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Restaurant Leasing Opportunity 845 Flat Shoals Ave SE 1,980 SF of Retail Space Available in Atlanta, GA 30316
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,980 SF | Negotiable | $39.39 /SF/YR $3.28 /SF/MO $77,992 /YR $6,499 /MO | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
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 | 1,980 SF | Gross Leasable Area | 2,615 SF |
| Property Type | Retail | Year Built/Renovated | 1959/2020 |
| Property Subtype | Freestanding | Parking Ratio | 3.82/1,000 SF |
| Total Space Available | 1,980 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 2,615 SF |
| Year Built/Renovated | 1959/2020 |
| Parking Ratio | 3.82/1,000 SF |
About the Property
• Two-tenant food and beverage building in thriving East Atlanta • Entire property available for purchase and restaurant space available for lease • Chef Lance Gummere of Mercer Street Meals awarded “Top 10 Most Memorable Restaurants” and “Most Anticipated New Restaurant” and has a 4.9 Google rating • The Brunch At East Atlanta has a brand new restaurant and bar buildout and a 4.3 Google Rating • True NNN leases | Allows for reimbursement of CAPEX and management • Hands off lease structure | Very minimal landlord responsibilities | 3% and 5% Escalations • The Brunch’s lease is coming up for renewal | Beautiful ±1,980 SF full-service restaurant space with bar (see page 9) • Opportunity to increase rent, re-tenant, or occupy the space • Currently available for lease at $39.39/SF + CAM ($6,500 monthly base rent) • New User would receive ~$30,000 in revenue from co-tenant • Fantastic visibility and corner parcel on busy Flat Shoals Road | (± 6,410 VPD) • Freestanding building with surface lot | 10 Parking spaces • Surrounded by brand new townhomes in the $600,000s • Less than a mile from East Atlanta Village, Moreland Ave and I-20 exit Flat Shoals Road
- Corner Lot
- Restaurant
- Signage
- Wheelchair Accessible
Nearby Major Retailers
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Restaurant Leasing Opportunity | 845 Flat Shoals Ave SE
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