4555 Ashford Dunwoody Rd NE
Atlanta, GA 30346
Zinburger- Perimeter · Retail Property For Sale

PREMIER TENANT: The Briad Group is best known for their three major divisions: quick-service, which operates 111 Wendy’s locations; Casual Dining, which is one of the nation’s largest TGI Friday’s franchisees with 48 locations; and lodging, which has operated and developed 34 hotels under the Marriott and Hilton brands. In 2010, The Briad Group decided to expand their restaurant operations to include Zinburger Wine and Burger Bar and took full ownership in 2016. Since then, they have opened 12 locations and have another 6 locations in the development pipeline. LONG-TERM ABSOLUTE NNN GROUND LEASE WITH OPTIONS: Zinburger’s NNN ground lease features ±14.3 years of primary term remaining with 10% rent increases every 5 years throughout the initial term and five 5-year option periods. TAX ABATEMENT SAVINGS: The property is subject to a development-related tax abatement for the next 6 years. These tax benefits are included in the offering and the buyer will receive an estimated ±$125,000 in additional proceeds over the tax abatement period. EXCELLENT ACCESS/VISIBILITY: The property is ideally located with excellent access and visibility on Ashford Dunwoody Road (Traffic Count: 49,400 VPD), which provides access to I-285 (Traffic Count: 248,000 VPD), just 0.8 mile south of the site. SURROUNDING USES: Additional traffic drivers in the immediate area include the new Hampton Inn and Corner Bakery directly adjacent to Zinburger, the 1.6 million-square-foot Perimeter Mall (anchors: Macy’s, Dillard’s, Nordstrom), Crowne Plaza Hotel, Atlanta Marriott Perimeter Center, Home Depot, Target, T.J Maxx, Ross Dress for Less, Michaels, PetSmart, Barnes & Noble, Best Buy, Nordstrom Rack, Old Navy, Rooms to Go, Woodhouse Day Spa, Seasons 52, The Capital Grille, P.F. Chang’s, Fleming’s Prime Steakhouse & Wine Bar and Sage Woodfire Tavern, among many others. AFFLUENT INFILL DEMOGRAPHICS: Zinburger benefits from dynamic demographics with a population of 104,809 and an average household income of $124,249 within a 3-mile radius. The property is surrounded with 31.4 MSF of office, 24,610 multifamily units, 10.6 MSF of retail, and 1.1 MSF of industrial within a 3-mile radius.