Turnkey Drive-Through
For Sale
$1,500,000
7040 Concourse Pkwy, Douglasville, GA 30134
Turnkey 6,920 SF restaurant building with drive-through, located just off I-20 in a retail corridor.
Property Size6,920 SF
Lot Size1.36 Acres
Price / SF$216.76
Days on Market267
Property Features for 7040 Concourse Pkwy
General Information
Standard status
Active
Size
6,920 SF
Lot size
1.36 Acres
Site & Location
Traffic Count
85,600 vehicles/day
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$19,776
Listing Agency:
Kolt Christopher Homes Inc.
Listed By:
Tona Byrd · License #381214
(770) 285-8400
Source:
Exprealty
Added: Jan 16
Changed: Sep 12
Last Checked: Oct 9 at 11:47PM
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 Kolt Christopher Homes Inc.
Investment Insights
Based on property information with market context.
Turnkey 6,920 SF restaurant building offered for sale on 1.36 acres, with a drive-through opportunity and ample parking for patrons.
The property is positioned just off I-20 and Bill Arp Rd within the Douglasville retail corridor, with excellent street visibility and access right off Exit 34 on I-20 (85,600 VPD). It is located at the main entrance to Walmart and Sam’s Club.
The offering includes the full restaurant building as a turnkey asset with drive-through functionality in place.
The property is positioned just off I-20 and Bill Arp Rd within the Douglasville retail corridor, with excellent street visibility and access right off Exit 34 on I-20 (85,600 VPD). It is located at the main entrance to Walmart and Sam’s Club.
The offering includes the full restaurant building as a turnkey asset with drive-through functionality in place.
Key Highlights
- 1.36‑acre site just off I‑20 and Bill Arp Rd in the Douglasville retail corridor
- Turnkey 6,920 SF restaurant building
- Located less than 2 miles from Arbor Place Mall
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$111,207
Cap Rate
7.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,224,140
$2.2M
Cap Rate 7%
$1,588,671
$1.6M
Cap Rate 9%
$1,235,633
$1.2M
Market Conditions
NOI Build-Up for 6,920 SF
Gross rent
$159.4K $23.04/SF
− Vacancy
−$11.2K −$1.61/SF
EGI
$148.3K $21.43/SF
− OpEx
−$37.1K −$5.36/SF
NOI
$111.2K $16.07/SF
Area
Douglas 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%
$2,224,140
Cap Rate 7%
$1,588,671
Cap Rate 9%
$1,235,633
Alternative Uses
Best Use
Specialty Retail
$1.59M
$1.39M – $1.85M
NOI $111,207 @ 7.0% cap · market cap 7.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.93M
$1.69M – $2.26M
NOI $135,408 @ 7.0% cap · market cap 9.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
85,600 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
708
Businesses Nearby
671k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 33%
Shops & Services 22%
Dining 19%
Apparel 14%
Walmart
Superstores
122,856 visits/mo
0.3 miles
Sam's Club
Superstores
97,611 visits/mo
0.2 miles
Academy Sports + Outdoors
Apparel
49,056 visits/mo
0.3 miles
RaceTrac
Shops & Services
36,166 visits/mo
0.1 miles
QuikTrip
Shops & Services
34,665 visits/mo
0.1 miles
Demographics for 30134, GA
46,874
Population
17,233
Households
2.7
Avg Household Size
35
Median Age
25%
College-Educated
90%
High-School Grad
52.1 sq mi
ZIP Area
900
Density / Sq Mi
$73,699
Median Household Income
$40,753
Median Earnings
$1,272
Median Rent
$244,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Turnkey 6,920 SF restaurant building with drive-through, located just off I-20 in a retail corridor.
Where is this conventional restaurant located?
The property is located at 7040 Concourse Pkwy Douglasville, GA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 1.36‑acre site just off I‑20 and Bill Arp Rd in the Douglasville retail corridor; Turnkey 6,920 SF restaurant building; Located less than 2 miles from Arbor Place Mall
