Property profile

Italian Restaurant Bring All Offers-Keep Or Convert-Sandy Spg Sandy Springs, GA 30328

OFF-MARKET
Retail properties & Spaces
1,050 SF Built 2019
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Property summary

AI-generated overview

This thriving Italian restaurant in Sandy Springs, Georgia, presents a unique investment opportunity. Located in a high-traffic, grocery-anchored shopping center, this 1,050-square-foot establishment boasts a strong sales history of $825,000 annually. The restaurant, built in 2019, is a turnkey operation with a fully equipped kitchen featuring a 11-foot hood, gelato case, display case, refrigerators, freezers, ovens, a pasta cooker, fryer, and more. The current lease, expiring April 4, 2029, has a monthly rent of $3970. With 30 indoor seats and four employees, the business is well-established and ready for a new owner. The seller, retiring after owning the location since an unspecified date, will provide two weeks of training post-closing. Expansion plans, approved by the landlord, are in place to add additional seating and further boost sales. This award-winning restaurant (Best of Atlanta 2022-2023) is an asset sale, priced at $175,000, and offers significant potential for growth. The business is not a franchise. Seller financing is not available.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2019
Total area 1,050 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Italian Restaurant Bring All Offers-Keep Or Convert-Sandy Spg Sandy Springs, GA 30328
Sandy Springs metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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