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Shallow Bay Industrial 689 N Stone Mountain Lithonia Rd 13,608 SF 100% Leased Industrial Building Stone Mountain, GA 30088 $1,500,000 ($110.23/SF) 9.77% Cap Rate


Investment Highlights
- Address: 689 & 671 N Stone Mountain Lithonia Rd, Stone Mountain, GA 30088
- MSA: Atlanta
- Zoning: GC & C-1
- Parcel: 18 074 03 031 & 18 074 03 001
- County: Dekalb
- Total SF: ±13,608 SF
Executive Summary
Broker of Record
Maxx Bauman
License # 80041 (GA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Maxx Bauman
License # 80041 (GA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
| Price | $1,500,000 | Lot Size | 0.70 AC |
| Price Per SF | $110.23 | Rentable Building Area | 13,608 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 9.77% | Year Built/Renovated | 1980/1993 |
| Property Type | Industrial | Parking Ratio | 2.94/1,000 SF |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 10 |
| Building Class | C | No. Drive In / Grade-Level Doors | 10 |
| Zoning | C2: GEN CO | ||
| Price | $1,500,000 |
| Price Per SF | $110.23 |
| Sale Type | Investment |
| Cap Rate | 9.77% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.70 AC |
| Rentable Building Area | 13,608 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1980/1993 |
| Parking Ratio | 2.94/1,000 SF |
| No. Dock-High Doors/Loading | 10 |
| No. Drive In / Grade-Level Doors | 10 |
| Zoning | C2: GEN CO |
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Sister To Sister Hair Salon & Hair Team
- Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Sister To Sister Hair Salon & Hair Team | Services | - | - | - |
1 1
Property Taxes
| Parcel Number | 18-074-03-031 | Improvements Assessment | $92,480 |
| Land Assessment | $103,640 | Total Assessment | $196,120 |
Property Taxes
Parcel Number
18-074-03-031
Land Assessment
$103,640
Improvements Assessment
$92,480
Total Assessment
$196,120
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Shallow Bay Industrial | 689 N Stone Mountain Lithonia Rd
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