Piedmont Rd Atlanta, GA 30309

Property Details for 0 Piedmont Rd

Lot size

0.25 lot acres

Property size

4,000 SF

Property type

Commercial real estate

Description

This exceptional turnkey opportunity presents a fully operational Mexican restaurant in Atlanta, Georgia. Located on Piedmont Rd NE, near the Atlanta Beltline and Piedmont Park, this 4,000 square foot establishment boasts a prime location within a vibrant, high-growth area. The property features a fully equipped kitchen and bar, including a TOAST Point of Sale system, ample seating for 120 guests, and nearly 30 on-site parking spaces. A full liquor license is in place, allowing for the sale of beer, wine, and spirits. The current lease, a NNN lease, is for $48.00 per square foot and extends until May 31, 2026, offering a remaining term of two years with five lease options. The property sits on a 0.25-acre lot and is zoned C2. The restaurant has consistently generated annual sales of up to $3 million, achieving over a 25% profit margin. The building, renovated in 2023, is a single-story Class A structure. The strong financials, coupled with the desirable location and existing customer base, make this a compelling investment for both experienced and first-time restaurant owners. The surrounding area is experiencing significant residential growth, with over one thousand new apartments under construction within walking distance, ensuring a consistent flow of potential customers. This turnkey operation offers the immediate benefit of established operations and the flexibility to maintain the current successful concept or reimagine the space to suit a new vision. The asking price is $599,000, with a Net Operating Income (NOI) of $250,000.

Location Insight

City

Atlanta

County

Fulton

State

Georgia

Longitude

-84.3681

Latitude

33.8312