1129 Highway 92Acworth, GA 30102

Property Details for 1129 Highway 92

Year built

2015

Construction

WOOD

Lot size

1.27 AC

Property size (Sq ft)

6,641 SF

Zone code

GC

Property type

Retail properties

Property subtype

Turn key restaurants

APN

21N06 006

APU

21N06006

Description

This exceptional 2,500 square foot end-cap restaurant space, located at 1129 Hwy 92 in Acworth, Georgia (zip code 30102), presents a remarkable quick-service restaurant (QSR) lease opportunity. Situated on 1.27 acres of land, this single-story building, constructed in 2016 and renovated in 2023, boasts a total of 6,269 square feet and features two suites. The available space includes a 500 square foot patio. The property is conveniently located near the intersection of Hwy 92 and Larry McDonald Memorial Hwy, benefiting from high visibility and significant traffic volume exceeding 146,000 vehicles daily due to its proximity to I-75. This multi-tenant building offers a "vanilla shell" interior, allowing for complete tenant customization. Utilities are readily available, including a 400-amp electrical panel, separately metered gas, and a less-than-five-year-old HVAC system. Plumbing is stubbed out. The drive-thru features two loops with pre-installed stub-outs for menu and order boards. A grease trap and designated dumpster are also in place. The property offers ample parking with 83 spaces. The tenant will enjoy prime entrance visibility and prominent signage, sharing a pylon sign with iHop, a national breakfast chain slated to open in early 2024. The drive-thru can accommodate up to 20 vehicles. The property is zoned GC and has an APN of 21-1278-0008. Minimum divisible space is 2,500 square feet, with a maximum contiguous space of 2,500 square feet.

• CAP approach

  CAP return

  Valuation

  6%

  $2,064,763

  6.5%

  $1,905,935

  7%

  $1,769,797

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,726,016

  Geo Method

  $3,264,392

• Alternative Use

  Use

  Valuation

  Residential

  $1,607,727

  Hospitality

  $1,472,670

  Educational

  $1,225,244

  Medical

  $1,267,382

  Retail

  $1,905,935

Location Insight

City

Acworth

County

Cherokee

State

Georgia

Latitude

34.0817

Longitude

-84.6551

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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