For Sale
$599,000

0 Piedmont RdAtlanta, GA 30309

Thriving Mexican Restaurant, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional turnkey opportunity presents a fully operational Mexican restaurant in Atlanta, Georgia. Located on Piedmont Rd NE, near the Atlanta Beltline and Piedmont Park, this 4,000 square foot establishment boasts a prime location within a vibrant, high-growth area. The property features a fully equipped kitchen and bar, including a TOAST Point of Sale system, ample seating for 120 guests, and nearly 30 on-site parking spaces. A full liquor license is in place, allowing for the sale of beer, wine, and spirits. The current lease, a NNN lease, is for $48.00 per square foot and extends until May 31, 2026, offering a remaining term of two years with five lease options. The property sits on a 0.25-acre lot and is zoned C2. The restaurant has consistently generated annual sales of up to $3 million, achieving over a 25% profit margin. The building, renovated in 2023, is a single-story Class A structure. The strong financials, coupled with the desirable location and existing customer base, make this a compelling investment for both experienced and first-time restaurant owners. The surrounding area is experiencing significant residential growth, with over one thousand new apartments under construction within walking distance, ensuring a consistent flow of potential customers. This turnkey operation offers the immediate benefit of established operations and the flexibility to maintain the current successful concept or reimagine the space to suit a new vision. The asking price is $599,000, with a Net Operating Income (NOI) of $250,000.

Highlights

  • Turnkey Mexican restaurant in Atlanta, GA, generating up to $3 million in annual sales and boasting a 25%+ profit margin.
  • Located on Piedmont Rd NE, near the Atlanta Beltline and Piedmont Park, in a high-growth area.
  • 4,000 sq ft, Class A building renovated in 2023, on a 0.25-acre lot (C2 zoning), with 30 parking spaces.
  • Fully equipped kitchen and bar, 120-seat capacity, TOAST POS system, and full liquor license.
  • NNN lease at $48/sq ft, expiring May 31, 2026, with five renewal options; NOI of $250,000; asking price $599,000.

Property Details for 0 Piedmont Rd

Property type
Square Feet
4,000 SF
Class
A
Year Renovated
2023
Buildings
1
Stories
1
Lot Size (sq. ft)
10,890 SF
Units
1

Location Insight

City
Atlanta
County
Fulton
State
Georgia
Latitude
33.8312298
Longitude
-84.3681104
Piedmont Rd, Atlanta, Georgia

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0 Piedmont Rd
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