5495 Old National Hwy, South Fulton, GA 30349-3205
- Strip malls
- 15,650 SF
- 13.19 lot acres
Current Use by Public Records
- Kool Smiles Dentist / Dental Office
- Expert Computer & Print Repair / Computer & Electronic Repair
- Franklin Dental & Braces / Dental Office
- Harold's Chicken Shack / Restaurant
- The Smoking Room / Bar & Pub
Property Details for 5495 Old National Hwy
- Year built
- 1985
- Lot size
- 13.19 lot acres
- Zone code
- C2
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 13 0093 LL1505
- APU
- 130093LL1505
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 16, 2021 | — | Athens R E Ltd | — | Deed · related | $4.1M · Capitol Life Insurance |
| Nov 25, 2020 | — | Athens Re Ltd | — | Deed · related | — |
| Mar 9, 2017 | — | Athens R E Ltd | — | Deed · related | $1.6M · Bank Of North Ga |
| Sep 3, 2004 | $3,500,000 | Athens Re Ltd | Old National Commons INC | Grant Deed | — |
| Sep 3, 2004 | — | Athens Re Ltd | Old National Commons INC | Quit Claim Deed · related | $3.1M · Citizens & Merchants Bk |
| — | — | Athens,r E Ltd | — | Deed Of Trust · related | $3.1M · Hyperion Mortgage LLC |
| — | — | Athens R E Ltd | — | Deed Of Trust · related | $1.6M · Bank Of North Ga |
| — | — | Athens Re Ltd | — | Loan Modification · related | — |
Description
This exceptional 8,381 square foot restaurant is ideally situated in the South Fulton submarket of College Park, Georgia, at 5495 Old National Highway, zip code 30349. The property is a single-tenant space within a larger 66,924 square foot shopping center. Its prime location along the heavily trafficked Old National Highway ensures high visibility and accessibility for customers. The convenient proximity to the airport further enhances its appeal, attracting a diverse clientele. This presents a unique opportunity for a restaurant operator seeking a well-established location with significant foot traffic and easy access for both local residents and travelers. The property's size offers ample space for a variety of restaurant concepts, from casual dining to upscale establishments. The building is part of a larger shopping center, providing additional benefits such as shared parking and potential synergy with neighboring businesses. This turnkey restaurant space is ready for immediate occupancy, offering a significant advantage for a quick start-up or expansion. The property's location in the thriving South Fulton submarket of College Park, Georgia, promises strong potential for growth and profitability. Serious inquiries are encouraged to explore this exceptional investment opportunity.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,970,000
- 6.5%
- $3,665,000
- 7%
- $3,405,000
-
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $4,260,000 Current use
- COMMERCIAL (GENERAL)
- $4,400,000 Change: +3% Conversion: Easy
- MEDICAL BUILDING
- $4,255,000 Change: -0% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $3,975,000 Change: -7% Conversion: Difficult
- OFFICE BUILDING
- $3,665,000 Change: -14% Conversion: Moderate
- RETAIL STORES
- $3,510,000 Change: -18% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- South Fulton
- County
- Fulton
- State
- Georgia
- Longitude
- -84.4735
- Latitude
- 33.6061
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
