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7300 Stonecrest Concourse - Stonecrest Festival - Stonecrest Festival, Lithonia, GA

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7300 Stonecrest Concourse - Stonecrest Festival - Stonecrest Festival

Lithonia, GA 30038 - Lithonia/Conyers Ret Submarket


Property Type:Retail Sub Type:- Status:Existing Year Built:2004
Building Size:17,540 SF Land Area:1.64 AC (71,526 SF)
For Sale Price:$2,300,000 Price/SF:$131.13
Cap Rate:8.00 %
Parking:40 Surface spaces are available; Ratio of 2.28/1,000 SF


•17,000 +/- SF Fully Leased Retail Center
•100% Occupied - New 5 and 10 Year Leases
•CAP Rate 8% on Existing NOI
•12.72% - 10 year Leveraged Return
•Part of the Mall at Stonecrest Master Plan
•Purchase Price: $2,300,000
•Square Foot price:$135.30
•Current NOI: $183,730

Sale Notes:
•100% Occupied - New 5 and 10 Year Leases
•Part of the Mall at Stonecrest Master Plan

Schair & Associates, Inc.
Rick W Schair
(770) 533-9585




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