7301 Stonecrest ConcourseStonecrest, GA 30038

Property Details for 7301 Stonecrest Concourse

Year built

2002

Lot size

4.28 AC

Property size (Sq ft)

37,900 SF

Zone code

X

Property type

Retail properties

Property subtype

Strip malls

APN

16 170 01 028

APU

1617001028

Description

This exceptional retail strip center, Stonecrest Village, offers a prime investment opportunity in the thriving Lithonia, Georgia market. Located at 7301 Stonecrest Concourse, zip code 30038, this property boasts a total of 37,730 square feet of retail space. Currently, there is 3,600 square feet of vacant space available, perfect for a variety of retail uses. The center enjoys a highly desirable location, conveniently situated off I-20 and adjacent to the bustling Stonecrest Mall, ensuring high visibility and significant foot traffic. The property is classified as a multi-tenant retail strip center in DeKalb County. This strategic location provides excellent access to a large customer base and offers significant potential for growth and return on investment. The available space presents a unique chance to establish or expand a business within a well-established and thriving retail environment. The property's proximity to major transportation arteries and a regional shopping mall makes it an attractive proposition for businesses seeking high visibility and accessibility. Detailed property information and lease terms are available upon request. Don't miss this opportunity to secure a prime retail space in a high-growth area.

• CAP approach

  CAP return

  Valuation

  6%

  $11,970,716

  6.5%

  $11,049,892

  7%

  $10,260,614

• Comparable approach

  Method

  Valuation

  Relative Method

  $18,629,790

  Geo Method

  $18,629,790

• Alternative Use

  Use

  Valuation

  Residential

  $9,320,997

  Hospitality

  $8,537,983

  Educational

  $7,103,502

  Medical

  $7,347,802

  Retail

  $11,049,892

Location Insight

City

Lithonia

County

Dekalb

State

Georgia

Latitude

33.6953

Longitude

-84.0931

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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