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5530 E Ponce De Leon Ave Stone Mountain, GA 30083

For Sale
$5,700,000

51,738 SF industrial office/warehouse in Stone Mountain, GA.

Building Details

Year built
1962

Source: Nancy Miller, CCIM, MBA Agent Nancy Miller, CCIM, MBA

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


Overview

Stone Mountain Industrial Office/Warehouse

This single-tenant industrial office/warehouse is located in the Stone Mountain sub-market. The property encompasses approximately 51,738 square feet. The current net lease rent is $4.40 per square foot. A new TPO roof membrane was installed in 2021. Clean Phase 1 and survey reports are available. The tenant is backed by The Marubeni Corp, an investment-grade company (S&P: BBB). There is potential for a tenant rent increase at renewal, owner/user occupancy, or a new tenant with increased rents to match submarket fair market rates. The surrounding area has a 5-mile population exceeding 237,725. Sub-market rent comparables average $11.51 per square foot, and sold comparables are at $130.21 per square foot.
Insight Report Location Intelligence

Current Use by Public Records

The Parts House Auto Parts Store

Suggested Use

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

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

Similar Places Nearby

Self Storage, Beltmann Group Relocation, Beltmann Moving and Storage

Location Insight

  • Map
  • Local Demand
City
Stone Mountain
County
DeKalb
State
Georgia
Longitude
-84.1924994
Latitude
33.8255571

FAQs

What type of property is this?
Warehouse - 51,738 SF industrial office/warehouse in Stone Mountain, GA.
Where is this warehouse located?
The property is located at 5530 E Ponce De Leon Ave Stone Mountain, GA.
What is the asking price?
The asking price for this property is $5,700,000.
What are key features of this property?
This property features: - Significant upside potential with below-market rent ($4.40 SF) compared to submarket averages (\u00b1 $10 - $11.51 SF).; - Tenant is backed by investment-grade company, The Marubeni Corp (S&P: BBB).; - Rare opportunity in the Stone Mountain sub-market with low vacancy and high population density (237,725 within 5 miles).
More about this property
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