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    7173 Covington Hwy Lithonia, GA 30058

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    For Sale
    $3,300,000

    20,000 SF mini mall with 16 stores and 3 booths.

    Property size:
    20,000 SF
    Lot size:
    2.10 Acres

    Property Features for 7173 Covington Hwy

    General Information

    Size
    20,000 SF
    Lot size
    2.10 Acres

    Source: Sands Investment Group (SIG) - Corporate Agent Lasha Kortava

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lithonia Industrial Flex Mini Mall

    The industrial flex space mini mall is located in Lithonia, Georgia, strategically positioned between Donna Lisa Drive and Lithonia Industrial Boulevard, directly on Covington Highway. The 20,000 square foot property is currently 100% occupied with well-established tenants. It features 16 stores and 3 booths, along with 160 parking spaces. The mini mall benefits from significant visibility and exposure, enhanced by large signage that ensures the property and its tenants are easily seen. The location offers convenient access.
    Insight Report Location Intelligence

    Current Use by Public Records

    Alloy Welding Co. Welder FOOD MART CONVENIENCE ... Convenience Store Dels Kitchen Soul ... Restaurant Salon Moodz Beauty Salon Fabuless Nails Nail Salon

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lithonia
    County
    DeKalb
    State
    Georgia
    Longitude
    -84.1267829
    Latitude
    33.7141141

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    FAQs

    What type of property is this?
    Strip mall - 20,000 SF mini mall with 16 stores and 3 booths.
    Where is this strip mall located?
    The property is located at 7173 Covington Hwy Lithonia, GA.
    What is the asking price?
    The asking price for this property is $3,300,000.
    What are key features of this property?
    This property features: - 100% Occupied: Fully leased mini mall with established tenants, providing immediate income.; - Strategic Location: Situated on Covington Highway, between Donna Lisa Drive & Lithonia Industrial Boulevard, offering prime positioning.; - High Visibility: Boasts outstanding visibility and ample exposure on Covington Highway.
    (844) 474-4666
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    7173 Covington Hwy Lithonia, GA 30058
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    Lithonia, GA 30058
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7173 Covington Hwy Lithonia, GA 30058
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