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Property profile

5190 Jimmy Carter Blvd Peachtree Corners, GA 30092

OFF-MARKET
Retail properties & Spaces
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5,221 SF 1.21 ac lot

Property summary

AI-generated overview

This exceptional opportunity presents a fully equipped, turnkey restaurant for sale or lease, ideally situated at 5190 Jimmy Carter Blvd in Norcross, Georgia. The 5,221 square foot, single-story building sits on a spacious 1.21-acre lot, boasting 125 parking spaces and a prominent four-sided brick façade. Occupancy is available September 23, 2024. The property features a full bar ready for liquor license transfer, seating for over 100 inside and 75 on the patio. The extensive kitchen equipment includes 20-foot hoods, multiple ovens (including an 8-burner with ovens), a fryer, flatop plancha, and a hot line with heat lamps. Additional features include pizza prep stations, stainless steel counters, a dishmachine area, walk-in and reach-in coolers, keg coolers with a tap system, and a built-in beverage system. Grease traps and ventilation are fully compliant. Restrooms are in place, and the flooring consists of aesthetically pleasing slate and tile in the kitchen. The property also includes installed TVs. This is a significant cost savings compared to building from scratch, offering a fully operational restaurant in a high-traffic area of Peachtree Corners, a thriving suburban hub with excellent visibility and convenient access to major highways. The asking price is $165,000, and the lease is an Absolute NNN with a credit-rated, franchisee, corporate guarantee tenant.

Property profile

Verified
Property type Retail properties & Spaces
Total area 5,221 SF
Lot 1.21 ac (52,708 SF)

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
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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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