Log In/Sign Up
Your email has been sent.
Food & Beverage Building | 7.1% Cap Rate 845 Flat Shoals Rd 2,615 SF 24% Leased Retail Building Atlanta, GA 30316 $1,775,598 CAD ($679.00 CAD/SF) 7.12% Cap Rate
Executive Summary
• Two-tenant food and beverage building in thriving East Atlanta
• Entire property available for purchase and restaurant space available for lease
• Chef Lance Gummere of Mercer Street Meals awarded “Top 10 Most Memorable Restaurants” and “Most Anticipated New Restaurant” and has a 4.9 Google rating
• The Brunch At East Atlanta has a brand new restaurant and bar buildout and a 4.3 Google Rating
• True NNN leases | Allows for reimbursement of CAPEX and management
• Hands off lease structure | Very minimal landlord responsibilities | 3% and 5% Escalations
• The Brunch’s lease is coming up for renewal | Beautiful ±1,980 SF full-service restaurant space with bar (see page 9)
• Opportunity to increase rent, re-tenant, or occupy the space
• Currently available for lease at $39.39/SF + CAM ($6,500 monthly base rent)
• New User would receive ~$30,000 in revenue from co-tenant
• Fantastic visibility and corner parcel on busy Flat Shoals Road | (± 6,410 VPD)
• Freestanding building with surface lot | 10 Parking spaces
• Surrounded by brand new townhomes in the $600,000s
• Less than a mile from East Atlanta Village, Moreland Ave and I-20 exit Flat Shoals Road
• Entire property available for purchase and restaurant space available for lease
• Chef Lance Gummere of Mercer Street Meals awarded “Top 10 Most Memorable Restaurants” and “Most Anticipated New Restaurant” and has a 4.9 Google rating
• The Brunch At East Atlanta has a brand new restaurant and bar buildout and a 4.3 Google Rating
• True NNN leases | Allows for reimbursement of CAPEX and management
• Hands off lease structure | Very minimal landlord responsibilities | 3% and 5% Escalations
• The Brunch’s lease is coming up for renewal | Beautiful ±1,980 SF full-service restaurant space with bar (see page 9)
• Opportunity to increase rent, re-tenant, or occupy the space
• Currently available for lease at $39.39/SF + CAM ($6,500 monthly base rent)
• New User would receive ~$30,000 in revenue from co-tenant
• Fantastic visibility and corner parcel on busy Flat Shoals Road | (± 6,410 VPD)
• Freestanding building with surface lot | 10 Parking spaces
• Surrounded by brand new townhomes in the $600,000s
• Less than a mile from East Atlanta Village, Moreland Ave and I-20 exit Flat Shoals Road
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,615 SF
Building Class
C
Year Built/Renovated
1959/2024
Price
$1,775,598 CAD
Price Per SF
$679.00 CAD
Cap Rate
7.12%
NOI
$126,362 CAD
Percent Leased
24%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
0.21 AC
Zoning
NC-16 - Neighborhood Commercial
Parking
10 Spaces (3.82 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
- Restaurant
- Signage
- Wheelchair Accessible
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 1,980 SF
- Restaurant
- -
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,980 SF | Restaurant | - | Now |
1st Floor
| Size |
| 1,980 SF |
| Space Use |
| Restaurant |
| Position |
| - |
| Available |
| Now |
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 15-146-12-036 | Improvements Assessment | $63,783 CAD |
| Land Assessment | $82,549 CAD | Total Assessment | $146,332 CAD |
Property Taxes
Parcel Number
15-146-12-036
Land Assessment
$82,549 CAD
Improvements Assessment
$63,783 CAD
Total Assessment
$146,332 CAD
1 of 45
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Food & Beverage Building | 7.1% Cap Rate | 845 Flat Shoals Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.