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Property profile & analytics
FOR SALE
Strip malls

1920 Jesse Jewell Pkwy SE 6339 Gainesville, GA 30501

7,984 SF 0.97 ac lot Built 2016
Entity Owned 8-yr Hold Absentee Owner Free & Clear
Property ID
US22-3759484
1920 Jesse Jewell Pkwy SE,Unit 6339, Gainesville, GA 30501 For Sale
$450,000 7,984 SF
1920 Jesse Jewell Pkwy SE,Unit 6339, Gainesville, GA 30501
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Property summary
AI-generated overview

This established Huddle House franchise in Gainesville, GA, presents a lucrative investment opportunity. Located at 1920 Jesse Jewell Pkwy SE #6154, this 2,500 square foot end-cap restaurant boasts 100 seats and is in excellent condition. Recent renovations in 2016 and 2018, along with ongoing upgrades to furniture, china, flatware, refrigeration, and kitchen equipment, ensure a modern and efficient operation. The restaurant enjoys a long-term lease with renewal options, minimizing operational risk. Financial performance is exceptional, with gross sales exceeding $653,905 in 2022 and a net profit of $179,626. Projected 2023 gross sales are targeting $1,000,000, with anticipated higher net profits. The business is fully staffed and turnkey, offering immediate operational capabilities. In-store training is available for a smooth transition. The franchise transfer fee is $8,750, with royalties at 4.75% and advertising at 3%. Current operating hours are 6 AM to 4 PM, seven days a week, presenting significant potential for revenue growth by extending operating hours. The asking price for this thriving business is $450,000. The property is part of a national franchise with 339 units across 23 states. Monthly rent is $6,389 all-inclusive.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2016
Total area 7,984 SF
Lot 0.97 ac (42,253 SF)
Zoning code PUD
APN 09-123 -000-023
UPID US22-3759484
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
  • Huddle House Restaurant
  • Cricket Wireless Authorized Retailer Mobile Phone Store Electronics & Wireless Store
  • Sherwin-Williams Paint Store Paint Store Paintings Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.14M
Owner & transaction history
Cd II Properties LLC · 8 yrs held
Cd II Properties LLC
since 2017
2 recorded transactions
2017
$2.6M
2016
$855,000
Zoning & alternative use
PUD · Gainesville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $1.7M +37.9%
Auto repair, garage $1.5M +22.9%
Commercial (general) $1.3M +5.3%
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