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4977 Memorial Dr
Stone Mountain, GA 30083
STNL Investment Opportunity | 6.3% Cap Rate · Retail Property For Sale
PROPERTY FACTS
About 4977 Memorial Dr , Stone Mountain, GA 30083
Bull Realty is pleased to present this single tenant NNN lease offering in Stone Mountain, Georgia (Atlanta MSA). The tenant, a local restaurant, is on a 36 month lease expiring December 31, 2019. They have one 3-year renewal option with a 20% rent increase. The Landlord recently replaced two HVAC units and installed a new roof. The property is located on heavily commercial Memorial Drive, just outside I-285 and less than 1 mile from Georgia Piedmont Technical College and 11 miles from Stone Mountain Park. Nearby 2016 traffic counts on Memorial Drive averaged 37,000 vehicles per day. NOTE: This property is also know as 4995 Memorial Drive per the Dekalb County Property Assessor.
PROPERTY TAXES
| Parcel Number | 18-043-02-003 | Improvements Assessment | $48,760 |
| Land Assessment | $63,680 | Total Assessment | $112,440 |
PROPERTY TAXES
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