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 Market733
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: Aug 23
Last Checked: Sep 3 at 4:05AM
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
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 = 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
$40,176
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
9.13%
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%
$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
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
$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
Fulton 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 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%
$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.
Property Analytics
Property Profile
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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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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.
