535 Indian Trl Lilburn NW Rd Lilburn, GA 30047-3723
- Commercial real estate
- 28,130 SF
- 3.70 lot acres
Current Use by Public Records
- Al ARAFA GROCERY AND HALAL MEAT / Grocery & Convenience Store / Food Market
- Norcross Eye Center / Eye Care Center
- SUNNAH DEPOT A to Z Islamic Products / (Bike/Boat/Book/etc) Store
- Alpha Window Tinting (Auto Styling) / Interior Design / Auto Repair Shop
- Bored Paracord / (Bike/Boat/Book/etc) Store
Property Details for 535 Indian Trl Lilburn NW Rd
- Year built
- 1980
- Lot size
- 3.70 lot acres
- Property size
- 28,130 SF
- Zone code
- M1-LIGHT INDUSTRY
- Property type
- Commercial real estate
- APN
- 6-148 -042
- APU
- 6148042
Description
This established pizzeria in Lilburn, GA, boasts impressive financials and high visibility. Located in a high-traffic Gwinnett County area, this 1,500 square foot restaurant generated $500,292.80 in gross sales in 2023, with a net profit of $109,959.35. Sales have consistently increased year-over-year, showing a $72,000 jump from 2022 to 2023. The property features a fully equipped kitchen with two full-size Bakers Pride ovens and a walk-in cooler. The low monthly rent of $1,850 (all inclusive) is significantly below market value, and the lease has several years remaining with a five-year renewal option. The business operates debt-free and benefits from a state-of-the-art POS system, excellent online reviews (4.7 Google, 4.5 Yelp, 5 stars on Slice), and a loyal customer base. The owner is relocating, presenting a unique opportunity to acquire a profitable, turnkey operation with significant growth potential. Adding beer and wine sales could further boost revenue. The asking price is $218,000, with owner financing available. This is a rare opportunity to own a thriving restaurant business in a prime location.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $5,695,000
- 6.5%
- $5,260,000
- 7%
- $4,885,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $4,120,000
- AI Estimate
- $2,677,000
Market price range: $4.12M - $8.80MMarket price range: $2.12M - $5.87M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $6,290,000 Current use
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Location Insight
- Map
- Local Demand
- City
- Lilburn
- County
- Gwinnett
- State
- Georgia
- Longitude
- -84.142
- Latitude
- 33.8989
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA