5950 Hugh Howell Rd - Freestanding FOR SALE


Stone Mountain, GA 30087
$1,190,000 USD
5950 Hugh Howell Rd, Stone Mountain, GA for Sale
$1,190,000 USD
Freestanding - FOR SALE
1/8
null | 6.7% Cap Rate

5950 Hugh Howell Rd
Stone Mountain, GA 30087


HIGHLIGHTS

  • NOI Growth: Stabilizing to market rates ($20.27/SF) yields a 28.7% upside.
  • Asset Appreciation: Submarket value is forecasted to reach $240/SF by 2030.
  • Enclave Security: Strategic location in the Smoke Rise community ensures high barriers to entry and long-term demand.

OVERVIEW

28.7% NOI Upside: Subject property features rents significantly below submarket averages, providing a clear path to immediate value-add stabilization. 100% Occupancy | NNN Leases: A stabilized, diversified neighborhood center with a historically high retention rate and "hands-off" management structure. Elite Smoke Rise Demographics: Ideally situated within an affluent enclave boasting a $184,128 Average HH Income and a $503,390 Median Home Value.

FOR SALE DETAILS

PRICE

$1,190,000 USD

PRICE/SF

$229 USD /SF

CAP RATE

6.7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.95 AC

LAND SF

41,382 SF

ZONING

NS

APN/PARCEL ID

18-174-02-044

ASK ABOUT THIS PROPERTY

Jon KontopidisApex Asset ManagementMore Info

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Jon KontopidisApex Asset ManagementMore Info

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