Stonecrest Commercial Property For
7322 Stonecrest Concourse, Lithonia, GA 30038
Commercial property in Stonecrest's retail corridor, near The Mall.
Type:Retail
Property size:
5,192 SFPrice / SF:
$231/SF- Added:
- Nov 21, 2025
- Days on Market:
- 190
- Last Refresh:
- May 9 at 12:35 am
Property Features for 7322 Stonecrest Concourse
General Information
- Standard status
- Active
- Size
- 5,192 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2003
Listing agent Jake Creviston License #GA #365989 (770) 557-5206
Listing office SVN Second Story Real Estate Management- Atlanta (770) 557-5206
Listing date Nov 21, 2025
Source Svn
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 SVN Second Story Real Estate Management- Atlanta
HighLights
- Prime location directly across from The Mall at Stonecrest in a busy retail corridor with high visibility and traffic.
- Excellent accessibility with immediate access to I‑20.
- Turn‑key restaurant opportunity with existing kitchen equipment and walk‑in coolers.
- High‑growth market with strong demographics.
- Free‑standing building on a corner lot with 72 parking spaces.
- Suitable for a variety of commercial uses.
Overview
The commercial property at 7322 Stonecrest Concourse is located in the Stonecrest commercial corridor, adjacent to The Mall at Stonecrest. The property benefits from high traffic counts along I-20 and Turner Hill Road. It is positioned near national retailers, restaurants, entertainment venues, and service providers. The location provides access to residential communities, employment centers, and major transportation routes. The building was constructed in 2003 and formerly operated as a Buffalo Wild Wings. The property was foreclosed upon in 2024. The building has existing FF&E from previous restaurant operator. It is suited for retail, office, medical, or service-oriented businesses. The property is located in the City of Stonecrest, DeKalb County, just east of Atlanta with immediate access to Interstate 20. It is a free-standing building on a corner lot in a busy retail corridor. The property includes existing kitchen equipment and walk-in coolers. There are 72 parking spaces available. It is a turnkey restaurant.
Local Financial Insights For Specialty 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 | $119.6k | $23.04 |
| − Vacancy | −$8.4k | −$1.61 |
| EGI | $111.3k | $21.43 |
| − OpEx | −$27.8k | −$5.36 |
| NOI | $83.4k | $16.07 |
5,192 SF · lease $23.04/SF/yr · vacancy 7.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.19M
$1.04M – $1.39M
NOI $83,438 @ 7.0% cap · market cap 6.95%
Second Best
Retail
$1.04M
$912.8K – $1.22M
NOI $73,027 @ 7.0% cap · market cap 6.09%
Theoretical Best
Office A
$1.45M
$1.27M – $1.69M
NOI $101,595 @ 7.0% cap · market cap 8.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Restaurants
Similar Places Nearby
- Mz Munchiez Eatz — 8170 Mall Pkwy, Stonecrest, GA 30038
- Especially Yours Cuisine — 8109 Mall Pkwy, Stonecrest, GA 30038
- Punkin's Catering — Stonecrest Square, Lithonia, GA 30058
Location Insight
- Map
- Local Demand
- City
- Lithonia
- County
- DeKalb
- State
- Georgia
- Longitude
- -84.0918
- Latitude
- 33.6959
Nearby Similar for Sale
FAQs
What type of property is this?
Restaurant - Commercial property in Stonecrest's retail corridor, near The Mall.
Where is this restaurant located?
The property is located at 7322 Stonecrest Concourse Lithonia, GA.
What is the asking price?
The asking price for this property is $1,199,900.
What are key features of this property?
This property features: Prime location directly across from The Mall at Stonecrest in a busy retail corridor with high visibility and traffic.; Excellent accessibility with immediate access to I‑20.; Turn‑key restaurant opportunity with existing kitchen equipment and walk‑in coolers.
