Perimeter Mall/Sandy Springs/Dunwoody Area Bakery Cafe – Perfect for Cupcakes, Macaroons, Donuts, Espresso or Juice Bar – Generous Owner Financing w/25% Down

by Steven Josovitz

Post image for Perimeter Mall/Sandy Springs/Dunwoody Area Bakery Cafe – Perfect for  Cupcakes, Macaroons, Donuts, Espresso or Juice Bar – Generous Owner Financing w/25% Down

 

#1802

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

5/1/17 –   4/30/18 $31.21 $4,551.46 $54,617.50

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

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.

Priced at $115,000 with Owner financing with as little as 25% down.

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