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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
Hairston Plaza offers a substantial 53,310-square-foot retail shopping center positioned on approximately 6.6 acres in Stone Mountain, Georgia. The property represents a compelling owner-user or value-add investment with significant vacant space, providing approximately 35,410 square feet for lease-up opportunity. Currently anchored by an established tenant, Citi Trends, and surrounded by multiple complementary users, existing rental income helps offset carrying costs while presenting upside through vacancy absorption.
Strategically situated along the S Hairston Road corridor, the property benefits from excellent exposure across from a Kroger-anchored shopping center and substantial area traffic counts. Zoned C1, this versatile asset supports a wide array of uses including retail, showroom, services, or even adaptive reuse options such as medical or community facilities. Featuring over 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 seeking a repositioning play in a high-density DeKalb County trade area.
Strategically situated along the S Hairston Road corridor, the property benefits from excellent exposure across from a Kroger-anchored shopping center and substantial area traffic counts. Zoned C1, this versatile asset supports a wide array of uses including retail, showroom, services, or even adaptive reuse options such as medical or community facilities. Featuring over 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 seeking a repositioning play in a high-density DeKalb County trade area.
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
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Small space like 800 SF can be $1,600 a month plus utilities, 10,000 SF could be negotiable
| Space | Size | Space Use | Position | Available |
| 1st Floor | 800-10,000 SF | Retail | In-Line | Jun 2026 |
1st Floor
| Size |
| 800-10,000 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Jun 2026 |
1st Floor
| Size | 800-10,000 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Jun 2026 |
Small space like 800 SF can be $1,600 a month plus utilities, 10,000 SF could be negotiable
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
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