22 North Avondale Rd, Avondale Estates, GA
Retail for Sale - $1,030,000
Property Info
CIMLS# | 964543 |
Location 22 North Avondale Rd Avondale Estates GA 30002 | |
Updated | October 8th, 2017 |
Type | Retail |
Price | $1,030,000 |
Property Description
This 100% occupied, net leased investment opportunity is located in the popular Avondale Estates neighborhood. It is currently occupied by a NNN leased tenant, My Parents Basement, with 2.5 yrs remaining on the initial term with two 5 year renewal options. Built in 2002, the 4,600 SF restaurant building sits on approx one acre that spans three parcels. It has excellent visibility from North Avondale Road and has plenty of parking. The sale includes all kitchen and restaurant equipment and most furniture. Location Description: Located in the popular Avondale Estates neighborhood, the property is just east of Decatur. Highlights: >> 100% occupied net leased investment >> 7.8% Cap rate >> NNN leased restaurant tenant >> one acre of land on a corner lot (consisting of three parcels) >> Popular Avondale Estates neighborhood >> Excellent visibility with plenty of parking >> Sale includes all kitchen and restaurant fixtures and most furniture * Email for additional pictures<br />
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