4977 Memorial Drive

Stone Mountain, GA

Retail for Sale - $399,000

Bull Realty, Inc.

Print   |   Report Error   |   Email Listing

Agent Info

NameMichael Bull, CCIM
CompanyBull Realty, Inc.

Property Info

CIMLS #969954
Location4977 Memorial Drive
Stone Mountain GA 30083
Last UpdatedDecember 15th, 2017
TypeRetail
Price$399,000

Contact


Property Description

Bull Realty is pleased to present this single tenant NNN lease offering in Stone Mountain, Georgia (Atlanta MSA). The tenant, a local restaurant, is on a 36 month lease expiring December 31, 2019. They have one 3-year renewal option with a 20% rent increase. The Landlord recently replaced two HVAC units and installed a new roof.

The property is located on heavily commercial Memorial Drive, just outside I-285 and less than 1 mile from Georgia Piedmont Technical College and 11 miles from Stone Mountain Park. Nearby 2016 traffic counts on Memorial Drive averaged 37,000 vehicles per day.

NOTE: This property is also know as 4995 Memorial Drive per the Dekalb County Property Assessor.

Location Description:

Located on heavily commercial Memorial Drive just outside I-285, Georgia Piedmont Technical College is less than a mile away. Nearby 2016 traffic counts on Memorial Drive averaged 37,000 vehicles per day.

Highlights:

>> NNN lease with initial term expiring 12/31/19

>> One 3-year option with a 20% rent increase

>> HVAC and roof recently replaced

>> Located in a heavily commercial area with 2016 traffic counts of 37,000 AVPD

>> Also know as 4995 Memorial Drive per the Dekalb County Property Assessor

* Email for additional photos


Similar Listings