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    4871 Memorial Dr Stone Mountain, GA 30083

    Sponsored
    For Lease
    Contact for pricing

    Stone Mountain retail space available

    Lot size:
    37,987 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Rockmor Plaza, a 37,987 square foot retail center in Stone Mountain, GA (30083), offers 13,700 square feet of contiguous space for lease. This single-story, Class C property boasts 17 suites and is situated on a 5-acre lot with ample parking (100+ spaces). The property features a diverse tenant mix and benefits from a high-traffic location on Memorial Drive, just east of I-285, experiencing over 56,000 vehicles daily. Its prime location is enhanced by proximity to major retailers like QuikTrip, SunTrust, Wells Fargo, Walgreens, Chick-fil-A, Pep Boys, and Applebee's. The surrounding area demonstrates strong demographics, with over 110,000 people residing within a 3-mile radius and an average household income exceeding $66,775. Furthermore, its strategic placement across from Georgia Piedmont Technical College and Georgia State University Perimeter College Clarkston Campus provides a substantial student population. The property's visibility is further amplified by its proximity to Stone Mountain Park, Georgia's most visited attraction, drawing nearly 4 million visitors annually. This thriving location, coupled with the ongoing growth of the Atlanta MSA, presents a compelling investment opportunity. The minimum divisible space is 13,700 square feet, and no elevators are available. The submarket is Stone Mountain within the Atlanta MSA.

    Property Features for 4871 Memorial Dr

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    37,987 SF
    Class
    C

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    13,700 SF

    HighLights

    • High‑traffic retail center on Memorial Drive, boasting over 56,000 vehicles daily.
    • Excellent location directly across from Georgia Piedmont Technical College and Georgia State University Perimeter College Clarkston campuses.
    • Recently renovated roof with warranty.
    • Newly resurfaced front and rear parking lots.
    • Prominent LED pylon sign.
    • Individual water meters installed for each suite.
    Property Profile Location Intelligence

    Current Use by Public Records

    Wells Fargo ATM Atm St. Vincent de ... Non-Profit Organization

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Stone Mountain
    County
    Dekalb
    State
    Georgia
    Longitude
    -84.23182749
    Latitude
    33.78765558

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    FAQs

    What type of property is this?
    Restaurant - Stone Mountain retail space available
    Where is this restaurant located?
    The property is located at 4871 Memorial Dr Stone Mountain, GA.
    What are key features of this property?
    This property features: High-traffic retail center on Memorial Drive, boasting over 56,000 vehicles daily.; Excellent location directly across from Georgia Piedmont Technical College and Georgia State University Perimeter College Clarkston campuses.; Recently renovated roof with warranty.
    Request Owner's contact information
    4871 Memorial Dr Stone Mountain, GA 30083
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4871 Memorial Dr Stone Mountain, GA 30083
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