5675 Jimmy Carter Blvd Norcross, GA 30071-2965
This exceptional turnkey opportunity presents a thriving Indian restaurant and banquet hall in Norcross, Georgia, listed at $1,197,000. The property, located at 5675 Jimmy Carter Blvd, boasts a substantial 30,000 square feet of space, built in 2005. The expansive facility includes a dedicated banquet space, meeting rooms, corporate offices, and a state-of-the-art 10,000 square foot kitchen and commissary. Currently operating under a lease with two five-year renewal options, the monthly rent of $29,800 includes all utilities, water, and CAM charges. A fully staffed and profitable operation, this establishment is fully equipped and ready for immediate operation. The business has a strong reputation for its authentic Indian cuisine, catering to events ranging from intimate gatherings of 50 to large-scale celebrations of up to 700 guests. Extensive support and training are available to ensure a smooth transition for the new owner. This is a rare opportunity to acquire a well-established, profitable business with significant growth potential in a prime location. The property's versatility and established clientele base make it an attractive investment for discerning buyers.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
C2-GENERAL BUSINESS · Norcross, GACosts & 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.