Property Listing No Longer Available for Sale

2465 Highway 81, Covington, GA

Retail for Sale - $440,000 - 3,108 Sq. Ft. on 11.4 acres


Property Info

CIMLS#135342
Location
  2465 Highway 81
  Covington GA 30016
UpdatedDecember 27th, 2012
TypeRetail
Price$440,000
Building3,108 Sq. Ft.
Land11.4 acres

Property Description

ABOUT THE OFFERING: Bull Realty is pleased to offer this attractive, bank owned former casual dining pizza restaurant with a 100+ seating capacity. This vacant, approximately 3,108 SF freestanding building is in good condition and sits on 1.14 +/- acres. It features a drive-thru, mature landscaping, plenty of parking and excellent visibility. The location, built in 2004, is a former successful pizza restaurant in an area with few family restaurants. The restaurant was later sold to an absentee owner who did not oversee operations and it subsequently closed. The FF&E, including tables and chairs, are included in the sale.

ABOUT THE AREA: This is a busy commuter corridor near the intersection of Hwy 81 and Salem Rd in the Porterdale/Covington area of Newton County, GA. It is located just five miles south of Interstate 20 and the City of Conyers. Next door to the subject property is a recently constructed Dollar General.

Newton County is part of the Atlanta MSA and approximately 35 miles east of downtown Atlanta. Within a 3-mile radius, the population is 23,720 with an average household income of $66,904. According to a recent MRI/ESRI study, 74% of the adult population within a 3-mile radius dined at a family restaurant within the last 6 months.

PRICE: The bank owned property is offered FOR SALE at $440,000.00 ($165/SF which includes the FF&E. It is also available FOR LEASE at $14.85 SF, NNN.

Please contact Jared for additional details regarding this property.

Please Contact:

Jared Daley

JDaley@BullRealty.com

404.876.1640 x 111


Financials



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