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70 Crossville Rd Roswell, GA 30075

Sponsored
For Sale
$2,399,988

High-ROI Italian Restaurant, NNN Lease

Property size:
5,680 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional investment opportunity presents a 5,680-square-foot, single-tenant, net-leased restaurant property located at 70 W Crossville Rd, Roswell, GA 30075. The property, built in 1979 and situated on a 0.94-acre lot, is currently 100% occupied by Bellini Osteria Toscana, a highly-rated Italian restaurant, under a NNN lease with a remaining term of 9.4 years (expiring April 29, 2034). The lease commenced December 31, 2023, and includes a 5-year renewal option at fair market value. The current annual net operating income (NOI) is $150,000, representing a 6.25% cap rate on the asking price of $2,399,988 ($422.53/sq ft). The restaurant benefits from a strong location in affluent Roswell, with a high average household income of $182,312 within a one-mile radius, projected to increase significantly in the coming years. The property enjoys excellent visibility, with high daily traffic counts on West Crossville Road (Hwy 92) and Crabapple Road. The lease features 2% annual rent increases, providing a built-in hedge against inflation. Shared parking access with an adjacent shopping center further enhances the property's appeal. The property is zoned C1, County. This is a turnkey investment with minimal landlord responsibilities, offering significant long-term upside potential and a strong return on investment. The tenant, an experienced operator, has provided a personal guarantee on the lease.

Property Features for 70 Crossville Rd

General Information

Property type
Restaurants
Square Feet
5,680 SF
Lot Size
40,946 SF

Building Details

Year Built
1979
Buildings
1
Stories
1
Units
1

HighLights

  • Investment opportunity: Net lease with Bellini Osteria Toscana; 9.4‑year remaining term (10.3 years total) with 2% annual rent increases and a 5‑year extension option.
  • Successful Italian restaurant in affluent Roswell, GA, a suburb of Atlanta.
  • Experienced operator with a personal lease guarantee.
  • NNN lease commenced January 1, 2024.
  • Below‑market rent of under $27/SF; redevelopment potential.
  • Shared parking access with adjacent shopping center.
Property Profile Location Intelligence

Current Use by Public Records

Bellini Osteria Toscana Italian Restaurant CASA - The Chef Apprentice ... Culinary School

Suggested Use

Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Roswell
County
Fulton
State
Georgia
Longitude
-84.3632903
Latitude
34.0486351

FAQs

What type of property is this?
Restaurant - High-ROI Italian Restaurant, NNN Lease
Where is this restaurant located?
The property is located at 70 Crossville Rd Roswell, GA.
What is the asking price?
The asking price for this property is $2,399,988.
What are key features of this property?
This property features: Investment opportunity: Net lease with Bellini Osteria Toscana; 9.4-year remaining term (10.3 years total) with 2% annual rent increases and a 5-year extension option.; Successful Italian restaurant in affluent Roswell, GA, a suburb of Atlanta.; Experienced operator with a personal lease guarantee.
More about this property
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