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7173 Covington Hwy
Lithonia, GA 30058 Southeast DeKalb

$3,100,000 USD

Freestanding For Sale  •  22,000 SF

Property Details

• Property Type Freestanding
• Total Building Size 22,000 SF
• Lot Size 0.95 AC
• Building Class C
• Year Built 1968
• Cap Rate 8.73 %
• Tenancy Multiple
• Zoning M

0 Transit Score

45 Walk Score

Highlights

100% Leased asset totaling 22,000 SF with 18 in-place tenants, delivering immediate and predictable cash flow.

Diverse tenant mix across retail shops and industrial uses, reducing tenant concentration risk.

On Covington Highway with traffic counts of over 28,000 VPD, supporting long-term tenant demand.

Supported by well-established tenants in a dense trade area with 541,949 population.

Opportunity in a growing metro Atlanta corridor with consistent traffic and population growth.

Functional site layout with 160 spaces on a 0.86-acre parcel, enhancing tenant retention.

Cap Rate:

8.73 %

Amenities

• Bus Line
• Pylon Sign
• Restaurant

Public Transportation

Airport	Drive	Walk	Distance
Hartsfield - Jackson Atlanta International	32 min	-	21.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	40
Type:	Surface
Included in Rent:	Yes