6152 Covington Hwy Lithonia, GA 30058
- Lifestyle centers
- 144,585 SF
- 1.25 lot acres
Current Use by Public Records
- Dollar Tree / Discount Store / Grocery Store
- Planet Fitness / Tanning Salon / Gym
- Coinstar / Money Transfer Service
Property Details for 6152 Covington Hwy
- Year built
- 1989
- Lot size
- 1.25 lot acres
- Property size
- 144,585 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional 144,585 square foot shopping center, located at 6152 Covington Highway in Lithonia, Georgia, presents a compelling investment opportunity. Built in 1989 and renovated in 2021, this multi-tenant retail property boasts an impressive 85% occupancy rate. The property sits on a 1.25-acre lot and is offered at $1,000,000, translating to a price per square foot of $6.92. The property features excellent street frontage and visibility, making it an ideal location for a variety of businesses. The lease type is NNN, offering a passive income stream for the investor. The property's prime location in DeKalb County, Georgia, zip code 30058, ensures high traffic and visibility. This is a rare opportunity to acquire a well-maintained, high-performing retail center in a thriving market. The property's APN is 1603901022
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lithonia
- County
- DeKalb
- State
- Georgia
- Longitude
- -84.1647
- Latitude
- 33.7244
