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1825 Rockbridge RdStone Mountain, GA 30087

Walmart-Shadowed Retail Center, Atlanta MSA

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional Class A, 135,865 square foot shopping center in Stone Mountain, GA (Atlanta MSA) presents a compelling investment opportunity. The property boasts a 94% occupancy rate across 19 tenants in 22 units, anchored by a high-traffic Walmart Supercenter. Built in 1988 with renovations in 2006 and 2020, the three, single-story buildings sit on a 14.1-acre lot with 771 parking spaces. The center features a strong mix of national and regional tenants, including Harbor Freight, Conn's, NCG Cinema, and others, contributing to an attractive weighted average lease term of 6.69 years. Its strategic location at a highly trafficked intersection (over 80,000 vehicles per day) on Rockbridge Rd SW, between US-78 and Stone Mountain Park (4 million annual visitors), provides exceptional visibility and accessibility. The property benefits from strong economic drivers, including a nearby Amazon fulfillment center and a proposed Costco. The C-2 zoning allows for a variety of uses, making this a stable, core investment in a high-growth area of the Atlanta metro area. The property's location within the dominant retail node of Stone Mountain serves a large Gwinnett County trade area, further enhancing its investment potential. This is a rare opportunity to acquire a well-positioned, high-performing retail center with a proven track record of success. The property's APN is R6060 089.

Highlights

  • Class A, 135,865 SF shopping center in Stone Mountain, GA (Atlanta MSA), 94% occupied.
  • Shadow-anchored by a Walmart Supercenter, with a strong tenant mix including national brands.
  • Stable rent roll with a 6.69-year weighted average lease term (WALT).
  • High-traffic location with excellent visibility and access.
  • Located in a high-growth area with strong economic drivers, including a nearby Amazon fulfillment center and proposed Costco.

Property Details for 1825 Rockbridge Rd

Property type
Lifestyle centers, Power centers
Square Feet
135,865 SF
Class
A
Year Built
1988
Buildings
3
Stories
1
Lot Size (sq. ft)
614,196 SF
Units
22

Location Insight

City
Stone Mountain
County
Gwinnett
State
Georgia
Latitude
33.8237472
Longitude
-84.1265616
1825 Rockbridge Rd, Stone Mountain, Georgia

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1825 Rockbridge Rd
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