STONECREST PAVILION
STONECREST PAVILION 7342 Stonecrest Concourse, Lithonia, GA 30038
PRICE REDUCED For Sale: $3,500,000 - 10.8% CAP
PROPERTY HIGHLIGHTS • Asking 10.8% CAP on current income • Offered below replace cost at only $72/SF • Great Visibility and located off of I-20, adjacent to Stonecrest Mall • 100% Occupied - 3 Tenants • Anchored by a National Tenant in hhgregg • Attractive architecture and building finishes • 99,370 people living within 5 miles and continuing to grow
AERA INFORMATION Lithonia is in eastern metro Atlanta, about 20 miles east of downtown Atlanta and about 8 miles south of Stone Mountain. Lithonia means “city of stone,” which is accurate as Lithonia as the area has a history of rock quarries. Lithonia’s close proximity to the scenic and natural amenities of Panola Mountain State Park and the Davidson-Arabia Mountain Nature Preserve provides a connection to these natural amenities. The city continues to put an emphasis on green space for the use of the people living in the area. Many people choose to live in Lithonia area as it is a short commute into many of the employers located in east Atlanta and downtown Atlanta. This is a part of Atlanta where one can buy a home, for an affordable price, and still be a short drive into the heart of Atlanta. For additonal information, please contact: Chase Murphy 404.812.8925 [email protected]
Elliott Kyle 404.812.8927 [email protected]
SKYLINE SEVEN REAL ESTATE 5825 Glenridge Drive Building 1, Suite 206 Atlanta, GA 30328 www.skylineseven.com
Main: 404.812.8910 Fax: 678.916.4149 [email protected]
PRICE REDUCED For Sale: $3,500,000 - 10.8% CAP
PROPERTY HIGHLIGHTS • Asking 10.8% CAP on current income • Offered below replace cost at only $72/SF • Great Visibility and located off of I-20, adjacent to Stonecrest Mall • 100% Occupied - 3 Tenants • Anchored by a National Tenant in hhgregg • Attractive architecture and building finishes • 99,370 people living within 5 miles and continuing to grow
AERA INFORMATION Lithonia is in eastern metro Atlanta, about 20 miles east of downtown Atlanta and about 8 miles south of Stone Mountain. Lithonia means “city of stone,” which is accurate as Lithonia as the area has a history of rock quarries. Lithonia’s close proximity to the scenic and natural amenities of Panola Mountain State Park and the Davidson-Arabia Mountain Nature Preserve provides a connection to these natural amenities. The city continues to put an emphasis on green space for the use of the people living in the area. Many people choose to live in Lithonia area as it is a short commute into many of the employers located in east Atlanta and downtown Atlanta. This is a part of Atlanta where one can buy a home, for an affordable price, and still be a short drive into the heart of Atlanta. For additonal information, please contact: Chase Murphy 404.812.8925 [email protected]
Elliott Kyle 404.812.8927 [email protected]
SKYLINE SEVEN REAL ESTATE 5825 Glenridge Drive Building 1, Suite 206 Atlanta, GA 30328 www.skylineseven.com
Main: 404.812.8910 Fax: 678.916.4149 [email protected]
