Description

We are pleased to offer Bellini Tuscan Restaurant at 70 W. Crossville Road in Roswell, Georgia, for sale at $2,399,988. The property totals approximately 5,679 SF and was built in 1979.

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

Highlights include: Selling the real estate as an investment property - leased through December 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; Experienced restaurant operator who moved from Connecticut to Atlanta, and has signed a personal guarantee to the lease; Lease commenced on January 1, 2024 for 10 years and 4 months; Replaceable rent at under $27/SF and a potential future redevelopment site; Recorded cross access and parking access with adjacent shopping center; 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.

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.

Elliott Kyle and Chase Murphy of Skyline Seven Real Estate represent this offering. We welcome inquiries and are glad to share additional property information, photos and terms on request. Please contact us to discuss the opportunity or arrange a tour.