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5099 Memorial Dr 3,355 SF Retail Building Stone Mountain, GA 30083 $1,200,000 ($357.68/SF)
Investment Highlights
- Former Original Pancake House.
- Drive thru can be added.
- Great visibility.
Executive Summary
#6331
Stone Mountain Memorial Drive GA Freestanding Restaurant Property for Sale or Lease – No Key Money Required – ALL NEW PRICING
Former Original Pancake House.
5099 Memorial Dr. Stone Mountain, Ga 30083.
3355/SF.
Situated on .8 acres.
Great visibility.
Drive thru can be added.
Ingress and Egress on busy Memorial Dr. (36,700 VPD)
Population 115,000. (3 mi)
Median HH Income $52,000. (3 mi)
20ft hood vent system intact.
Walk-in refrigerator.
Above ground grease interceptor.
Lease for $7500 Monthly.
Master policy/ building and liability coverages at approximately $5500 annually.
Real Estate Taxes $11,000 Annually.
OR
Buy Real Estate and Building for $1,200,000.
Landlord open to providing Tenant Improvement Dollars or Build to Suite Dollars for a National Credit Tenant.
Nearby retailers include Walmart, Popeyes, Burlington, Taco Bell, Chick-fil-A, DTLR, Footlocker and more.
Stone Mountain Memorial Drive GA Freestanding Restaurant Property for Sale or Lease – No Key Money Required – ALL NEW PRICING
Former Original Pancake House.
5099 Memorial Dr. Stone Mountain, Ga 30083.
3355/SF.
Situated on .8 acres.
Great visibility.
Drive thru can be added.
Ingress and Egress on busy Memorial Dr. (36,700 VPD)
Population 115,000. (3 mi)
Median HH Income $52,000. (3 mi)
20ft hood vent system intact.
Walk-in refrigerator.
Above ground grease interceptor.
Lease for $7500 Monthly.
Master policy/ building and liability coverages at approximately $5500 annually.
Real Estate Taxes $11,000 Annually.
OR
Buy Real Estate and Building for $1,200,000.
Landlord open to providing Tenant Improvement Dollars or Build to Suite Dollars for a National Credit Tenant.
Nearby retailers include Walmart, Popeyes, Burlington, Taco Bell, Chick-fil-A, DTLR, Footlocker and more.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,355 SF
Building Class
B
Year Built
1987
Price
$1,200,000
Price Per SF
$357.68
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.80 AC
Zoning
C1 - neighborhood commercial zoning district that allows for small-scale businesses and retail shopping
Frontage
153’ on Memorial Dr
Amenities
- Restaurant
- Drive Thru
Nearby Major Retailers
Property Taxes
| Parcel Number | 18-043-02-081 | Improvements Assessment | $94,520 |
| Land Assessment | $145,480 | Total Assessment | $240,000 |
Property Taxes
Parcel Number
18-043-02-081
Land Assessment
$145,480
Improvements Assessment
$94,520
Total Assessment
$240,000
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5099 Memorial Dr
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