3940 Peachtree Industrial Blvd Duluth, GA 30096-1421
- Commercial real estate
- 15,352 SF
- 1.25 lot acres
Jun 24, 2022
Current Use by Public Records
- Victoria Insurance / Insurance Agency
- Murrays In A Hurry / Delivery Restaurant / Pizza Delivery
- BARBERIA / Barber Shop
- China cafe / Chinese Restaurant / Delivery Chinese Restaurant
- Ride2Own / Car Leasing Service / Professional Services
Property Details for 3940 Peachtree Industrial Blvd
- Year built
- 1999
- Lot size
- 1.25 lot acres
- Property size
- 15,352 SF
- Zone code
- C2-GENERAL BUSINESS
- Property type
- Commercial real estate
- APN
- 6-290 -072
- APU
- 6290072
Description
This thriving restaurant in Duluth, GA, presents a unique investment opportunity. Located at the high-traffic intersection of Peachtree Industrial Boulevard and North Berkeley Street, this 15,000 square foot, single-story establishment boasts a prime location near Gwinnett Center, I-85, and numerous residential areas. Currently operating as a successful food service business, the property features a fully equipped kitchen with an 8-foot hood system and 2,500 square foot grease traps. The lease, with three years remaining and renewal options, includes water and CAM charges at a monthly rent of $2,600. The sale price is $200,000, with owner financing options available. The sale includes inventory, the owner's security deposit, and comprehensive training. The property is zoned C and offers 50 parking spaces. This turnkey operation is situated in a vibrant retail area, making it an ideal investment for experienced restaurateurs seeking a well-established business with significant growth potential. The 1,800 square feet of vacant space offers additional expansion possibilities. This is a fully built-out restaurant or café space, ready for immediate operation. Note that the listed rate may not include certain utilities, building services, and property expenses.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,110,000
- 6.5%
- $2,870,000
- 7%
- $2,665,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $3,112,000
Market price range: $1.88M - $5.70M
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Duluth
- County
- Gwinnett
- State
- Georgia
- Longitude
- -84.1705
- Latitude
- 33.9856
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA