6276 Memorial Dr, Stone Mountain, GA 30083
17,070 SF | 44% Leased | Retail Building | Stone Mountain, GA 30083 | $3,400,000 ($199/SF) | 9.22% Cap Rate
For Sale
Active
13 pictures
- Date Added:
- September 16, 2024
- Days on Market:
- 7 days
Asking Price $3,400,000
- Property Type
-
Retail
- Square Feet
- 17,070 SF
- Price / Square Foot
- $199
Listing Contacts
Matthew Levin
Verified Profile
- Property Info
Property Overview
For sale or lease is the real estate and separately the business of a successful used auto 'buy here pay here' operation. The 17,070 SF auto dealership on 3 acres was originally built in 1989 and currently serves as a successful 15+ year owner-occupied used car business located in the 9,570 SF+- showroom and front sales lot. There are two vehicle servicing tenants generating rental income: the first is 5,000 SF leased to a long-term tenant performing tractor trailer truck fleet servicing plus trailer parking, and the second is 2,500 SF+- leased to an auto repair service. Both leases are month to month offering flexibility to a new owner occupant or investor.
Memorial Drive is a divided four lane highway connecting Atlanta with east Dekalb County. With over 300 feet of frontage and prominent signage, the property is highly visible with a 27,000+ daily traffic count. The property is 2 minutes from Stone Mountain Highway and 10 minutes from I-285.
Memorial Drive is a divided four lane highway connecting Atlanta with east Dekalb County. With over 300 feet of frontage and prominent signage, the property is highly visible with a 27,000+ daily traffic count. The property is 2 minutes from Stone Mountain Highway and 10 minutes from I-285.
Property Details
- Class
- B
- Year Built
- 1989
- Stories
- 2
- Property Subtype
- Vehicle Related
- Lot Size (sq. ft)
- 134,600 SF
Highlights
- For Sale or lease used auto dealership 17,070 SF / 3.09 AC / 250+ parking
- Used auto dealership at location for 15+ years - business available for sale
- 2 tenant actively leased vehicle service areas - auto repair and truck repair\parking
- Vehicle showroom / office / 2 vehicle service areas
- 360' frontage / 27,000+ traffic count / C-1 zoning
- 2 minutes to Stone Mtn Hwy / 10 minutes to I-285
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