414 N Hairston Rd - Freestanding FOR SALE


Stone Mountain, GA 30083
$2,300,000 USD
770-992-5112
414 N Hairston Rd, Stone Mountain, GA for Sale
$2,300,000 USD
Freestanding - FOR SALE
1/55
null | 6.1% Cap Rate

414 N Hairston Rd
Stone Mountain, GA 30083


HIGHLIGHTS

  • 15,000 SF building with 13 units on 1.84 acres
  • Monument Sign
  • High traffic Intersection
  • New Roof in July 2021
  • Large Parking Lot

OVERVIEW

Introducing an exceptional retail strip center investment opportunity in Stone Mountain, GA: 414 N Hairston Rd. This impressive property features a 15,000 SF building housing 13 units on 1.84 acres, built in 1988 and currently boasting a 90%+ occupancy rate. Zoned Neighborhood Shopping (NS), this prime location offers 50 parking spaces, a prominent monument sign, and benefits from a well positioned signalized intersection with traffic counts of 29,000 on N Hairston, and 16,600 on Rockbridge (GDOT). There is two entry points for easy ingress and egress. The estimated NOI is $140,334 with one current vacancy. Reach out to Jacob Bower or Derek Creviston to learn more.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$153 USD /SF

CAP RATE

6.1%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

PRICE IMPROVEMENT Hairston Commons

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.84 AC

LAND SF

80,150 SF

ZONING

NS, County

APN/PARCEL ID

18-040-02-007

ASK ABOUT THIS PROPERTY

Jake CrevistonSVN Creviston RealtyMore Info
770-992-5112

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Jake CrevistonSVN Creviston RealtyMore Info
770-992-5112

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