Metro Atlanta Lifestyle Center Restaurant & Bar w/Patio – $1.2m Buildout – Priced Way Below Market – Turnkey for Almost Any Casual or Upscale Concept

by Steven Josovitz

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#1917

Metro Atlanta Lifestyle Center Restaurant & Bar w/Patio.

4,000/sf.

Seating for 130 inside

Bar stools = 18

Patio seats = 45

Rent- $8743.50

Cam-$2254.09

Tax-$1077.72

Insurance $56.17

Garbage-$672.38

Total payment to LL monthly- $12,803.86

Lease expires-12/5/2021.

Options-Two fives.

Security Deposit- $8743.50

Parking is free for guests in the deck for two hours

$400 a month for Staff parking.

$1.2m Buildout.

Turnkey for Almost Any Casual or Upscale Concept. Would be killer for Mexican, Taqueria, Italian Steakhouse, Seafood, Tapas, Pizzeria, etc.

At this fire sale price, Seller is not showing any books and records other then Lease, Asset List and Expenses and Fixed Costs.

Priced at $225,000 which is way below market or cost to build new.

 

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