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Property profile & analytics
OFF-MARKET
Drive through restaurants

5259 Stone Mtn Hwy Stone Mountain, GA 30087-6401

3,552 SF 0.82 ac lot Built 1980
Trust Owned 12-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US22-1806285
Property summary
AI-generated overview

This exceptional investment opportunity presents a fee-simple ownership of a 3,877 square foot Hardee's/Carl's Jr. restaurant located at 5259 Stone Mountain Hwy, Stone Mountain, GA 30087. The property sits on a 0.812-acre corner lot with 49 parking spaces, benefiting from its strategic location at a signalized intersection of major thoroughfares connecting Stone Mountain to the Atlanta MSA. Built in 1980, this single-tenant, absolute NNN leased property boasts a 5.75% cap rate and a strong NOI of $100,194. The current lease, with a franchisee tenant, commenced January 1, 2014, and expires December 31, 2033, leaving a substantial 9.1 years remaining. The lease includes four 5-year renewal options and features fixed 2.0% annual rent bumps, providing a hedge against inflation and ensuring consistent income growth. The asking price is $1,742,504, translating to a price per square foot of $449.45. This QSR property offers a passive investment with durable cash flow, benefiting from the tenant's long-term track record (nearly 45 years at this location) and the inherent resilience of the fast-food sector to economic downturns and e-commerce trends. The property's location in Gwinnett County, Georgia, further enhances its appeal, given Georgia's strong economic performance. The property was part of the Summit Restaurant Holdings LLC bankruptcy in 2023 and was subsequently acquired by ARC Burger LLC, an entity owned by High Bluff Capital Partners. APN: 6-061-072. 100% occupancy.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1980
Total area 3,552 SF
Lot 0.82 ac (35,719 SF)
Zoning code C2-GENERAL BUSINESS
APN 6-061 -072
UPID US22-1806285
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
  • Hardee's Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Weymar,u Robert & M L Trust · 12 yrs held
Weymar,u Robert & M L Trust
since 2014
Last sale
$1.6M
5 recorded transactions
2014
$1.7M
2014
$1.3M
2011
Price N/A
2007
$674,700
2007
$674,624
Zoning & alternative use
C2-GENERAL BUSINESS · Stone Mountain, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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