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Vintage Home Kitchen 555 Progress Center Ave

6,400 SF Retail Building Lawrenceville, GA 30043 $2,000,000 ($313/SF) 7% Cap Rate

Investment Highlights

  • Ideal for Sports Bar, Hookah Bar, Sushi Buffet, Country Buffet, Chinese Restaurant, Italian Restaurant, Mexican Restaurant, etc.
  • Newly Established Country Food Cafeteria Style Restaurant. 4,612 sf (6,400 SF with included patio)

Executive Summary

Keep or convert very good location currently used as a gorgeous and beautiful American restaurant. The location has a lot of potential for sports bar, hookah bar, sushi buffet, country buffet, Chinese restaurant, Italian restaurant, Mexican restaurant, event service and more. Newly established country food cafeteria style restaurant. 4,612 sf (6,400 sf included patio) Stand alone building on 2.32 acres flat land with ample parking lot. Buyer can build one more building. Owner is selling it due to a family issue.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,400 SF
Building Class
B
Year Built
1998
Price
$2,000,000
Price Per SF
$313
Cap Rate
7%
NOI
$140,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
2.32 AC
Zoning
C2 - Commercial
Parking
62 Spaces (13.44 Spaces per 1,000 SF Leased)
Frontage
284 FT on Hurricane Shoals Rd

Amenities

  • Corner Lot
  • Freeway Visibility
  • Restaurant
  • Drive Thru

Nearby Major Retailers

United Rentals
Blimpie America's Sub Shop
  • Listing ID: 33750467

  • Date on Market: 11/4/2024

  • Last Updated:

  • Address: 555 Progress Center Ave, Lawrenceville, GA 30043

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