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5561 - 5567 Memorial Drive - Village Square - Village Square Shopping Center, Stone Mountain, GA

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5561 - 5567 Memorial Drive - Village Square - Village Square Shopping Center

Stone Mountain, GA 30083-3237 - Stone Mtn/Clarkston Ret Submarket

(2.6 MB)

Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:1975
Building Size:114,320 SF Land Area:13.72 AC (597,643 SF)
For Sale Price:$5,600,000 Price/SF:$48.99
Cap Rate:-
Parking:501 Surface spaces are available; Ratio of 4.4/1,000 SF


Escalations are from 3-5%

Rental is Upstairs

Dekalb County
13.72 Acres
Built 1975
41 % Leased (49,705 SF)

Sale Notes:
- Below replacement cost at $48.96/SF
- Hugh parking capacity with over 500 surface parking spaces
- Mixed use building with office and retail spaces
- Commanding visibility on Memorial Drive
- 30 acre assemblage potential
- Traffic counts in excess of 30,000 cars per day

Bull Realty Inc.
Danny Glusman
(404) 876-1640




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