400 Pearl Nix Pkwy Gainesville, GA 30501-3554
This exceptional 3,997 square foot free-standing restaurant is located at 400 Pearl Nix Parkway SW in Gainesville, Georgia, 30501. The property sits on a 0.87-acre lot and boasts 40 parking spaces, catering to a high volume of customers. Recently renovated, the restaurant features a fully equipped kitchen with appliances, a walk-in freezer, and ample indoor seating. Large garage door openings enhance the space's versatility and create a unique atmosphere. A convenient drive-through window further streamlines operations. The property benefits from a high traffic count of over 14,200 vehicles per day (AADT). An added benefit is a dedicated indoor kids' play area, enhancing family-friendliness. This prime location is adjacent to the Tessa Shallowford development, a 231-unit residential community currently under construction, ensuring a consistent flow of potential customers. The property enjoys easy access to I-985, being only 3 miles from Exit 20 and 3.2 miles from Exit 22. Proximity to Lee Gilmer Memorial Airport-Gainesville (1.6 miles) and Northeast Georgia Medical Center (2.4 miles) adds to its strategic advantage. Furthermore, it's conveniently located within 64.4 miles of Hartsfield-Jackson Atlanta International Airport. The property is zoned for General Business use and is offered as a single-tenant space.
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El Carreton 2.0 Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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
N-B · Gainesville, GAGainesville. 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.