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2004 Nathan Dean Byp
Rockmart, GA 30153

$2,368,000 USD

Restaurant For Sale  •  5,780 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 5,780 SF
  • Lot Size 2.24 AC
  • Building Class C
  • Year Built 2025
  • Cap Rate 5.70 %
  • Tenancy Single
0 Transit Score
1 Walk Score

Highlights

New Construction LongHorn Ground Lease with 10-Year Term
LongHorn Steakhouse was the Best Performer among All Darden Restaurants, with a 7.5% Increase in Same-Store Sales 4Q
Located at Lighted Busy Intersection: 23,400 VPD on Highway 278
Across from Strong Performing Walmart: $75M+ sales and 1.7M Annual Visits
Strong Intrinsic Value Due to Ground Lease: Value of land and building exceeds purchase price
Investment Grade Tenant: (S&P BBB) $11.5B in Total Sales Annually
Cap Rate: 5.70 %

Major Tenants

Tenant SF Occupied Lease End Date
Longhorn Steakhouse 6/30/2035

Amenities

  • Restaurant
Greg Labarre 619-997-1242 SRS Real Estate Partners
Greg Labarre 619-997-1242 SRS Real Estate Partners