Shumacher Sells HotRocks in Peachtree Corners (Norcross) in Three Weeks

by Steven Josovitz

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Steve Josovitz of The Shumacher Group, Inc. just sold HotRocks Grill located at 4941 S Old Peachtree Rd Suite F, Peachtree Corners, GA 30092. The Shumacher Group, Inc.and Steve Josovitz represented Sellers and assisted Buyer from start to finish. Buyers will convert to Hermes a Greek gyro cafe.

Seller Info:

HotRocks Grill available for lease is located at 4941 S Old Peachtree Rd Suite F, Peachtree Corners, GA 30092.

2500/sf end cap.

High visibility on high traffic Peachtree Industrial Road at South Old Peachtree anchored by Dunkin Donuts and adjacent to a Starbucks Center.

Drive-thru and pick up window.

Seating for 78 plus bar that looks into open exhibition kitchen.

Monthly rent all in is $6,000.

Ten-year lease with two-five year options to renew.

$500,000 spent to open the doors.

All furniture, fixtures, and fixtures were purchased brand new and still in mint condition.

Opened March 2017 but Partner split forced closure in October 2017.

State of the art build-out includes power and USB ports at every booth.

Security system in place.

Fully up to code.

Landlord onboard to work with new Tenant and will give rental concessions.

$150,000..

 

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