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Anchored Shopping Center For Sale
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5295 Stone Mountain Hwy, Stone Mountain, GA 30087

83,921 SF shopping center anchored by LA Fitness.

Property Size83,291 SF
Days on Market814

Property Features for 5295 Stone Mountain Hwy

General Information

Standard status Pending
Size 83,291 SF
Property subtype Retail

Building Details

Year Built 1983
Listing Agency: TSCG The Shopping Center Group Miami
Listed By: Anthony Blanco · License #FL BK659640
Source: Crexi
Added: May 14, 2024 Changed: Jul 6 Last Checked: Aug 4 at 6:39AM

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 TSCG The Shopping Center Group Miami

Investment Insights

Based on property information with market context.

Mountain East Shopping Center, located in Stone Mountain, Georgia, is available for sale. The property has a gross leasable area of 83,921 square feet. Anchored by LA Fitness, which occupies 45,000 SF and received 300,000 visitors in the past twelve months, the center also includes Total by Verizon, Hair Clippers, Republic Finance, and Athlete’s Foot as tenants. Constructed in 1983 and renovated in 2012, Mountain East is currently 89% leased. The shopping center is situated at the signalized intersection of Stone Mountain Highway (GA 78) and East Park Place Boulevard, a primary retail corridor. The property is located 8 miles east of Interstate 285 and 2 miles from Stone Mountain Park, which receives over 4 million visitors annually.

Key Highlights

  • Anchored by a thriving LA Fitness with 300,000 annual visitors.
  • Offered free of existing financing.
  • Located on Stone Mountain Highway (GA 78), the primary retail corridor.

Property Analytics

Current Use

Amazon Counter - Max ... Postal Service Mountain East Shopping ... Business Service Center Dr. Larry Heit Ophthalmologist Dr. Stacy Reynolds Physician Gertrude Anyakwo Physician

Suggested Use

Top Pick Real Estate Agency HVAC Service Big Box & Wholesale Store Building Supply Parking Lot & Garage Law Firm

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

Location Intelligence

Trade Area within ½ mile

941
Businesses Nearby
97k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 78% Apparel 16% Hotels & Casinos 5% Shops & Services 1%
Chick-fil-A Dining
57,123 visits/mo 0.4 miles
K&G Apparel
13,140 visits/mo 0.1 miles
Taco Bell Dining
12,028 visits/mo 0.4 miles
Wingstop Dining
3,744 visits/mo 0.1 miles
SUBWAY Dining
2,738 visits/mo 0.1 miles

Demographics for 30087, GA

38,743
Population
14,274
Households
2.7
Avg Household Size
43
Median Age
45%
College-Educated
93%
High-School Grad
22.6 sq mi
ZIP Area
1,714
Density / Sq Mi
$89,484
Median Household Income
$46,064
Median Earnings
$1,778
Median Rent
$312,200
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
Rey
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Similar Off Market Nearby

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  • Mountain Park Place Shopping Center E Park Pl Blvd, Stone Mountain, GA 30087
  • Stone Mountain Festival 1825 Rockbridge Rd SW, Stone Mountain, GA 30087

Frequently Asked Questions

What type of property is this?
Shopping center - 83,921 SF shopping center anchored by LA Fitness.
Where is this shopping center located?
The property is located at 5295 Stone Mountain Hwy Stone Mountain, GA.
What are key features of this property?
This property features: Anchored by a thriving LA Fitness with 300,000 annual visitors.; Offered free of existing financing.; Located on Stone Mountain Highway (GA 78), the primary retail corridor.
(305) 772-4105 Call to check price and availability
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