2657 Panola Rd - Freestanding FOR SALE


Lithonia, GA 30058- Southeast DeKalb
$2,100,000 USD
831-247-1175
2657 Panola Rd, Lithonia, GA for Sale
$2,100,000 USD
Freestanding - FOR SALE
1/3
null | 7.25% Cap Rate

2657 Panola Rd
Lithonia, GA 30058
Southeast DeKalb


HIGHLIGHTS

  • Long–Term Net Lease to Harold’s Chicken & Ice Bar
  • Large Parcel with Low Rent Structure at $1.82/SF with Future Redevelopment Upside
  • Less than 1.5 Miles from Emory Hillandale Hospital (Part of Emory Healthcare)
  • Convenient Location Along Panola Road (27,600 ADT)
  • 18 Miles from Hartsfield–Jackson International Airport, the Busiest in the World

OVERVIEW

Fisher James Capital is pleased to present Harold’s Chicken & Ice Bar, a rare net lease investment located in Lithonia, GA, just 15 miles from Downtown Atlanta. The property features a long-term lease with 3% annual increases, providing consistent rent growth and a natural hedge against inflation. Harold’s, a well-established brand with strong regional recognition, combines its legendary fried chicken with an elevated dining and nightlife experience, driving steady consumer demand. The ±6,764 SF building sits on a large 1.1-acre parcel with a low rent structure and future redevelopment potential. Strategically positioned along Panola Road between I-20 and US-278, the site benefits from excellent visibility, high traffic counts, and close proximity to major demand drivers including Emory Hillandale Hospital and Hartsfield-Jackson International Airport.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$310 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Harold's Chicken & Ice Bar

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

1.12 AC

LAND SF

48,787 SF

ZONING

C-1

APN/PARCEL ID

16-040-01-001

ASK ABOUT THIS PROPERTY

Benjamin OwFisher James CapitalMore Info
831-247-1175

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Benjamin OwFisher James CapitalMore Info
831-247-1175

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