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Freestanding TGI Fridays Restaurant
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2871 Stonecrest Cir, Lithonia, GA 30038

Freestanding restaurant with an absolute NNN lease commencing at closing and a 20-year primary term.

Property Size8,448 SF
Lot Size2.20 Acres
Days on Market145

Property Features for 2871 Stonecrest Cir

General Information

Standard status Active
Size 8,448 SF
Lot size 2.20 Acres
Property subtype Retail

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Buildings 1
Tenancy Single
Listing Agency: CBRE - Atlanta
Listed By: Chris Bosworth · License #GA 248342
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 29 at 3:26PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Atlanta

Investment Insights

Based on property information with market context.

This 8,448-square-foot freestanding restaurant occupies 2.20 acres at 2871 Stonecrest Cir in Lithonia, Georgia. The property is leased to TGI Fridays under an absolute NNN structure beginning at closing, with a 20-year primary term, 10% rent escalations every 5 years, and five 5-year renewal options. The lease terms provide a defined operating and renewal framework for the asset.

The restaurant is positioned as an outparcel to the 1.2 MSF Mall at Stonecrest and sits near the signalized intersection of Turner Hill Road and I-20. Reported traffic counts are 36,600 VPD on Turner Hill Road and 122,000 VPD on I-20. Mall anchors include Dillard’s, JCPenney, and Macy’s, with additional nearby retail, restaurant, hotel, office, industrial, and multifamily uses. The property is approximately 20 miles east of Atlanta’s CBD and lies within Lithonia’s primary retail and commercial corridor.

Key Highlights

  • 8,448‑square‑foot freestanding restaurant on 2.20 acres
  • Absolute NNN lease commencing at closing with a 20‑year primary term
  • 10% rent escalations every 5 years and five 5‑year renewal options

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Electrical Service HVAC Service Building Supply (Bike/Boat/Book/etc) Store Veterinary Clinic Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

984
Businesses Nearby
Well-served
Demand for This Use

Demographics for 30038, GA

43,683
Population
17,061
Households
2.6
Avg Household Size
36
Median Age
33%
College-Educated
92%
High-School Grad
28.8 sq mi
ZIP Area
1,517
Density / Sq Mi
$70,860
Median Household Income
$41,153
Median Earnings
$1,535
Median Rent
$234,900
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Similar Off Market Nearby

  • Exotic Tropical Eats 8109 Mall Pkwy, Stonecrest, GA 30038

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Freestanding restaurant with an absolute NNN lease commencing at closing and a 20-year primary term.
Where is this conventional restaurant located?
The property is located at 2871 Stonecrest Cir Lithonia, GA.
What are key features of this property?
This property features: 8,448‑square‑foot freestanding restaurant on 2.20 acres; Absolute NNN lease commencing at closing with a 20‑year primary term; 10% rent escalations every 5 years and five 5‑year renewal options
(404) 504-7893 Call to check price and availability
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