Menu
t r a n s l a t e

100% Occupied Net Leased Investment Opportunity | 7.8% Cap Rate

22 North Avondale Road
Avondale Estates, GA 30002
PRICE : $1,030,000
PROPERTY TYPE: Retail
SITE SIZE: 1.00 Acres
BUILDING SIZE: 4,600 SF
YEAR BUILT: 2002

Highlights

  • 100% occupied net leased investment
  • 7.8% Cap rate
  • NNN leased restaurant tenant
  • 1 acre of land on a corner lot (consisting of 3 parcels)
  • Popular Avondale Estates neighborhood
  • Excellent visibility with plenty of parking
  • Sale includes all kitchen and restaurant fixtures and most furniture

Description

This 100% occupied, net leased investment opportunity is located in the popular Avondale Estates neighborhood. It is currently occupied by a NNN leased tenant, My Parents’ Basement, with 2.5 years remaining on the initial term with two five year renewal options.

Built in 2002, the 4,600 SF restaurant building sits on approximately 1 acre that spans 3 parcels. It has excellent visibility from North Avondale Road and has plenty of parking.

The sale includes all kitchen and restaurant equipment and most furniture.

Request more information