Stone Mountain 15,000SF Retail Strip Center- Fully Leased

414 N Hairston Rd Stone Mountain, GA 30083

414 N Hairston Rd, Stone Mountain, GA, 30083
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FOR SALE
Property Type:
Strip Center
Amount:
$2,600,000
Last Verified:
Apr 02, 2025

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Highlights

  • 15,000 SF building with 14 units
  • NOI of $157,000
  • Built 1988
  • Zoning Neighborhood Shopping (NS)
  • 50 Parking Spaces
  • Monument Sign
  • Large Signalized Intersection
  • 29,000 Cars per Day (GDOT)
  • 90% Leased

Description

Introducing an exceptional investment opportunity in Stone Mountain, GA: 414 N Hairston Rd. This impressive property features a 15,000 SF building housing 14 units, built in 1988 and currently boasting a 90%+ occupancy rate. Zoned Neighborhood Shopping (NS), this prime location offers 50 parking spaces, a prominent monument sign, and benefits from a strategically positioned signalized intersection with traffic counts of 29,000 on N Hairston, and 16,600 on Rockbridge (GDOT). With 90% of its units already leased, this retail/strip center property presents a compelling opportunity for investors seeking a high-performing asset with strong tenant demand.

Located at the intersection of Rockbridge Road and 414 North Hairston Road, this property is only 2.5 miles away from Stone Mountain. Its right across the street from the Rockbridge Crossing Shopping Center and an Advance Auto Parts. North Hairston road sees about 29,000 cars a day, and Rockbridge road sees about 16,600 at this intersection, according to GDOT. The site has two easy and accessibly points of ingress and egress.


Year Built: 1988
Building Size: 15000sq ft
Building Class: C
Lot Size: 1.84 acres

Map of 414 N Hairston Rd, Stone Mountain, GA, 30083

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
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