NNN Retail
5099 Memorial Drive Stone Mountain, GA 30083
5099 Memorial Drive, Stone Mountain, GA, 30083
Contact for pricing
For Sale
Contact for pricing
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
Price / SF$372.58
Days on Market35
Property Features for 5099 Memorial Drive
General Information
- Standard status
- Active
- Size
- 3,355 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1987
Listing agency
Rise Property Group
(404) 483-4477
Listed by
Caden Herring · License #415246
Source
Crexi
Added: Jun 18 Updated: Jul 21 at 11:40PM Checked: Jul 21 at 11:40PM
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
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
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 | $73.7k | $21.96 |
| − Vacancy | −$6.3k | −$1.87 |
| EGI | $67.4k | $20.09 |
| − OpEx | −$20.2k | −$6.03 |
| NOI | $47.2k | $14.07 |
3,355 SF · lease $21.96/SF/yr · vacancy 8.50% · expense 30.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
The Original Pancake House
Restaurant
I Heart Pie
Restaurant
Similar For Sale Nearby
FAQs
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 Drive 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
