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Property profile & analytics
FOR LEASE
Retail space

3001 Stonecrest Promenade Lithonia, GA 30038

44,640 SF 5.5 ac lot Built 2005
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US22-0580856
Property summary
AI-generated overview

This exceptional free-standing retail building, located at 3001 Stonecrest Promenade in Stonecrest, Georgia (zip code 30038), offers a significant opportunity for businesses seeking a substantial presence in a thriving DeKalb County market. The entire 89,193 square foot building is currently vacant, presenting a unique chance to occupy the entire space or potentially subdivide it. The minimum divisible space is 44,553 square feet, while the maximum contiguous space available is 44,640 square feet. This flexibility allows for a wide range of business models and expansion plans. Situated on a generous 5.5-acre lot, the property provides ample parking and visibility. The building's prime location in Lithonia, GA, ensures high traffic volume and excellent accessibility. This is an ideal opportunity for a single large tenant or multiple smaller tenants seeking a prominent location in a rapidly growing area. The property is classified as a commercial retail space with multiple tenancy options. Serious inquiries are encouraged to explore the possibilities of this expansive and versatile retail property. Contact us today to schedule a viewing and discuss your business needs.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2005
Total area 44,640 SF
Lot 5.5 ac (239,754 SF)
Zoning code C1
APN 16 170 01 046
UPID US22-0580856
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.19M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.66M
Blend (final) Blend
$2.43M
Owner & transaction history
Jp Stonecrest Promenade LLC · 3 yrs held
Jp Stonecrest Promenade LLC
since 2023
Last sale
$2.5M
6 recorded transactions
2023
$2.5M
2022
$1.8M
2015
$33.0M
2015
$6.9M
2015
$3.3M
2004
$1.4M
Zoning & alternative use
C1 · Lithonia, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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