NNN Lease | $152,398 NOI | 5.8% Cap Rate

For Sale

350 Memorial Dr SE, Atlanta, GA 30312

This Atlanta property for sale is located at 350 Memorial Dr SE. The general use of NNN Lease | $152,398 NOI | 5.8% Cap Rate is retail and it incorporates 3,130 square feet of class B retail space. The current listed sale price for NNN Lease | $152,398 NOI | 5.8% Cap Rate is $2,650,000. NNN Lease | $152,398 NOI | 5.8% Cap Rate is situated on a lot that is 0.4 acre in size.

Contacts

broker
Michael Wess, CCIM

Bull Realty

Property Details

  • Property Type Retail - Freestanding
  • Property Size 3,130 SF
  • Lot Size 0.4 Acre
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1930
  • Year Renovated 2020
  • Date Updated Jun 25, 2025
This property is located in Atlanta, GA.Tenant Name: DAS BBQ
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Highlights

  • ±0.395 Acre rectangular parcel | Maxed out with outdoor patio and event space
  • ±3,130 SF Restaurant | Large Covered Patio | 178 Interior Occupancy
  • 1 Mile from Eastside Beltline Trail | 1500’ Off major I-20 highway exit
  • 10-Year lease goes through end of 2030 + two 5-year extensions
  • 12 Parking spaces, but open patio and bar area covers 7 of them
  • Abundant free street parking and other parking areas adjacent
  • Adaptive-reuse former Harp Transmission building
  • Adjacent to Oakland Cemetery, a ±48-acre destination with year-round events for tourists and locals.
  • Beautifully redesigned property balances modern touches while thoughtfully preserving past architectural details
  • Family friendly, pet friendly vibe with live music and events
  • First location open and operating in West Midtown since 2016
  • Full-service restaurant in flourishing Grant Park neighborhood
  • Large park and recreational spaces on both sides of property
  • Located on major arterial road | Synergy with many other nearby restaurants
  • Monument sign showcasing to Memorial Drive’s ±20,630 vehicles per day
  • One mile west of the Eastside Beltline Trail and Madison Yards
  • Second location for tenant DAS BBQ, open since 2020
  • True NNN Lease | 3% Annual base rent escalations
  • Walkable area | Thousands of new/newer apartments in immediate area
  • Walkable to booming neighborhoods of Summerhill, Reynoldstown, Old Fourth Ward, and South Downtown

Getting around

  • 92/100

    Walk Score ®

  • 74/100

    Transit Score ®

  • 72/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Atlanta, GA
  • Neighborhood Grant Park
  • Zip Code 30312
  • Market Atlanta

Points of Interest

  • King Memorial

    0.20 miles

  • Edgewood at Hillard

    0.50 miles

  • Sweet Auburn Market

    0.55 miles

  • King Historic District

    0.58 miles

  • Georgia State

    0.60 miles

  • Dobbs Plaza

    0.60 miles

  • Auburn at Piedmont

    0.67 miles

  • Hurt Park

    0.73 miles

  • Park Place

    0.89 miles

  • Woodruff Park

    0.92 miles

  • BP

    0.19 miles

  • Texaco

    0.23 miles

  • Shell

    0.27 miles

  • Exxon

    0.52 miles

  • Chevron

    0.75 miles

  • RaceTrac

    0.79 miles

  • Kroger

    0.95 miles

  • ChargePoint

    1.76 miles

  • eVgo

    1.82 miles

  • Blink

    3.30 miles

  • Pete Hackney Deck

    0.51 miles

  • S Deck

    0.53 miles

  • K Deck

    0.53 miles

  • N Deck

    0.56 miles

  • Grady Piedmont Deck

    0.57 miles

  • M Deck

    0.62 miles

  • Loft Parking

    0.63 miles

  • Big Bethel Parking

    0.67 miles

  • J Deck

    0.72 miles

  • G Deck

    0.73 miles

  • Mezcalito's

    0.10 miles

  • Tin Lizzy's Cantina

    0.14 miles

  • Ria's Bluebird

    0.15 miles

  • Daddy D'z

    0.16 miles

  • Six Feet Under Pub & Fish House

    0.20 miles

  • Nick's Food To Go

    0.20 miles

  • Grant Central Pizza

    0.37 miles

  • Dakota Blue

    0.39 miles

  • Doc Chey's Noodle House

    0.39 miles

  • Mi Barrio

    0.43 miles

  • Auburn Discount Grocery

    0.60 miles

  • Publix

    0.84 miles

  • The Atlanta Dairies

    0.92 miles

  • Kroger

    0.97 miles

  • Downtown Mini Mall

    0.98 miles

  • The Hub at Peachtree Center

    1.09 miles

  • Four Corners of the Earth Market Place

    1.82 miles

  • Ross

    1.83 miles

  • Target

    1.85 miles

  • TJ Maxx

    2.00 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Michael Wess, CCIM

Bull Realty

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