A lovely unruly barbecue joint that has cooked rib plates and Brunswick stews for nearly 30 years at Memorial Drive is on sale, marking the latest and most important Atlanta. probability As the value of land soars, it can succumb to development.
Daddy D’zBBQ Joynt, which opened in 1993 along the rough memorial drive of the time, Hold out Millions of dollars of development are flowing in the Memorial Drive Corridor. Built in 1949, this one-story restaurant operates with the slogan “We are not clean, but good!”.
But now, according to LoopNet, the restaurant and its .32-acre plot are being sold by the Azar Investment Company as a redevelopment opportunity with excellent walkability and transportation access.
The asking price is $ 2 million, or $ 920 per square foot.
This includes a 2,173-square-foot retail building in the Auckland district, just north of Grant Park. Records show that Hazard owns the property.
This list includes strong walk scores (88), transit scores (71), and “Rapid growth and development of the neighborhood ”, and entry into the property from both Memorial and Martin Luther King Jr. Drive as selling points.
“This is a rare opportunity for investment or development real estate in a fast-growing region,” the marketing game reads. “”[The property] Located in the heart of Atlanta’s Auckland district, surrounded by new multipurpose developments. Grant Park, Beltline, Historic Oakland Cemetery, [Georgia State Capitol], And many shops and restaurants. “
Daddy D’z’s assets have been working for years and are directly applicable to the planned green space initiative, which was master-planned from 2017. Memorial Drive Greenway..
This afternoon we asked Daddy D’z if management plans to relocate the restaurant or reopen it with new developments that will be realized in the field. This story will be updated with additional information.
According to the restaurant’s biography, the “internationally recognized staple” of Atlanta’s dining scene counts professional athletes, renowned musicians, and Georgia patrols among its patrons.
With just four blocks surrounding the barbecue hut, more than 700 million apartments have been realized in recent years on the George, Leonard, Grant Park platforms and, more recently, on the building adjacent to MARTA. Marchon Building Next to the Auckland Cemetery.
On a 2.5-acre site just northwest of Daddy D’z Alliance Residential Company is also under construction Over 278 apartments.. Nick’s Food to Go, a family-owned Greek takeaway facility that has been operating in a small corner building since 1994, is next to its development but will not be relocated.
•• Nearly 300 rents officially heading to the Memorial Drive Corridor (Urbanization of Atlanta)