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NNN Lease | $152,398 NOI | 5.8% Cap Rate 350 SE Memorial Dr 3 130 pi² Commerce de détail Immeuble Atlanta, GA 30312 3 663 625 $ CAD (1 170,49 $ CAD/pi²) 5,75% Taux de capitalisation
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RÉSUMÉ DE L'ANNONCE
• Full-service restaurant in flourishing Grant Park neighborhood
• Second location for tenant DAS BBQ, open since 2020
• First location open and operating in West Midtown since 2016
• 10-Year lease goes through end of 2030 + two 5-year extensions
• True NNN Lease | 3% Annual base rent escalations
• Adaptive-reuse former Harp Transmission building
• Beautifully redesigned property balances modern touches while thoughtfully preserving past architectural details
• ±3,130 SF Restaurant | Large Covered Patio | 178 Interior Occupancy
• ±0.395 Acre rectangular parcel | Maxed out with outdoor patio and event space
• Family friendly, pet friendly vibe with live music and events
• 12 Parking spaces, but open patio and bar area covers 7 of them
• Monument sign showcasing to Memorial Drive’s ±20,630 vehicles per day
• Large park and recreational spaces on both sides of property
• Abundant free street parking and other parking areas adjacent
• Walkable area | Thousands of new/newer apartments in immediate area
• Adjacent to Oakland Cemetery, a ±48-acre destination with year-round events for tourists and locals.
• One mile west of the Eastside Beltline Trail and Madison Yards
• Walkable to booming neighborhoods of Summerhill, Reynoldstown, Old Fourth Ward, and South Downtown
• Located on major arterial road | Synergy with many other nearby restaurants
• 1 Mile from Eastside Beltline Trail | 1500’ Off major I-20 highway exit
• Second location for tenant DAS BBQ, open since 2020
• First location open and operating in West Midtown since 2016
• 10-Year lease goes through end of 2030 + two 5-year extensions
• True NNN Lease | 3% Annual base rent escalations
• Adaptive-reuse former Harp Transmission building
• Beautifully redesigned property balances modern touches while thoughtfully preserving past architectural details
• ±3,130 SF Restaurant | Large Covered Patio | 178 Interior Occupancy
• ±0.395 Acre rectangular parcel | Maxed out with outdoor patio and event space
• Family friendly, pet friendly vibe with live music and events
• 12 Parking spaces, but open patio and bar area covers 7 of them
• Monument sign showcasing to Memorial Drive’s ±20,630 vehicles per day
• Large park and recreational spaces on both sides of property
• Abundant free street parking and other parking areas adjacent
• Walkable area | Thousands of new/newer apartments in immediate area
• Adjacent to Oakland Cemetery, a ±48-acre destination with year-round events for tourists and locals.
• One mile west of the Eastside Beltline Trail and Madison Yards
• Walkable to booming neighborhoods of Summerhill, Reynoldstown, Old Fourth Ward, and South Downtown
• Located on major arterial road | Synergy with many other nearby restaurants
• 1 Mile from Eastside Beltline Trail | 1500’ Off major I-20 highway exit
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Restaurant
Taille du bâtiment
3 130 pi²
Classe d’immeuble
C
Année de construction/rénovation
1930/2020
Prix
3 663 625 $ CAD
Prix par pi²
1 170,49 $ CAD
Taux de capitalisation
5,75%
Revenu net d’exploitation
210 690 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,18
Taille du lot
0,40 AC
Zonage
SP1-22 SA2
Stationnement
5 places (1,6 places par 1 000 pi² loué)
COMMODITÉS
- Enseigne sur pylône
Walk Score®
Un paradis pour un marcheur (92)
Transit Score®
Excellent transport en commun (74)
Bike Score®
Très cyclable (72)
PRINCIPAUX DÉTAILLANTS À PROXIMITÉ
Impôts fonciers
| Numéro de lot | 14-0045-0008-059-6 | Évaluation des bâtiments | 242 297 $ CAD |
| Évaluation du terrain | 123 491 $ CAD | Évaluation totale | 365 788 $ CAD |
Impôts fonciers
Numéro de lot
14-0045-0008-059-6
Évaluation du terrain
123 491 $ CAD
Évaluation des bâtiments
242 297 $ CAD
Évaluation totale
365 788 $ CAD
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NNN Lease | $152,398 NOI | 5.8% Cap Rate | 350 SE Memorial Dr
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