3095 Main St Duluth, GA 30096-3261
This thriving restaurant and bar, located at 3095 Main St #500A in historic downtown Duluth, GA 30096, presents a unique investment opportunity. The 5,442 square foot space boasts 174 indoor seats, a 25-seat bar, and a 15-seat rooftop bar. A significant advantage is the open container law, allowing patrons to purchase alcohol and leave the premises. The property also benefits from access to the Parsons Alley courtyard, offering additional outdoor seating capacity (approximately 25 patio seats and 100 communal picnic table seats). The lease agreement includes a 10-year term with two 5-year options, extending to December 1, 2028. Monthly rent is $12,265.03, plus CAM fees of $2,562.43, totaling $14,827.46. The business opened in February 2018 with a $2,000,000 build-out. Note that the name, trademarks, recipes, books, and records are not included in the sale. The asking price is $500,000, with some owner financing options available. This property offers a substantial opportunity for a new owner to capitalize on an established business in a prime location.
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Nacho Daddy - Duluth Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CPD-C-CORE PRESERV DIST-C · Duluth, GADuluth. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.