3480 Mt Zion Rd Stockbridge, GA 30281-7891

Property Details for 3480 Mt Zion Rd

Year built

2001

Lot size

2.42 lot acres

Property size

20,087 SF

Zone code

GB

Property type

Retail space

APN

12-073D- B-009

APU

12073DB009

Description

This exceptional 20,087 square foot retail storefront in Stockbridge, GA (Atlanta MSA), presents a compelling re-tenanting or redevelopment opportunity. Located at 3480 Mt Zion Rd, this single-story, 2001-built property sits on a substantial 2.42-acre lot zoned for General Business District use. Currently 100% occupied with a lease expiring November 2024, the property offers a 6.53% cap rate and a strong NOI of $225,599. The asking price is $3,450,000 ($171.75/sq ft). Its prime location boasts high visibility and accessibility, fronting Mt Zion Rd (13,260+ VPD) and adjacent to Lake Spivey Parkway (28,500+ VPD), with close proximity to I-75 (133,000+ VPD) and I-675 (60,000+ VPD). The surrounding area features recently completed residential developments adding 600+ units, indicating strong potential for future growth. This property offers significant residual value due to its size, flexible zoning, and strategic location within a dense retail corridor, serving a population of 133,000+ within a 5-mile radius with an average household income exceeding $74,000. The property's flexible zoning allows for a multitude of uses, ensuring resilience and adaptability in the dynamic commercial landscape. This is a rare chance to acquire a high-potential retail asset in a thriving market.

Location Insight

City

Stockbridge

County

Clayton

State

Georgia

Longitude

-84.2763

Latitude

33.5508

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments