Established Roswell Restaurant
For Sale
Contact for pricing
70 W Crossville Road, Roswell, GA 30075
Turnkey restaurant with authentic Tuscan cuisine and established reputation.
Property Size5,680 SF
Price / SF$422.53
Days on Market807
Property Features for 70 W Crossville Road
General Information
Standard status
Active
Size
5,680 SF
Property subtype
Retail
Zoning
C1, County
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$153,000
Building Details
Year Built
1979
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Skyline Seven Real Estate
Listed By:
Elliott Kyle · License #GA 299687
(404) 812-8927
Source:
Crexi
Added: Aug 1, 2024
Changed: Oct 4
Last Checked: Oct 16 at 8:28AM
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 Skyline Seven Real Estate
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Investment Insights
Based on property information with market context.
Bellini Osteria Toscana is a distinguished dining destination known for its authentic Tuscan cuisine. The restaurant has received praise for its exceptional food quality and inviting atmosphere. Traditional Italian dishes are crafted by chefs brought in from Italy, ensuring an authentic culinary experience. Customers have lauded the restaurant for its attentive service and delightful ambiance, making it a favorite spot for both casual and special dining occasions. The location is ideal for a high quality Italian restaurant, and has been an established restaurant location for over 40 years. The interior has received a new renovation bringing the feel of Tuscany to this property. The surrounding area can support restaurants like this, with an average household income of $185,000 and with over 166,000 people living within 5 miles of the property. The property size is 5,680 square feet and is located in Roswell, GA.
Key Highlights
- Established restaurant location for over 40 years.
- Renowned for authentic Tuscan cuisine and exceptional food quality.
- High average household income ($185,000) in the surrounding area.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$91,280
Cap Rate
3.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,825,600
$1.8M
Cap Rate 7%
$1,304,000
$1.3M
Cap Rate 9%
$1,014,222
$1.0M
Market Conditions
NOI Build-Up for 5,680 SF
Gross rent
$130.9K $23.04/SF
− Vacancy
−$9.2K −$1.61/SF
EGI
$121.7K $21.43/SF
− OpEx
−$30.4K −$5.36/SF
NOI
$91.3K $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 Rate 5%
$1,825,600
Cap Rate 7%
$1,304,000
Cap Rate 9%
$1,014,222
Alternative Uses
Best Use
Specialty Retail
$1.30M
$1.14M – $1.52M
NOI $91,280 @ 7.0% cap · market cap 3.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.59M
$1.39M – $1.85M
NOI $111,144 @ 7.0% cap · market cap 4.63%
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
916
Businesses Nearby
44k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 99%
Beauty & Spa 1%
QuikTrip
Shops & Services
32,803 visits/mo
0.2 miles
BP
Shops & Services
7,520 visits/mo
0.3 miles
Chevron
Shops & Services
1,724 visits/mo
0.3 miles
Ameris Bank
Shops & Services
972 visits/mo
0.3 miles
MyEyeDr.
Shops & Services
714 visits/mo
0.3 miles
Demographics for 30075, GA
56,161
Population
22,190
Households
2.5
Avg Household Size
43
Median Age
70%
College-Educated
98%
High-School Grad
29.7 sq mi
ZIP Area
1,891
Density / Sq Mi
$153,743
Median Household Income
$76,630
Median Earnings
$1,790
Median Rent
$575,200
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 - Turnkey restaurant with authentic Tuscan cuisine and established reputation.
Where is this conventional restaurant located?
The property is located at 70 W Crossville Road 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: Established restaurant location for over 40 years.; Renowned for authentic Tuscan cuisine and exceptional food quality.; High average household income ($185,000) in the surrounding area.
