70 W Crossville Rd - Restaurant FOR SALE


Roswell, GA 30075- Downtown Roswell
$2,399,988 USD
404-812-8925
70 W Crossville Rd, Roswell, GA for Sale
$2,399,988 USD
Restaurant - FOR SALE
1/9
null | 6.38% Cap Rate

70 W Crossville Rd
Roswell, GA 30075
Downtown Roswell


HIGHLIGHTS

  • Selling the real estate as an investment - leased through Dec. 2034 with 2% annual increases and a 5 year option to extend at the end of the lease.
  • Attractive Italian restaurant in the affluent Roswell suburb of Atlanta
  • NNN lease with no landlord responsibilities, thus ease of management
  • Strong average 1-mile household income of $182,312 and is expected to increase by 15.96% to over $211,000 in the next 5 years
  • Dense population with 166,225 people living within a 5 mile radius
  • Great visibility with 27,728 vehicles passing per day on West Crossville Road, (Hwy 92) and 28,568 vehicles passing per day on Crabapple Road

OVERVIEW

Price Reduced...Bellini Osteria Toscana has quickly established itself as a distinguished dining destination. Renowned for its authentic Tuscan cuisine, the restaurant has received high praise for its exceptional food quality and warm, inviting atmosphere. Notable achievements include the introduction of traditional Italian dishes crafted by chefs brought in from Italy, ensuring an authentic culinary experience. Customers have consistently lauded the restaurant for its attentive service and delightful ambiance, making it a favorite spot for both casual and special dining occasions. www.belliniosteriatoscana.com The location is ideal for a high quality Italian restaurant, and this has been an established restaurant location for over 40 years. The experienced operator recently moved from Connecticut to Atlanta leased the real estate from the landlord and previous restaurant operator. The interior has received a new renovation bringing the feel of Tuscany to this property. The area can support restaurants like this, with an average household income of $185,000 and with over 166,000 people living within 5 miles of the property.

FOR SALE DETAILS

PRICE

$2,399,988 USD

PRICE/SF

$423 USD /SF

CAP RATE

6.38%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bellini's Tuscan Restaurant - 6.38% CAP - NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.04 AC

LAND SF

45,302 SF

ZONING

C1, County

APN/PARCEL ID

12-1870-0393-075-7

ASK ABOUT THIS PROPERTY

Chase MurphySkyline Seven Real EstateMore Info
404-812-8925

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Chase MurphySkyline Seven Real EstateMore Info
404-812-8925

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.