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Hairston Plaza 1171-1181 S Hairston Rd 53,310 SF Retail Building Stone Mountain, GA 30088 $3,750,000 ($70.34/SF)
Investment Highlights
- 53,310-square-foot retail center on 6.6-acre parcel with large parking capacity.
- Strong visibility along S Hairston Road at a signalized intersection opposite a Kroger center.
- Positioned within a dense retail corridor serving over 93,000 residents within a 3-mile radius.
- Value-add opportunity with significant upside through lease-up of vacant space.
- Zoned C1 with potential for flexible uses including retail, medical, or service-based operations.
Executive Summary
53,310-square-foot retail shopping center. Owner-user or value-add investment. 35,410 square feet for owner use or to lease-up. Citi Trends is an anche tenant. Excellent exposure across from a Kroger-anchored shopping center. 288 on-site parking spaces and a flexible building layout, the property accommodates diverse tenant requirements. Offered at $3,750,000, the center is priced below replacement cost, creating an attractive entry point for investors or owner-users.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Supermarket
Building Size
53,310 SF
Building Class
B
Year Built
1973
Price
$3,750,000
Price Per SF
$70.34
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
6.30 AC
Zoning
C1, County - Commercial/Business
Parking
288 Spaces (5.4 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 15-224-01-148 | Improvements Assessment | $1,809,520 |
| Land Assessment | $250,800 | Total Assessment | $2,060,320 |
Property Taxes
Parcel Number
15-224-01-148
Land Assessment
$250,800
Improvements Assessment
$1,809,520
Total Assessment
$2,060,320
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Hairston Plaza | 1171-1181 S Hairston Rd