NNN Retail
For Sale
$1,250,000
5099 Memorial Dr, Stone Mountain, GA 30083
NNN retail property available for sale or lease, with potential tenant improvement or build-to-suite support for a national credit tenant.
Property Size3,355 SF
Days on Market122
Property Features for 5099 Memorial Dr
General Information
Standard status
Active
Size
3,355 SF
Property subtype
Retail
Lease Type
NNN
Building Details
Building Size
3,355 SF
Year Built
1987
Listing Agency:
Rise Property Group
Listed By:
Jason Chaliff · License #342994
(404) 483-4477
Source:
Commercialcafe
Added: Jun 22
Changed: Oct 19
Last Checked: Oct 20 at 5:47PM
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 Rise Property Group
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Investment Insights
Based on property information with market context.
Available for sale or lease, this NNN retail building offers approximately 3,355 square feet of space at 5099 Memorial Drive, Stone Mountain, GA 30083. The offering includes a lease structure with NNN master policy and building and liability coverage estimated at approximately $5,500 per year, along with real estate taxes estimated at approximately $11,000 per year.
The landlord is open to providing tenant improvement dollars or build-to-suite dollars for a national credit tenant, depending on final deal terms. This flexibility can be helpful for qualified occupants looking to tailor the space to their requirements within the NNN framework.
The landlord is open to providing tenant improvement dollars or build-to-suite dollars for a national credit tenant, depending on final deal terms. This flexibility can be helpful for qualified occupants looking to tailor the space to their requirements within the NNN framework.
Key Highlights
- 1987‑built NNN retail property available for sale or lease
- Sale price: $1,250,000; lease rate: $7,000/month NNN
- Estimated real estate taxes: approx. $11,000/yr
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,189
Cap Rate
3.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$943,780
$943.8K
Cap Rate 7%
$674,129
$674.1K
Cap Rate 9%
$524,322
$524.3K
Market Conditions
NOI Build-Up for 3,355 SF
Gross rent
$73.7K $21.96/SF
− Vacancy
−$6.3K −$1.87/SF
EGI
$67.4K $20.09/SF
− OpEx
−$20.2K −$6.03/SF
NOI
$47.2K $14.07/SF
Area
DeKalb County, GA
Vacancy
8.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$943,780
Cap Rate 7%
$674,129
Cap Rate 9%
$524,322
Alternative Uses
Best Use
Retail
$674.1K
$589.9K – $786.5K
NOI $47,189 @ 7.0% cap · market cap 3.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$937.9K
$820.6K – $1.09M
NOI $65,650 @ 7.0% cap · market cap 5.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
950
Businesses Nearby
112k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 61%
Dining 24%
Shops & Services 13%
Hotels & Casinos 2%
Ross Dress for Less
Apparel
27,476 visits/mo
0.4 miles
Burlington
Apparel
22,060 visits/mo
0.1 miles
Popeyes Louisiana Kitchen
Dining
14,951 visits/mo
0.1 miles
Taco Bell
Dining
9,875 visits/mo
0.3 miles
AutoZone
Shops & Services
5,610 visits/mo
0.1 miles
Demographics for 30083, GA
58,064
Population
24,282
Households
2.4
Avg Household Size
35
Median Age
25%
College-Educated
85%
High-School Grad
17.9 sq mi
ZIP Area
3,244
Density / Sq Mi
$54,162
Median Household Income
$33,586
Median Earnings
$1,356
Median Rent
$221,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - NNN retail property available for sale or lease, with potential tenant improvement or build-to-suite support for a national credit tenant.
Where is this retail space located?
The property is located at 5099 Memorial Dr Stone Mountain, GA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 1987‑built NNN retail property available for sale or lease; Sale price: $1,250,000; lease rate: $7,000/month NNN; Estimated real estate taxes: approx. $11,000/yr
