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1st Generation Restaurant | Edgewood Avenue 377 Edgewood Ave SE
1,780 - 5,074 SF of Retail Space Available in Atlanta, GA 30312
Highlights
- New two-level structure totaling 5,074 SF could house a different concept on each level (from a single operator)
- Delivered as shell with HVAC | 400 Amps | 1500g grease trap | 5-10 parking spaces depending on layout
- Close proximity to the Atlanta Beltline (1/2 mile) and Downtown Atlanta (less than 1 mile)
- Ceiling heights on new structure will range from 11 to 15 feet
- Excellent location with frontage on Edgewood Avenue | Situated within one of the most popular restaurant and nightlife areas of Atlanta
- Close proximity to Georgia State University (less than mile) and Waldo’s Old Fourth Ward 200,000 mixed-use development (1/4 mile)
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor | 3,294 SF | Negotiable | $40.00 /SF/YR $3.33 /SF/MO $131,760 /YR $10,980 /MO | Triple Net (NNN) | ||
2nd Floor | 1,780 SF | Negotiable | $40.00 /SF/YR $3.33 /SF/MO $71,200 /YR $5,933 /MO | Triple Net (NNN) |
1st Floor
Space A (ground floor): 2,959 SF plus 335 SF of enclosed patio (3,294 total leasable SF)
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
2nd Floor
Space B (second level): 1,165 SF Plus 615 SF Covered Patio (1,780 Total Leasable SF)
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Drinking Establishment
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 377 Edgewood Ave SE , Atlanta, GA 30312
Property Type | Retail | Gross Leasable Area | 5,074 SF |
Property Subtype | Restaurant | Year Built | 1940 |
Property Type | Retail |
Property Subtype | Restaurant |
Gross Leasable Area | 5,074 SF |
Year Built | 1940 |
About the Property
Current structure undergoing complete overhaul and expansion with Q2 2023 expected delivery. Space A (ground floor): 2,959 SF plus 335 SF of enclosed patio (3,294 total leasable SF); Space B (second floor): 1,165 SF plus 615 SF of covered rooftop patio (1,780 total leasable SF)
Nearby Major Retailers
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1st Generation Restaurant | Edgewood Avenue | 377 Edgewood Ave SE
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