TSCG, acting as exclusive agent on behalf of the Owner, is pleased to offer for sale a 100% fee simple interest in Mountain East Shopping Center in Stone Mountain (Atlanta MSA), Georgia. Mountain East totals 83,921 square feet of gross leasable area and is anchored by a thriving LA Fitness health club, which occupies 45,000 SF and received 300,000 visitors in the past twelve months. Additional national/regional tenants include Total by Verizon (new lease), Hair Clippers, Republic Finance and Athlete’s Foot. Mountain East was constructed in 1983 and renovated in 2012 (when LA Fitness replaced a Kroger store), is currently 89% leased and is being offered free of existing financing.
Mountain East Shopping Center is situated at the signalized intersection of Stone Mountain Highway (GA 78) – the primary retail corridor of the trade area – and East Park Place Boulevard. The Property is located 8 miles east of Interstate 285 and 2 miles from Stone Mountain Park, which receives over 4 million visitors annually.