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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1860 Barnett Shoals Rd Athens, GA 30605

2,700 SF
Property ID
Property summary
AI-generated overview

This thriving Asian cafe franchise, located at 1860 Barnett Shoals Rd, Suite 408-409, Athens, GA 30605, presents a unique investment opportunity. Situated within the 96,100 square foot Georgetown Square shopping center, anchored by Publix, this 2,700 square foot restaurant enjoys a prime location at a major East Athens intersection. The asking price is $160,000 for this established business, opened in December 2022, with initial opening costs totaling $300,000. The current lease has 3.5 years remaining, with an option to renew, and includes an all-inclusive monthly rent of $3,500. The fully equipped kitchen boasts a hood system, donut fryers, and a grease trap. This owner-operated restaurant has a full staff and consistently demonstrates profitability. Complete financial records are available for review. The franchise agreement includes exclusive territory rights within Athens. This turnkey operation offers the potential to continue operating as is or to be converted to another concept. Serious inquiries only. Contact for details and documentation.

Property profile
Verified
Property type Retail properties & Spaces
Total area 2,700 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
Current use
Occupant on record · Public records
  • Supercuts Hair Salon
  • Bowman Property Management Property Management Company
  • Seller Labs (Bike/Boat/Book/etc) Store Corporate Office
  • X-Cart (Bike/Boat/Book/etc) Store Corporate Office
  • Redbox Cinema (Bike/Boat/Book/etc) Store
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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