NNN Lease | $152,398 NOI | 5.8% Cap Rate
350 Memorial Dr SE
Atlanta, GA 30312
FOR SALE
Property Type:
Free Standing BuildingAmount:
$2,650,000
Last Verified:
Jun 24, 2025Daily Email Blast
0 times
Highlights
- Full-service restaurant in flourishing Grant Park neighborhood
- Second location for tenant DAS BBQ, open since 2020
- First location open and operating in West Midtown since 2016
- 10-Year lease goes through end of 2030 + two 5-year extensions
- True NNN Lease | 3% Annual base rent escalations
- Adaptive-reuse former Harp Transmission building
- Beautifully redesigned property balances modern touches while thoughtfully preserving past architectural details
- ±3,130 SF Restaurant | Large Covered Patio | 178 Interior Occupancy
- ±0.395 Acre rectangular parcel | Maxed out with outdoor patio and event space
- Family friendly, pet friendly vibe with live music and events
- 12 Parking spaces, but open patio and bar area covers 7 of them
- Monument sign showcasing to Memorial Drive’s ±20,630 vehicles per day
- Large park and recreational spaces on both sides of property
- Abundant free street parking and other parking areas adjacent
- Walkable area | Thousands of new/newer apartments in immediate area
- Adjacent to Oakland Cemetery, a ±48-acre destination with year-round events for tourists and locals.
- One mile west of the Eastside Beltline Trail and Madison Yards
- Walkable to booming neighborhoods of Summerhill, Reynoldstown, Old Fourth Ward, and South Downtown
- Located on major arterial road | Synergy with many other nearby restaurants
- 1 Mile from Eastside Beltline Trail | 1500’ Off major I-20 highway exit
Description
Tenant Name: DAS BBQ
This property is located in Atlanta, GA.
Year Built: 1930
Building Size: 3130sq ft
Building Class: B
Lot Size: 0.4 acres
