Freestanding Building in Stonecrest,
8217 Mall Parkway, Lithonia, GA 30038
High-visibility 4,233 SF building suitable for various uses.
Type:Retail
Property size:
4,233 SFPrice / SF:
$307/SF- Added:
- Nov 21, 2025
- Days on Market:
- 190
- Last Refresh:
- May 8 at 9:16 pm
Property Features for 8217 Mall Parkway
General Information
- Standard status
- Active
- Size
- 4,233 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2001
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
- High‑visibility, freestanding ±4,200 SF building in a prime retail corridor.
- Strategic location in Stonecrest, GA, one of Metro Atlanta’s fastest‑growing suburban markets, with easy access to I‑20.
- Located directly across from The Mall at Stonecrest, surrounded by national retailers.
- Suitable for a wide range of uses: financial services, medical, QSR, or general office.
- Features 5 private offices, 1 conference room, large lobby, and 2 restrooms.
- Ample surface parking and multiple access points.
Overview
Located at 8217 Mall Parkway in Stonecrest, GA, this freestanding building offers approximately 4,233 SF of space. Formerly a Bank of America branch, the property is situated in a thriving retail corridor, making it suitable for financial services, medical, QSR, or general office use. The building features five private offices, a conference room, a large lobby, and two restrooms. Storage and mechanical rooms provide operational support. The property benefits from prime visibility, excellent signage potential, ample surface parking, and multiple access points. The location is in the heart of Stonecrest, benefiting from high traffic on Mall Parkway and proximity to Interstate 20, which provides access to downtown Atlanta. It is directly across from The Mall at Stonecrest, a regional shopping destination anchored by major retailers such as Macy’s and JCPenney, and surrounded by national tenants including Walmart, Sam’s Club, Lowe’s, Target, and Publix. The area experiences ongoing residential and commercial growth, making it a desirable location for various commercial uses. Strong surrounding demographics and high traffic counts of 10,700 add to the property's appeal.
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 | $97.5k | $23.04 |
| − Vacancy | −$6.8k | −$1.61 |
| EGI | $90.7k | $21.43 |
| − OpEx | −$22.7k | −$5.36 |
| NOI | $68.0k | $16.07 |
4,233 SF · lease $23.04/SF/yr · vacancy 7.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$971.8K
$850.3K – $1.13M
NOI $68,026 @ 7.0% cap · market cap 5.23%
Second Best
Retail
$850.6K
$744.2K – $992.3K
NOI $59,539 @ 7.0% cap · market cap 4.58%
Theoretical Best
Office A
$1.18M
$1.04M – $1.38M
NOI $82,830 @ 7.0% cap · market cap 6.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Banks
Location Insight
- Map
- Local Demand
- City
- Lithonia
- County
- DeKalb
- State
- Georgia
- Longitude
- -84.0896
- Latitude
- 33.6913
Nearby Similar for Sale
FAQs
What type of property is this?
Bank - High-visibility 4,233 SF building suitable for various uses.
Where is this bank located?
The property is located at 8217 Mall Parkway Lithonia, GA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: High‑visibility, freestanding ±4,200 SF building in a prime retail corridor.; Strategic location in Stonecrest, GA, one of Metro Atlanta’s fastest‑growing suburban markets, with easy access to I‑20.; Located directly across from The Mall at Stonecrest, surrounded by national retailers.
