2414 DeKalb Medical Pky - Storefront Retail/Office FOR SALE


Lithonia, GA 30058
$2,990,000 USD
2414 DeKalb Medical Pky, Lithonia, GA for Sale
$2,990,000 USD
Storefront Retail/Office - FOR SALE
1/10
null | 7.17% Cap Rate

2414 DeKalb Medical Pky
Lithonia, GA 30058


HIGHLIGHTS

  • Off Covington Highway booming with development and high traffic
  • Large 3 acre corner lot
  • Rents below market

OVERVIEW

- 12,240 SF retail center + 3,000 SF car wash - 9 retail suites + self-service car wash - Domino's and the car wash drive traffic to the center - 90% occupancy - Nearby Kroger, Walgreens, Dollar Tree, and ALDI - Triple Net (NNN) investment - No deferred maintenance - Domino's Anchor | 10 year lease remaining - Below market rents - 31,600 AADT

FOR SALE DETAILS

PRICE

$2,990,000 USD

PRICE/SF

$196 USD /SF

CAP RATE

7.17%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CDM Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

97

LAND DETAILS

LAND ACRES

3 AC

LAND SF

130,680 SF

ZONING

C2

APN/PARCEL ID

16-089-02-025

ASK ABOUT THIS PROPERTY

Jon KontopidisApex Asset ManagementMore Info

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Jon KontopidisApex Asset ManagementMore Info

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