The Original Pancake House
Closed5099 Memorial Drive, Stone Mountain, GA 30083
Property type
Retail
Price
$1,090,909
Building size
3,229 sf
Rentable area
3,229 SF
Year built
1987
Year renovated
Occupancy
APN
18-043-02-081
Zoning code
C1
Lot size
0.80 Acres
Price per SF
$337.85
Property description
Franklin Street presents this Original Pancake house located off of Memorial drive in Stone Mountain, Georgia. Located in the main retail corridor right off of Interstate 285, The Original Pancake House is surrounded by national tenants including Burger King, Wendy's, Applebees, Dunkin' Donuts, Chick-fil-A, Taco Bell, KFC, and many more. This property is operated by Top H Enterprises LLC which provided a strong company and personal guarantee of the lease. Top H Enterprises operates 3 Original Pancake Houses in Atlanta MSA and plans to expand.
Property highlights
- 20 Years remaining on Absolute NNN Lease
- Very attractive return for a 20-Year lease
- 260,000+ Residents within 5 Miles of the Property
- 1 mile away from interstate 285 with 200,000+ VPD
- Strong visibility with 36,000+ VPD on Memorial Drive
- Only 15 miles from downtown Atlanta, the most populated city in Georgia
- Personal and Business guarantee on the building