29 Jones St/Ironhorse Tavern 29 Jones St 2,800 SF Retail Building Norcross, GA 30071 $1,578,352 CAD ($563.70 CAD/SF) 8.35% Cap Rate

• Rare Historic Downtown Investment Opportunity
• Approximately 2,800 SF Building
• Additional ±1,100 SF Outdoor Patio Area
• Approximately $96,000 Annual NOI
• Over 3 Years Remaining on Existing Lease
• Additional 5-Year Renewal Option
• 2.5% Annual Rental Increases
• Real Estate Only — Existing Restaurant Business Not Included
• Prime Location in the Heart of Historic Norcross
• Walkable Downtown Environment with Strong Foot Traffic
• Surrounded by Dining, Retail, Entertainment & Community Events
• Unique Long-Term Investment Opportunity with Stable Cash Flow
29 Jones Street presents a rare opportunity to acquire a historic, income-producing asset in the heart of Historic Norcross. Located within one of Metro Atlanta’s most vibrant and walkable downtown districts, the property offers a unique combination of character, stable cash flow, and long-term upside potential.
The offering consists solely of the real estate and building improvements and does not include the existing restaurant business. The property features approximately 2,800 SF of interior space along with an additional ±1,100 SF outdoor patio area, creating a highly desirable setting for restaurant, hospitality, retail, or experiential uses.
The property is currently occupied by an established tenant with over three years remaining on the existing lease term, plus an additional five-year renewal option. The lease also includes 2.5% annual rental increases, providing built-in revenue growth and investment stability.
Strategically positioned in downtown Norcross, the property benefits from strong pedestrian traffic, exceptional visibility, and immediate access to surrounding restaurants, retail, parks, entertainment, and community events. With approximately $96,000 in annual NOI, 29 Jones Street offers investors the opportunity to acquire a premier downtown asset in one of Gwinnett County’s most sought-after markets.