For Sale
$3,450,000

3480 Mount Zion RdStockbridge, GA 30281

High-growth area, re-tenant/redevelop opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 20,087 square foot retail storefront in Stockbridge, GA (Atlanta MSA), presents a compelling re-tenanting or redevelopment opportunity. Located at 3480 Mt Zion Rd, this single-story, 2001-built property sits on a substantial 2.42-acre lot zoned for General Business District use. Currently 100% occupied with a lease expiring November 2024, the property offers a 6.53% cap rate and a strong NOI of $225,599. The asking price is $3,450,000 ($171.75/sq ft). Its prime location boasts high visibility and accessibility, fronting Mt Zion Rd (13,260+ VPD) and adjacent to Lake Spivey Parkway (28,500+ VPD), with close proximity to I-75 (133,000+ VPD) and I-675 (60,000+ VPD). The surrounding area features recently completed residential developments adding 600+ units, indicating strong potential for future growth. This property offers significant residual value due to its size, flexible zoning, and strategic location within a dense retail corridor, serving a population of 133,000+ within a 5-mile radius with an average household income exceeding $74,000. The property's flexible zoning allows for a multitude of uses, ensuring resilience and adaptability in the dynamic commercial landscape. This is a rare chance to acquire a high-potential retail asset in a thriving market.

Highlights

  • Redevelopment or reletting opportunity; lease expires November 2024.
  • High-growth area with recent residential development completions.
  • Excellent visibility: Mount Zion Road frontage, adjacent to Lake Spivey Parkway, near I-75 & I-675 (235,000+ VPD).
  • 20,087 SF building with flexible zoning and strong residual value.
  • Prime retail location in a dense primary retail corridor.
  • Dense population: 133,000+ people within a 5-mile radius, average household income exceeding $74,000.

Property Details for 3480 Mount Zion Rd

Property type
Retail properties, Retail space
Square Feet
20,087 SF
Year Built
2001
Buildings
1
Stories
1
Lot Size (sq. ft)
105,415 SF

Location Insight

City
Stockbridge
County
Clayton
State
Georgia
Latitude
33.55094687
Longitude
-84.27587955
3480 Mount Zion Rd, Stockbridge, Georgia

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3480 Mount Zion Rd
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