Property summary
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
Property profile
VerifiedCap rate & NOI
Current use
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Discount Store
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Gym & Fitness Center
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Bank Credit Union
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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