1171-1181 S Hairston Rd - Supermarket FOR SALE


Stone Mountain, GA 30088
$4,950,000 USD
404-812-8925
1171-1181 S Hairston Rd, Stone Mountain, GA for Sale
$4,950,000 USD
Supermarket - FOR SALE
1/14
null | 9.06% Cap Rate

1171-1181 S Hairston Rd
Stone Mountain, GA 30088


HIGHLIGHTS

  • Strong tenant mix for the area with many long standing tenants
  • Anchored by 2 national tenant, Citi Trends & Dollar General
  • New tenant with a 10 year tenant in 12,750 SF
  • Densely populated, with 256,872 residents within a 5-mile radius
  • Average Household Income of over $59,000 within 1-mile radius and is expected to grow by 19.08% in the next 5 years
  • The property is anchored by Citi Trends and Dollar General (tenant since 2000)

OVERVIEW

Hairston Plaza is a well-positioned retail center located in a densely populated area with 256,872 residents within a 5-mile radius. The property benefits from a strong consumer base, with an average household income of over $59,000 within a 1-mile radius, projected to grow by 19.08% in the next five years. Anchored by long-term tenants Citi Trends and Dollar General—serving the community since 2000—the center offers a stable tenant mix that attracts consistent foot traffic and customer engagement. The property boasts high visibility, with traffic counts of 22,122 vehicles per day (VPD) on Redan Road and 16,847 VPD on South Hairston Road. It enjoys a strategic location near major national retailers, including a Kroger-anchored shopping center directly across the street and a Family Dollar-anchored center on the adjacent corner. Additional neighboring retailers such as McDonald's, Walgreens, and Zaxby's contribute to the area's vibrant retail environment, making Hairston Plaza an ideal destination for businesses looking to capitalize on a thriving community.

FOR SALE DETAILS

PRICE

$4,950,000 USD

PRICE/SF

$93 USD /SF

CAP RATE

9.06%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hairston Square Shopping Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

288

LAND DETAILS

CROSS STREETS

Redan Rd

LAND ACRES

6.3 AC

LAND SF

274,428 SF

ZONING

C1, County

APN/PARCEL ID

15-224-01-148

ASK ABOUT THIS PROPERTY

Chase MurphySkyline Seven Real EstateMore Info
404-812-8925

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Chase MurphySkyline Seven Real EstateMore Info
404-812-8925

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.