2945 Stonecrest Cir - Restaurant FOR SALE


Lithonia, GA 30038- Southeast DeKalb
$4,893,456 USD
954-302-7365
2945 Stonecrest Cir, Lithonia, GA for Sale
$4,893,456 USD
Restaurant - FOR SALE
1/10
null | 6.25% Cap Rate

2945 Stonecrest Cir
Lithonia, GA 30038
Southeast DeKalb


HIGHLIGHTS

  • Corporate Signed Lease | Options To Extend | Scheduled Rental Increases
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • The Mall at Stonecrest | Stonecrest Marketplace
  • Signalized, Hard Corner Intersection | Excellent Visibility & Access
  • Strong Demographics In 5-mile Trade Area

OVERVIEW

• Applebee’s corporate signed lease • 6+ years remaining with 6 (5-year) option periods to extend, demonstrating the tenant’s commitment to the site • The lease features 1% annual increases throughout the initial term and option periods

FOR SALE DETAILS

PRICE

$4,893,456 USD

PRICE/SF

$925 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Applebee's - Atlanta (Lithonia) GA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

90

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

C1

APN/PARCEL ID

16-170-01-039

ASK ABOUT THIS PROPERTY

Patrick NuttSRS Real Estate PartnersMore Info
954-302-7365

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

Patrick NuttSRS Real Estate PartnersMore Info
954-302-7365

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