Buckhead Atlanta Georgia Restaurant for Sale on Peachtree Steps to Midtown – Fully Equipped Turnkey – Keep or Convert – $275K
#6615
Tuk Tuk Thai Food Loft for Sale
Located at 1745 Peachtree St NE Unit Y, Atlanta, GA 30309.
Prominent Buckhead/Midtown corridor location.
Multi-Million Million Dollar Build Out.
8967/SF Multi-Level.
140 seats inside.
Full Bar seats 16.
Patio seats 50.
Plenty of parking.
1500 Gallon Grease Trap
20’ Hood Vents.
Walk-In Refrigerator.
Private Elevator servicing 3 floors.
High-Income In Your Face Location.
Almost any casual or upscale concept works except Mexican.
Could be converted to Office, Medical orProfessional Use.
Monthly Rent $20,000 ALL IN.
Long Term Lease of 10 years remains.
Name, Trademarks, Recipes, Books and Records are not included.
Priced at $275,000.
CONTACT
Steve Josovitz
The Shumacher Group, Inc.
770.840.2121 tel (Office)
steven@shumacher.com
www.shumacher.com
GA RE Firm #018750
GA RE Broker #164878
Sean McPherson
404.357.0848 cell
sean@shumacher.com
www.shumacher.com
GA RE Firm #018750
GA RE License #397346
Demographics
Since at least the 1950s, Buckhead has been known as a district of extreme wealth, with the western and northern neighborhoods being virtually unrivaled in the Southeast. In 2011, The Gadberry Group compiled the list of the 50 wealthiest zip codes in the United States, ranking Buckhead’s western zip code (30327) as the second wealthiest zip code in the South (behind Palm Beach‘s 33480) and the second wealthiest zip code east of California and south of Virginia.[20] The same group reported the average household income at $280,631, with an average household net worth of $1,353,189.[20] These 2011 figures are up from a similar 2005 study that pegged Buckhead as the wealthiest community in the South and the only settlement south of the Washington D.C. suburb of Great Falls, and east of the Phoenix suburb of Paradise Valley to be among the 50 wealthiest communities in the country.[21] However, according to Forbes magazine, (30327) is the ninth-wealthiest zip code in the nation, with a household income in excess of $341,000.[22] The Robb Report magazine has consistently ranked Buckhead one of the nation’s “10 Top Affluent Communities” due to “the most beautiful mansions, best shopping, and finest restaurants in the Southeastern United States“.[23][24][25][26][27] Due to its wealth, Buckhead is sometimes promoted as the “Beverly Hills of the East” or “Beverly Hills of the South” in reference to Beverly Hills, California, an area to which it is often compared.[28][29]
Economy
At the heart of Buckhead around the intersections of Lenox, Peachtree and Piedmont Roads, is a shopping district with more than 1,500 retail units where shoppers spend more than $3 billion a year.[30] In addition, Buckhead contains the highest concentration of upscale boutiques in the United States.[31] The majority are located at Lenox Square and Phipps Plaza, sister regional malls located diagonally across from each other at the intersection of Peachtree and Lenox Roads. The malls are home to designer boutiques, mainstream national retailers, as well as six major department stores. This commercial core also has a concentration of “big-box” retailers. The “Buckhead Atlanta” mixed-use development brought even more exclusive boutiques, restaurants, hotels, condos and office space to the heart of Buckhead in 2014.[13][32] The name of the project was rebranded as ‘Buckhead Atlanta’.[33]The Alhambra, historic apartments in the Garden Hills neighborhood
Buckhead is also a center for healthcare, and is home both to Piedmont Hospital and the private, catastrophic care hospital Shepherd Center which specializes in spinal cord injury and acquired brain injury. The two hospitals are located adjacent to one another along Peachtree Road. (This location is known as “Cardiac Hill” by runners of the annual Peachtree Road Race.[34])
Buckhead is also the location of a large share of Atlanta’s diplomatic missions. Consulates in Buckhead include the Consulate-General of Australia and the Australian Trade Commission,[35] the Consulate-General of France and the French Trade Commission,[36] the Consulate-General of Brazil, the Consulate-General of Japan,[37][38] and the Consulate of Greece.[39]
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