Modern Retail Strip
For Sale
$1,899,999
5248 N Henry Blvd, Stockbridge, GA 30281
10,000 SF retail strip center with stable in-place income and one suite available on a high-traffic boulevard in Stockbridge.
Property Size10,000 SF
Price / SF$189
Days on Market93
Property Features for 5248 N Henry Blvd
General Information
Standard status
Active
Size
10,000 SF
Building Details
Year Built
2003
Listing Agency:
AC & Associates Real Estate Group
Listed By:
Angela Cooper · License #250014
(404) 281-3818
Source:
Harmonandharmon
Added: Jul 20
Changed: Oct 3
Last Checked: Oct 7 at 1:48PM
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 AC & Associates Real Estate Group
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Investment Insights
Based on property information with market context.
Back on the market due to buyer financing falling through, this modern 10,000 SF retail strip center is offered for sale with stable in-place income. The property features one suite remaining, creating a fit for an owner-operator looking to occupy while supporting overall performance.
Located at 5248 N Henry Blvd in Stockbridge, the center benefits from visibility and consistent consumer traffic along a high-traffic North Henry Boulevard. The offering is presented with projected performance metrics comparing self-management versus professional management assuming 100% occupancy, including a 7.6% cap rate when self-managed and a 6.7% cap rate with professional management.
If you’re evaluating a retail investment with current occupancy and room to improve through leasing, this asset’s remaining vacancy and owner-operator upside are central parts of the story.
Located at 5248 N Henry Blvd in Stockbridge, the center benefits from visibility and consistent consumer traffic along a high-traffic North Henry Boulevard. The offering is presented with projected performance metrics comparing self-management versus professional management assuming 100% occupancy, including a 7.6% cap rate when self-managed and a 6.7% cap rate with professional management.
If you’re evaluating a retail investment with current occupancy and room to improve through leasing, this asset’s remaining vacancy and owner-operator upside are central parts of the story.
Key Highlights
- Modern 10,000 SF retail strip center with stable in‑place income in Stockbridge
- One suite remaining, creating space for an owner‑user to occupy while increasing overall returns
- Located on high‑traffic North Henry Boulevard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$140,654
Cap Rate
7.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,813,080
$2.8M
Cap Rate 7%
$2,009,343
$2.0M
Cap Rate 9%
$1,562,822
$1.6M
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$219.6K $21.96/SF
− Vacancy
−$18.7K −$1.87/SF
EGI
$200.9K $20.09/SF
− OpEx
−$60.3K −$6.03/SF
NOI
$140.7K $14.07/SF
Area
Henry 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%
$2,813,080
Cap Rate 7%
$2,009,343
Cap Rate 9%
$1,562,822
Alternative Uses
Best Use
Retail
$2.01M
$1.76M – $2.34M
NOI $140,654 @ 7.0% cap · market cap 7.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.80M
$2.45M – $3.26M
NOI $195,677 @ 7.0% cap · market cap 10.30%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
579
Businesses Nearby
95k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 66%
Groceries 19%
Dining 14%
QuikTrip
Shops & Services
36,434 visits/mo
0.1 miles
Aldi
Groceries
18,225 visits/mo
0.4 miles
Dunkin' Donuts
Dining
8,611 visits/mo
0.3 miles
Wells Fargo
Shops & Services
6,941 visits/mo
0.5 miles
Corner Store
Shops & Services
6,334 visits/mo
0.4 miles
Demographics for 30281, GA
69,540
Population
29,546
Households
2.4
Avg Household Size
38
Median Age
25%
College-Educated
90%
High-School Grad
69.3 sq mi
ZIP Area
1,003
Density / Sq Mi
$70,587
Median Household Income
$43,672
Median Earnings
$1,427
Median Rent
$235,700
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?
Strip mall - 10,000 SF retail strip center with stable in-place income and one suite available on a high-traffic boulevard in Stockbridge.
Where is this strip mall located?
The property is located at 5248 N Henry Blvd Stockbridge, GA.
What is the asking price?
The asking price for this property is $1,899,999.
What are key features of this property?
This property features: Modern 10,000 SF retail strip center with stable in‑place income in Stockbridge; One suite remaining, creating space for an owner‑user to occupy while increasing overall returns; Located on high‑traffic North Henry Boulevard
