2871 Stonecrest Cir
Lithonia, GA 30038
TGI Fridays: Lithonia, GA (Atlanta MSA) · Retail Property For Sale

The CBRE Net Lease Property Group is pleased to exclusively offer an 8,448-square-foot freestanding TGI Fridays situated on 2.20 acres in Lithonia, Georgia—a component of the Atlanta metropolitan area (MSA Population: 5.8M). TGI Friday’s absolute NNN lease will commence at closing and feature 20 years of primary term with 10% rent escalations every 5 years throughout the initial term and in each of the five 5-year renewal options. The property is ideally located as an outparcel to the Mall at Stonecrest, which has excellent access and visibility on the signalized corner of Turner Hill Road (Traffic Count: 36,600 VPD) and I-20 (Traffic Count: 122,000 VPD), which is the main thoroughfare connecting Lithonia to Atlanta’s CBD (20 miles to the west). TGI Fridays is strategically located within Lithonia’s primary retail and commercial corridor which encompasses 3.7 MSF of retail, 451,342-square-feet of office, 6.3 MSF of industrial and 4,217 multifamily units within a 3-mile radius. The 1.2 MSF Mall at Stonecrest is directly across the street from TGI Fridays and is anchored by Dillard’s, JCPenney and Macy’s. The site benefits from its location adjacent to Ashley HomeStore, Men’s Wearhouse, Mattress Firm, Verizon Wireless, AT&T, Steak ‘n Shake, Applebee’s, Chili’s and IHOP. Additional outparcels include Rooms To Go Furniture, Havertys Furniture, American Signature Furniture, Direct Furniture Corp, Big Lots, Petco, Staples, Marshalls, DSW, Ross Dress For Less, Plato’s Closet, Jared, Dollar Tree, Olive Garden, Chick-fil-A and Taco Bell, among many others. TGI Fridays also benefits from its proximity to several hotels including Hilton Garden Inn (110 rooms), Fairfield Inn & Suites (85 rooms) and Holiday Inn Express (71 rooms), all of which provide it with a large built-in customer base. Additional retailers within the immediate vicinity include Walmart Supercenter, Sam’s Club, Burlington, Bed Bath & Beyond, Rite Aid, Edible Arrangements, Panera Bread, Bojangles, Zaxby’s and McDonald’s, among many others. Furthermore, TGI Fridays enjoys dynamic demographics with a population of 33,307 and an average household income of $66,105 in a 3-mile radius.