5675 Jimmy Carter BlvdNorcross, GA 30071

Property Details for 5675 Jimmy Carter Blvd

Year built

1977

Lot size

9.68 AC

Property size (Sq ft)

230,300 SF

Zone code

C2-GENERAL BUSINESS

Property type

Other commercial real estate

APN

6-216 -027

APU

6216027

Description

This exceptional turnkey opportunity presents a thriving Indian restaurant and banquet hall in Norcross, Georgia, listed at $1,197,000. The property, located at 5675 Jimmy Carter Blvd, boasts a substantial 30,000 square feet of space, built in 2005. The expansive facility includes a dedicated banquet space, meeting rooms, corporate offices, and a state-of-the-art 10,000 square foot kitchen and commissary. Currently operating under a lease with two five-year renewal options, the monthly rent of $29,800 includes all utilities, water, and CAM charges. A fully staffed and profitable operation, this establishment is fully equipped and ready for immediate operation. The business has a strong reputation for its authentic Indian cuisine, catering to events ranging from intimate gatherings of 50 to large-scale celebrations of up to 700 guests. Extensive support and training are available to ensure a smooth transition for the new owner. This is a rare opportunity to acquire a well-established, profitable business with significant growth potential in a prime location. The property's versatility and established clientele base make it an attractive investment for discerning buyers.

• Alternative Use

  Use

  Valuation

  Residential

  $50,627,828

  Hospitality

  $46,374,820

  Educational

  $38,583,304

  Medical

  $39,910,244

  Retail

  $60,018,476

Location Insight

City

Norcross

County

Gwinnett

State

Georgia

Latitude

33.9148

Longitude

-84.2073

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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