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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

3200 Forest Hills Dr Hapeville, GA 30354

2,000 SF Built 2022
Property ID
Property summary
AI-generated overview

This exceptional turnkey pizzeria presents a rare investment opportunity in Atlanta, GA. Located at 3200 Forest Hills Drive, Hapeville (zip code 30354), this 2,000 square foot restaurant boasts a modern design completed in 2022. The property features two double-stack pizza ovens, twelve-foot dry hoods, two 1,500-gallon grease traps, a new walk-in cooler, and new tables and chairs. A spacious patio accommodates 30 additional guests. The lease is NNN with 7.5 years remaining (commencing November 4, 2022, expiring June 1, 2032), at approximately $30 per square foot. The property includes 50 parking spaces and benefits from an established online ordering system. The asking price is $225,000 ($147.50/sq ft), representing significant savings compared to the estimated $700,000 cost of a comparable new build-out. This prime location near College Park and East Point offers excellent visibility and accessibility. The property's high-quality build-out and established infrastructure provide a strong foundation for immediate profitability. This is an ideal opportunity for experienced restaurateurs or aspiring entrepreneurs seeking a turnkey operation with significant upside potential. The property is situated on a site with a land value of $29-$30 per square foot. Prior to any showing, a non-disclosure agreement and proof of funds are required.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2022
Total area 2,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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