For Sale
$3,450,000

3480 Mount Zion Rd Stockbridge, GA 30281

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

Overview

Added:
Dec 11, 2024
Days on market:
136
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

FAQs

What type of property is this?
Retail property - High-growth area, re-tenant/redevelop opportunity.
Where is the retail property located?
The property is located at 3480 Mount Zion Rd Stockbridge, GA.
What is the asking price?
The asking price for this property is $3,450,000.
What are key features of this property?
This property features: 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).
How can I contact the broker?
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3480 Mount Zion Rd
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