1171-1181 S Hairston Rd - Supermarket FOR SALE


Stone Mountain, GA 30088
$3,750,000 USD
404-642-0461
1171-1181 S Hairston Rd, Stone Mountain, GA for Sale
$3,750,000 USD
Supermarket - FOR SALE
1/10
null | Request Cap Rate

1171-1181 S Hairston Rd
Stone Mountain, GA 30088


HIGHLIGHTS

  • 53,310-square-foot retail center on 6.6-acre parcel with large parking capacity.
  • Value-add opportunity with significant upside through lease-up of vacant space.
  • Strong visibility along S Hairston Road at a signalized intersection opposite a Kroger center.
  • Zoned C1 with potential for flexible uses including retail, medical, or service-based operations.
  • Positioned within a dense retail corridor serving over 93,000 residents within a 3-mile radius.

OVERVIEW

Hairston Plaza offers a substantial 53,310-square-foot retail shopping center positioned on approximately 6.6 acres in Stone Mountain, Georgia. The property represents a compelling owner-user or value-add investment with significant vacant space, providing approximately 35,410 square feet for lease-up opportunity. Currently anchored by an established tenant, Citi Trends, and surrounded by multiple complementary users, existing rental income helps offset carrying costs while presenting upside through vacancy absorption. Strategically situated along the S Hairston Road corridor, the property benefits from excellent exposure across from a Kroger-anchored shopping center and substantial area traffic counts. Zoned C1, this versatile asset supports a wide array of uses including retail, showroom, services, or even adaptive reuse options such as medical or community facilities. Featuring over 288 on-site parking spaces and a flexible building layout, the property accommodates diverse tenant requirements. Offered at $3,750,000, the center is priced below replacement cost, creating an attractive entry point for investors or owner-users seeking a repositioning play in a high-density DeKalb County trade area.

FOR SALE DETAILS

PRICE

$3,750,000 USD

PRICE/SF

$70 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Hairston Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

288

LAND DETAILS

CROSS STREETS

Redan Rd

LAND ACRES

6.3 AC

LAND SF

274,428 SF

ZONING

C1, County

APN/PARCEL ID

15-224-01-148

ASK ABOUT THIS PROPERTY

Peter ShinPeter Shin, Inc.More Info
404-642-0461

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Peter ShinPeter Shin, Inc.More Info
404-642-0461

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.