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Shopping Strip

Stonecrest Village Shops

7301 Stonecrest Concourse, Stonecrest, GA 30038

Listing Price: $7,989,000

Cap Rate
7.60%
Gross SF
37,730
Rentable SF
37,730
Price/Gross SF
$211.74
Lot Size
4.28 acres
Year Built
2002

Investment Overview

Marcus & Millichap is pleased to present for sale Stonecrest Village Shops. 100 percent leased to a diverse tenant profile, Stonecrest Village Shops is adjacent to The Mall at Stonecrest in Lithonia, Georgia. Lithonia is located in eastern DeKalb County, Georgia, part of the Atlanta metropolitan area. Lithonia is in the heart of the Georgian granite-quarrying and viewing region and is one of the gateways to the Arabia Mountain National Heritage Area.

Investment Highlights

  • 100 Percent Leased to Diverse Tenant Profile - Triple-Net Leases with Rent Increases
  • Leased to National Tenants: Plato's Closet, DaVita, and H&R Block
  • Dense Retail Corridor Location Adjacent to The Mall at Stonecrest and Surrounded by National Tenants: Walmart, Burlington, Marshalls, Ashley HomeStore, and More
  • The Mall at Stonecrest is a Super Regional Shopping Mall Serving DeKalb County
  • 102,408 Residents Within a Five-Mile Radius - Atlanta MSA
  • Situated Immediately Off the I-20 Freeway / East Expressway (Over 138,000 Cars per Day), Offering a Direct Route to Downtown Atlanta
  • Households and Population Projected to Increase 6 Percent in the Immediate Area by 2028

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Financing By

Shopping Strip

Stonecrest Village Shops

Listing Price: $7,989,000

Cap Rate
7.60%
Gross SF
37,730
Rentable SF
37,730
Price/Gross SF
$211.74
Lot Size
4.28 acres
Year Built
2002

Investment Highlights

  • 100 Percent Leased to Diverse Tenant Profile - Triple-Net Leases with Rent Increases
  • Leased to National Tenants: Plato's Closet, DaVita, and H&R Block
  • Dense Retail Corridor Location Adjacent to The Mall at Stonecrest and Surrounded by National Tenants: Walmart, Burlington, Marshalls, Ashley HomeStore, and More
  • The Mall at Stonecrest is a Super Regional Shopping Mall Serving DeKalb County
  • 102,408 Residents Within a Five-Mile Radius - Atlanta MSA
  • Situated Immediately Off the I-20 Freeway / East Expressway (Over 138,000 Cars per Day), Offering a Direct Route to Downtown Atlanta
  • Households and Population Projected to Increase 6 Percent in the Immediate Area by 2028

Investment Overview

Marcus & Millichap is pleased to present for sale Stonecrest Village Shops. 100 percent leased to a diverse tenant profile, Stonecrest Village Shops is adjacent to The Mall at Stonecrest in Lithonia, Georgia. Lithonia is located in eastern DeKalb County, Georgia, part of the Atlanta metropolitan area. Lithonia is in the heart of the Georgian granite-quarrying and viewing region and is one of the gateways to the Arabia Mountain National Heritage Area.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

Financing By

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