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Red Lobster Restaurant Property
For Sale
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990 Bullsboro Dr, Newnan, GA 30265

Restaurant property on Highway 34 near Lowe’s, Walmart, BJ’s, Best Buy, and other major retailers.

Property SizeContact for details
Days on Market143

Property Features for 990 Bullsboro Dr

General Information

Standard status Active
Property subtype Retail
Listing Agency: Michael L. Levine & Associates Inc
Listed By: Michael Levine · License #Ga 405384
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 10:12PM

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 Michael L. Levine & Associates Inc

Investment Insights

Based on property information with market context.

This conventional restaurant property is identified as a Red Lobster location at 990 Bullsboro Dr in Newnan, Georgia. The site is positioned along Highway 34, a principal east-west route connecting Peachtree City with I-85 and serving the southwest Atlanta MSA.

Highway 34 carries an average daily traffic count of 54,600 vehicles, while I-85 carries over 76,000 vehicles per day. The surrounding retail area includes Lowe’s, Walmart, BJ’s, Best Buy, Dick’s Sporting Goods, The Home Depot, Aldi, and Kohl’s, creating a setting alongside established national retailers.

Key Highlights

  • 990 Bullsboro Dr, Newnan, GA 30265
  • Highway 34 traffic averages 54,600 vehicles per day
  • I‑85 carries over 76,000 vehicles per day

Property Analytics

Current Use

Red Lobster Restaurant

Suggested Use

Top Pick Law Firm Real Estate Agency Storage Facility Electrical Service HVAC Service Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

492
Businesses Nearby
625k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 21% Superstores 21% Dining 19% Apparel 18%
Walmart Superstores
130,130 visits/mo 0.4 miles
Academy Sports + Outdoors Apparel
69,297 visits/mo 0.3 miles
The Home Depot Home Improvements & Furnishings
50,131 visits/mo 0.4 miles
Lowe's Home Improvements & Furnishings
40,604 visits/mo 0.3 miles
Texas Roadhouse Dining
40,341 visits/mo 0.4 miles

Demographics for 30265, GA

36,697
Population
15,331
Households
2.4
Avg Household Size
40
Median Age
40%
College-Educated
95%
High-School Grad
44.0 sq mi
ZIP Area
834
Density / Sq Mi
$104,446
Median Household Income
$55,349
Median Earnings
$1,623
Median Rent
$331,900
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Similar Off Market Nearby

  • Fried Tomato Buffet 1180 Bullsboro Dr, Newnan, GA 30265

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant property on Highway 34 near Lowe’s, Walmart, BJ’s, Best Buy, and other major retailers.
Where is this conventional restaurant located?
The property is located at 990 Bullsboro Dr Newnan, GA.
What are key features of this property?
This property features: 990 Bullsboro Dr, Newnan, GA 30265; Highway 34 traffic averages 54,600 vehicles per day; I‑85 carries over 76,000 vehicles per day
More about this property
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