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1106 NE Crescent Ave 4,416 SF of Retail Space Available in Atlanta, GA 30309
HIGHLIGHTS
- Fully equipped turnkey restaurant with extensive refrigeration
- Full-service bar and seating capacity for 150 guests
- Ideal for operators seeking a plug-and-play restaurant space
- Outdoor dining and on-site parking in Midtown’s vibrant arts district
- All furniture, fixtures, and equipment included in sale
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,416 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Modified Gross |
1st Floor
This fully equipped restaurant space at 1106 Crescent Ave NE offers a rare leasing opportunity in Midtown Atlanta’s bustling arts and dining district. Formerly home to Lure Saltwater Kitchen & Bar, the space is designed for full-service dining with a modern coastal aesthetic, outdoor seating, and a full bar. The layout supports seating for 150 guests and includes extensive refrigeration and a high-performance kitchen setup. The landlord is open to negotiating a new lease and is seeking operators aligned with the area’s upscale dining profile. Uses such as late-night clubs, lounges, hookah bars, or music venues will not be approved. The space is ideal for restaurateurs looking to keep the current setup or convert to a new concept.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as a Restaurant or Café Space
- Space is an outparcel at this property
- Space is in Excellent Condition
- Wheelchair Accessible
- Turnkey restaurant with full kitchen and ref.
- Outdoor dining and on-site parking in Midtown Atl.
- Proven sales history of $4M and full staff avail.
- All FF&E included; brand sale negotiable
- No late-night or lounge use permitted by landlord
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT 1106 NE CRESCENT AVE, ATLANTA, GA 30309
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Lure-Atlanta
- Restaurant
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Lure-Atlanta | Restaurant | 1 | - |
PROPERTY FACTS
| Total Space Available | 4,416 SF | Gross Leasable Area | 4,416 SF |
| Property Type | Retail | Year Built | 1920 |
| Property Subtype | Restaurant | Parking Ratio | 3.94/1,000 SF |
| Total Space Available | 4,416 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 4,416 SF |
| Year Built | 1920 |
| Parking Ratio | 3.94/1,000 SF |
ABOUT THE PROPERTY
Lure Saltwater Kitchen & Bar presents a rare opportunity to acquire a fully equipped, turnkey restaurant in the heart of Midtown Atlanta. With over 13 years of successful operation and sales reaching $4 million, this well-established seafood eatery offers a modern urban farmhouse ambiance, custom cocktail program, and full-service bar. The sale includes all furniture, fixtures, and equipment, with refrigeration capacity and a high-functioning kitchen already in place. While the brand, recipes, and records are excluded, the seller is open to negotiating a separate sale of the brand itself. Located on Crescent Avenue, a vibrant corridor known for its nightlife, dining, and cultural attractions, Lure benefits from proximity to Piedmont Park, the High Museum of Art, and Peachtree Street’s retail and entertainment scene. The property features outdoor seating, on-site parking, and is fully up to code. With a seating capacity of 150 and a monthly rent of $17,800 (all-in), this is an ideal acquisition for restaurateurs seeking a plug-and-play operation in one of Atlanta’s most dynamic districts.
- Bus Line
- Signage
NEARBY MAJOR RETAILERS
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1106 NE Crescent Ave
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