Established Japanese Restaurant in
For Sale
Contact for pricing
5500 Chamblee Dunwoody Rd, Dunwoody, GA 30338
Upscale Japanese restaurant with loyal customer base and growth potential.
Property Size2,500 SF
Price / SF$176
Days on Market778
Property Features for 5500 Chamblee Dunwoody Rd
General Information
Standard status
Active
Size
2,500 SF
Class
A
Property subtype
Business for Sale
Lease Type
NNN
Building Details
Year Built
1999
Year Renovated
2024
Tenancy
Multi
Listing Agency:
PeachHome Reality
Listed By:
Song Kil · License #GA 344900
Source:
Crexi
Added: Sep 3, 2024
Changed: Oct 10
Last Checked: Oct 19 at 7:28AM
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 PeachHome Reality
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Investment Insights
Based on property information with market context.
Wasabi House is an established Japanese restaurant located in Dunwoody Village, Georgia, near Perimeter Mall. The restaurant benefits from high visibility and accessibility, with customer parking available in The Shops of Dunwoody Shopping Mall. Operating since 1999, Wasabi House is known for its Japanese cuisine, service, and ambiance. The business experienced fluctuations in recent years but is now under the management of the original owner, who plans to renovate the interior, equipment, and furniture in the first quarter of 2024. The restaurant has a dedicated customer base and is an opportunity for a new owner seeking a ready-to-operate business. Profits currently exceed $120,000 and are increasing. The business has potential for expansion through catering, online marketing, and extended hours. The owner is willing to offer seller financing. The property size is 2500 square feet.
Key Highlights
- Profitable business with current profits over $120,000 and growing.
- Established restaurant operating since 1999 with a loyal customer base.
- Prime location in Dunwoody Village near Perimeter Mall with high visibility and easy accessibility.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,176
Cap Rate
9.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$803,520
$803.5K
Cap Rate 7%
$573,943
$573.9K
Cap Rate 9%
$446,400
$446.4K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$57.6K $23.04/SF
− Vacancy
−$4.0K −$1.61/SF
EGI
$53.6K $21.43/SF
− OpEx
−$13.4K −$5.36/SF
NOI
$40.2K $16.07/SF
Area
DeKalb 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%
$803,520
Cap Rate 7%
$573,943
Cap Rate 9%
$446,400
Alternative Uses
Best Use
Specialty Retail
$573.9K
$502.2K – $669.6K
NOI $40,176 @ 7.0% cap · market cap 9.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$698.8K
$611.5K – $815.3K
NOI $48,919 @ 7.0% cap · market cap 11.12%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
268
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30338, GA
37,650
Population
17,591
Households
2.1
Avg Household Size
38
Median Age
76%
College-Educated
98%
High-School Grad
9.9 sq mi
ZIP Area
3,803
Density / Sq Mi
$122,931
Median Household Income
$83,788
Median Earnings
$1,812
Median Rent
$592,600
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
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Upscale Japanese restaurant with loyal customer base and growth potential.
Where is this conventional restaurant located?
The property is located at 5500 Chamblee Dunwoody Rd Dunwoody, GA.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: Profitable business with current profits over $120,000 and growing.; Established restaurant operating since 1999 with a loyal customer base.; Prime location in Dunwoody Village near Perimeter Mall with high visibility and easy accessibility.
