Modern Retail Strip
5248 N Henry Blvd Stockbridge, GA 30281
5248 N Henry Blvd, Stockbridge, GA, 30281
$2,100,000
For Sale
$2,100,000
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$210
Days on Market93
Property Features for 5248 N Henry Blvd
General Information
- Standard status
- Active
- Size
- 10,000 SF
Listing agency
AC & Associates Real Estate Group
(404) 281-3818
Listed by
Angela Cooper · License #250014
(404) 281-3818
Source
Exprealty
Added: Apr 20 Updated: Jul 21 at 3:35PM Checked: Jul 21 at 3:35PM
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
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
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 | $219.6k | $21.96 |
| − Vacancy | −$18.7k | −$1.87 |
| EGI | $200.9k | $20.09 |
| − OpEx | −$60.3k | −$6.03 |
| NOI | $140.7k | $14.07 |
10,000 SF · lease $21.96/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.01M
$1.76M – $2.34M
NOI $140,654 @ 7.0% cap · market cap 6.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.80M
$2.45M – $3.26M
NOI $195,677 @ 7.0% cap · market cap 9.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
The Lash Touch
Hair Salon
Georgia Army National ...
Military Recruiting Office
Army National Guard ...
Military Recruiting Office
COVA Beauty
(Bike/Boat/Book/etc) Store
Caked By Petite
Bakery
Similar For Sale Nearby
FAQs
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 $2,100,000.
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
