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Memorial Dr. @ W Mountain St. Built in 1854 and renovated in 1989, this historical residence has a restaurant reception hall attached. This restaurant/banquet hall is located in a residential area close to popular Stone Mountain Park. This property features a beautiful driveway and landscape, plenty of parking space, huge industrial kitchen, and wood flooring. Ready to go! 6,000 Sq. Ft. building. $499,000. Lease $3,750.OWNER FINANCING - NO CREDIT AND BAD CREDIT ACCEPTED - CALL FOR MORE INFORMATION 404-420-1313
2,000 sf office, Dekalb County, Built in 2002, Zoned C1, Vacant, FF&E Included; 30 surfaces spaces on lot; Bar and Patio space.
The subject consists of a 3.0962-acre tract that is improved with a 17,070 SF auto dealership. It is comprised of a sale and showroom area, parts department, waiting room and service department. The building was constructed in 1989 and is in good condition. The location provides good exposure to a well-established commercial district. A great location for a New and Used Car Dealership with Parts and Service Department.
Retail, Mixed Use
Pine Lake Plaza is an upside opportunity of an approximately 17,000 square foot unanchored retail center, located on +/- 2.76 acres. It is located in the Pine Lake/Stone Mountain area of Atlanta, Georgia. The property is offered at below replacement costs with current rental rates averaging $9.38 per square foot, including CAM, thus providing an investor upside potential with increasing rents and quality management. Pine Lake Plaza is well positioned above street level and is across from Pine Lake city limits, one of the most eclectic cities in the state. The center sits between the local post office and a new Family Dollar that was constructed next door in mid 2014, which speaks to investor confidence in the area’s growth and stability. The center itself has been leased and managed by the owner, and many of the tenants have called Pine Lake home for well over a decade. Due to its excellent visibility, access, and location, Pine Lake Plaza is considered a community centerpiece, and one can always find the center bustling with local residents, whether it is to purchase specialty groceries during the week, or to brings the family dog to an event at Patty’s Grooming on a Sunday afternoon. This center bring the community together. For more information, please contact John Harrison or Daniel Forkner.
2461 SF Retail Buidling for sale with next door lot.
*** Price Reduced $250,000 *** Hairston Square Shopping Center is a 74% leased, 53,330 square foot shopping center, located in the Stone Mountain area of Atlanta. The property is being offered at only $35/SF, which is a 10.93% CAP on the current income, with upside by leasing to achieve a 18% + CAP on stabilized income. The property was built in 1973, with renovations taking place over the years, and it is situated on 7.56 acres. The property is anchored by Citi Trends, Dollar General (tenant since 2000), and Karma Special Events. There is a good mix of smaller retail suites, leased to 8 tenants, with 8 remaining suites ready to be leased. The upside is with leasing the remaining 13,900 square feet. By leasing the remaining suites, the value increases somewhere between $1.5mm to $2mm, once you capitalize that increase in the income. This is the main retail area in the community, with a Kroger anchored center across the street, and a Family Dollar anchored center on the other corner. Other national retailers include Walgreens, Wells Fargo, McDonalds, Wendy's, Popeye's, etc. The area is also densely populated, with 87,000 people within 3 miles.
Property is masonry and steel span building, 14,000 sq ft, with most of the interior finished for a skating rink facility. Could be used for most any type of sports facility. Building also has a small office area, bath facilities for both men and women, a viewing section, concessions area and a skate service area. The parking area has 48 open spaces with 2 spaces allocated to handicap use. Zoned C-1.
The subject property is a freestanding corporately guaranteed Jiffy Lube located in Stone Mountain, GA, approximately 20 miles northeast of Atlanta. The current guarantor of the Lease, Jiffy Lube International, Inc., signed a NNN Lease that expires on September 30, 2021. The Lease contains a 4.8% rental increase in October 2016 with no further options to extend. Jiffy Lube International, Inc. (JLI) has more than 2,000 franchised service centers in North America and Jiffy Lube franchisees serve approximately 22 million customers each year. Jiffy Lube is the largest system of franchised service centers in North America and is consistently ranked as one of the top franchising opportunities for entrepreneurs. Jiffy Lube International is a subsidiary of Shell Oil Company.