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Property profile & analytics
OFF-MARKET Estimated value $12,775,000
Outlet malls

1825 Rockbridge Rd Stone Mountain, GA 30087-3335

68,216 SF 14.1 ac lot Built 1988
Entity Owned Absentee Owner Free & Clear
Property ID
US22-2212125
Property summary
AI-generated overview

This exceptional Class A, 135,865 square foot shopping center in Stone Mountain, GA (Atlanta MSA) presents a compelling investment opportunity. The property boasts a 94% occupancy rate across 19 tenants in 22 units, anchored by a high-traffic Walmart Supercenter. Built in 1988 with renovations in 2006 and 2020, the three, single-story buildings sit on a 14.1-acre lot with 771 parking spaces. The center features a strong mix of national and regional tenants, including Harbor Freight, Conn's, NCG Cinema, and others, contributing to an attractive weighted average lease term of 6.69 years. Its strategic location at a highly trafficked intersection (over 80,000 vehicles per day) on Rockbridge Rd SW, between US-78 and Stone Mountain Park (4 million annual visitors), provides exceptional visibility and accessibility. The property benefits from strong economic drivers, including a nearby Amazon fulfillment center and a proposed Costco. The C-2 zoning allows for a variety of uses, making this a stable, core investment in a high-growth area of the Atlanta metro area. The property's location within the dominant retail node of Stone Mountain serves a large Gwinnett County trade area, further enhancing its investment potential. This is a rare opportunity to acquire a well-positioned, high-performing retail center with a proven track record of success. The property's APN is R6060 089.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1988
Total area 68,216 SF
Lot 14.1 ac (614,196 SF)
Zoning code C2-GENERAL BUSINESS
APN 6-060 -089
UPID US22-2212125
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • NCG Cinema - Stone Mountain Cinema Theater & Performing Art Venue
  • Heroes At Home Barber Shop Barber Shop
  • SALON J. CHRISTIAN Hair Salon
  • Huskers Cafe (Stone Mountain) Cafe & Coffee Shop
  • Walmart Curbside Testing Medical Laboratory
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$12.19M
Comparable Approach Comparable
$10.94M
Blend (final) Blend
$12.78M
Owner & transaction history
Core Stone Mountain LLC
Core Stone Mountain LLC
since 2026
3 recorded transactions
2026
Price N/A
2026
$20.1M
2022
$11.0M
Zoning & alternative use
C2-GENERAL BUSINESS · Stone Mountain, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $18.5M +0.2%
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