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Modern Retail Strip Center

5248 N Henry Boulevard Stockbridge, GA 30281

5248 N Henry Boulevard, Stockbridge, GA, 30281
$2,100,000
For Sale
$2,100,000

COMMERCIAL - Stockbridge, GA

Property Size10,000 SF
Lot Size1.62 Acres
Price / SF$210
Days on Market95

Property Features for 5248 N Henry Boulevard

General Information

Property type
Commercial Sale
Property subtype
Retail
Parking features
Parking Lot
Standard status
Active
APN
S0701006003
Size
10,000 SF
Lot size
1.62 Acres

Taxes and HOA fees

Tax Year
25
Tax Annual Amount
24365

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Electric
Water source
Public

Building Details

Year built
2003
Building materials
Stucco
Listing agency AC & Associates Real Estate Group
Listed by Angela Cooper · License #250014
Added: Apr 20 Updated: Jun 28 at 11:37AM Checked: Jul 23 at 1:06AM
MLS# 10736959

Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This modern retail strip center totals 10,000 square feet and is configured as multiple storefront spaces. Public remarks indicate stable in-place income, with one space currently remaining available. The offering is listed as back on the market due to the buyer’s financing falling through.

Located at 5248 N Henry Boulevard in Stockbridge, Georgia (Henry County), the property is positioned next along North Henry Boulevard and is described as benefiting from visibility and consistent consumer traffic.

For buyers or owner-users, the presence of an available unit can support an on-site operator while maintaining existing tenancy. The remarks also include projected capitalization rates of 7.6% when self-managed and 6.7% with professional management upon 100% occupancy, as stated in the marketing materials. Overall, the center presents a straightforward retail investment format with a built-in option for tenant diversification and potential operational control through owner occupancy of the remaining space.

Key Highlights

  • Modern 10,000 SF retail strip center on high‑traffic North Henry Boulevard in Stockbridge
  • Back on the market due to buyer financing falling through
  • Built in 2003 with stucco construction

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $219.6k $21.96
− Vacancy −$18.7k −$1.87
EGI $200.9k $20.09
− OpEx −$60.3k −$6.03
NOI $140.7k $14.07
10,000 SF · lease $21.96/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$2.01M
$1.76M – $2.34M (±1% cap)
NOI $140,654 @ 7.0% cap · market cap 6.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.80M
$2.45M – $3.26M (±1% cap)
NOI $195,677 @ 7.0% cap · market cap 9.32%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

The Lash Touch Hair Salon Georgia Army National ... Military Recruiting Office Army National Guard ... Military Recruiting Office COVA Beauty (Bike/Boat/Book/etc) Store Caked By Petite Bakery

Suggested Use

Building Supply Real Estate Agency Parking Lot & Garage HVAC Service Big Box & Wholesale Store Garden Center (Bike/Boat/Book/etc) Store Storage Facility Grocery & Convenience Store Carpet & Flooring Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Strip mall - Modern 10,000 SF strip center with stable in-place income and one available space for an owner-user.
Where is this strip mall located?
The property is located at 5248 N Henry Boulevard Stockbridge, GA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Modern 10,000 SF retail strip center on high‑traffic North Henry Boulevard in Stockbridge; Back on the market due to buyer financing falling through; Built in 2003 with stucco construction
Contact an agent
More about this property
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