3670 Camp Creek Pkwy Atlanta, GA 30331
- Drive through restaurants
- 5,616 SF
- 1.50 lot acres
Current Use by Public Records
- Camp Creek Marketplace II / Shopping Center & Mall
- TGI Fridays / Restaurant
- Bebaios Solutions, LLC / Security Service
Property Details for 3670 Camp Creek Pkwy
- Year built
- 2007
- Lot size
- 1.50 lot acres
- Property size
- 5,616 SF
- Zone code
- C2C
- Property type
- Drive through restaurants
- APN
- 14F0001 LL0161
- APU
- 14F0001LL0161
Description
This exceptional investment opportunity presents a portfolio of four TGI Fridays restaurants, strategically located across Georgia and Maryland. The portfolio boasts a strong 6.90% cap rate and a substantial net operating income (NOI) of $1,118,430. The absolute NNN leases, with zero landlord responsibilities, provide a passive income stream with minimal management overhead. Each location benefits from high visibility, excellent signage, and significant traffic counts, ensuring consistent performance. The leases feature built-in rent bumps and four 5-year renewal options, providing long-term stability and growth potential. With a remaining lease term of 12 years, extending to November 30, 2036, this portfolio offers a secure and lucrative investment. Three of the four locations are situated within the Atlanta metropolitan area, a dynamic market with a population exceeding 6 million. The fourth location is in Greenbelt, Maryland. The portfolio is currently 100% occupied and operated by Jackmont Hospitality Inc., a reputable regional operator with a 40-year track record. This is a rare opportunity to acquire a well-established, high-performing restaurant portfolio with significant upside potential. The asking price is $16,209,130.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,870,000
- ML approach
- $2,655,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,005,000
Market price range: $1.44M - $5.26M -
Alternative Use
- Use
- Estimation
- RESTAURANT
- $3,055,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $4,465,000 Change: +46% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Atlanta
- County
- Fulton
- State
- Georgia
- Longitude
- -84.5087
- Latitude
- 33.655
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA