‑tenant NNN restaurant sale at Freddy's Steakburgers (Bethlehem, GA)
• New 20‑year absolute NNN lease in place
• Listed at $2.94M with a 5.75% cap rate

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Law Firm Electrical Service Auto Parts Store HVAC Service Grocery & Convenience Store Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

287

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 30620, GA

15,792

Population

5,524

Households

2.9

Avg Household Size

34

Median Age

18%

College-Educated

89%

High-School Grad

22.2 sq mi

ZIP Area

711

Density / Sq Mi

$80,867

Median Household Income

$47,510

Median Earnings

$1,555

Median Rent

$294,100

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Single-tenant NNN restaurant sale with a new 20-year absolute NNN lease.

Where is this conventional restaurant located?

The property is located at 503 Carl Bethlehem Rd SW Bethlehem, GA.

What are key features of this property?

This property features: Single‑tenant NNN restaurant sale at Freddy's Steakburgers (Bethlehem, GA); New 20‑year absolute NNN lease in place; Listed at $2.94M with a 5.75% cap rate