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OFF-MARKET
Retail properties & Spaces

0 Keep Or Convert-Mexican Restaurant For Sale-Booming Westside Atlanta Atlanta, GA 30318

4,055 SF Built 2023
Property ID
Property summary
AI-generated overview

This exceptional opportunity presents a thriving Mexican restaurant for sale in booming Westside Atlanta. Boasting over 4,055 square feet of space, this 2023-built establishment has generated over $1.6 million in annual sales and averages over 1,000 guests weekly. The restaurant features a spacious dining area with seating for 100, a large bar, and an expansive patio, creating a welcoming atmosphere. A 4.7 Google rating and nominations for Atlanta Magazine's Best of Atlanta 2024 in five categories highlight its success. The current lease runs until December 31, 2026, with a monthly rent of $10,500. A significant advantage is the untapped potential of a fully equipped second-floor kitchen, ideal for expanding offerings, such as a ghost kitchen, to further increase revenue streams. The restaurant is a turnkey operation with a loyal customer base, offering a rare chance to acquire a well-established business at a deep discount compared to original buildout costs. The extensive kitchen equipment includes two gas floor fryers, multiple hoods, ranges, ovens, refrigeration units, a dishwasher, and more. The seller is open to assisting with the transition. This prime location in a rapidly growing area, with limited similar competition, presents a unique opportunity for growth and expansion, whether maintaining the current concept or implementing a new culinary vision. The asking price is $399,000. This is a rare chance to own a piece of Atlanta's thriving food scene.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2023
Total area 4,055 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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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