Gigi’s Cupcakes Sandy Springs for Sale – Keep or Convert – $89,000 – Hi Traffic Spot at Hammand Drive & Peachtree Dunwoody

by Steven Josovitz

Post image for Gigi’s Cupcakes Sandy Springs for Sale – Keep or Convert – $89,000 – Hi Traffic Spot at Hammand Drive & Peachtree Dunwoody

#1893

Gigi’s Cupcakes  is located 1140 Hammond Dr, suite 125, Sandy Springs, GA 30328.

Gigi’s Cupcakes of Sandy Springs, Georgia is located on the edge of Sandy Springs and Dunwoody, Georgia outside of Atlanta on Hammond Drive.  We are, in Atlanta lingo, OTP – Outside the Perimeter (285) – north of the St. Joseph’s and Northside hospitals complex.

Perimeter Mall/Sandy Springs/Dunwoody Area Bakery Cafe.

Incredible high traffic, high density, middle to high-income residential and office marketplace steps away from the Perimeter Mall and minutes to Buckhead, Brookhaven, Dunwoody and all of Metro Atlanta. 

Space is 1700/sf with seating for 14.

Current lease expires April 30,  2020, with a five-year option that starts at $30.00/sf NNN with CAM at approximately $720 per month.

Rate/ Monthly Annual

Period PSF Base Rent Base Rent:

5/1/18 –   4/30/19 $31.83 $4,641.88 $55,702.50

5/1/19 –   4/30/20 $32.47 $4,735.21 $56,822.50

Rate/ Monthly Annual Option Period

Period PSF Base Rent Base Rent

5/1/20 –   4/30/21 $33.12 $4,830.00 $57,960.00

5/1/21 –   4/30/22 $33.78 $4,926.25 $59,115.00

5/1/22 –   4/30/23 $34.46 $5,025.42 $60,305.00

5/1/23 –   4/30/24 $35.15 $5,126.04 $61,512.50

5/1/24 –   4/30/25 $35.85 $5,228.13 $62,737.50

Opened April 13th 2010 at an opening cost of almost $200,000.

Great staff makes for a very easy transition with no hiccups although current name and business are not included in the sale. This space is perfect for any bakery or food use but would have to add hoods if full cooking is required. Perfect and set up for bakery, cupcakes, macaroons, donuts, coffee cafe, juice bar, etc.

At this price, Seller is not showing books and records other the lease, equipment list, and expenses.

Priced at $89,000 with 25% Owner financing.

(This is an Open and Operating Business.  Please do not make any attempt to contact Staff, Management, Landlord and or Ownership. Documentation and Inspections will be provided upon request)

 

 

Print Friendly, PDF & Email

Click here to sign up for our free email alerts
to get new listings, price changes, updates and news.

If you need more information about this or any of our other listings,
please click here to electronically fill out our CA/NDA.

Previous Listing:

Newer Listing: