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Turnkey Restaurant/Bar-Athens GA 1550 Oglethorpe Ave 3,711 SF of Retail Space Available in Athens, GA 30606
Highlights
- Highly visible location
- Available For Sale/For Lease
- Turnkey restaurant/bar
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,711 SF | Negotiable | $25.87 /SF/YR $2.16 /SF/MO $96,004 /YR $8,000 /MO | Triple Net (NNN) |
1st Floor
1550 Oglethorpe Road, Athens, GA, is a ±3,711 SF freestanding restaurant/bar built in 1968 positioned along a high-traffic commercial corridor just off Loop 10 (Exit 15) on a 0.25-acre parcel with 78' of frontage along Oglethorpe Avenue.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
- Large open dining area
- Rooftop seating
- Spacious bar space
- Seperate prep & grill kitchen
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
| Total Space Available | 3,711 SF | Gross Leasable Area | 3,711 SF |
| Property Type | Retail | Year Built | 1968 |
| Property Subtype | Freestanding | Parking Ratio | 6.27/1,000 SF |
| Total Space Available | 3,711 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 3,711 SF |
| Year Built | 1968 |
| Parking Ratio | 6.27/1,000 SF |
About the Property
1550 Oglethorpe Road, Athens, GA, is a ±3,711 SF freestanding building built in 1968 positioned along a high-traffic commercial corridor just off Loop 10 (Exit 15) on a 0.25-acre parcel with 78' of frontage along Oglethorpe Avenue. Renovated in 2021, it is currently configured as a neighborhood restaurant and bar featuring a spacious dining area, dedicated prep and grill kitchens, a private office, and a separate bar/lounge area offers an experience that sets the property apart in today’s competitive hospitality market. The 900 SF rooftop patio offers additional seating and creates an immediate “cool factor,” offering open-air dining ideal for sunset cocktails, private events, and high-energy weekend traffic. Perfect for those IG accounts! With its ambiance and visual appeal, this asset offers a blend of revenue potential and restaurant differentiation for an operator looking to capitalize on something unique. This location offers strong visibility, convenient access, and proximity to established office and neighborhood commercial users that generate consistent drive-by traffic. 1550 Oglethorpe Ave. is a versatile investment opportunity as a turnkey restaurant or as a creative redevelopment project for professional office, medical, showroom, or retail use. Property is available for sale or for lease.
Nearby Major Retailers
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Turnkey Restaurant/Bar-Athens GA | 1550 Oglethorpe Ave
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