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For Sale

Stoneway Plaza

1363 Iris Dr SE,
Conyers, GA 30013

Asset Snapshot

$224,411
NOI
1985
Year Built
1
Floor Count

Offering Summary

Investment Overview

Strategically positioned along a well-traveled corridor, the property benefits from proximity to established residential neighborhoods and surrounding retail development, supporting steady consumer demand. Offered at $2,990,000, the asset presents an attractive opportunity for investors or owner-users seeking to capitalize on the continued growth of the Conyers market.


Investment Highlights

  • •100% Leased- 22,800 square foot shopping center situated on 3 - acre lot with ample parking
  • •Upside potential - average base rent under $13 PSF
  • •Anchored by Bella Vista a grocery store and Mexican restaurant with over 1,400 google reviews and a high rating of 4.7 stars
  • •Established internet resistant tenants
  • •Excellent visibility to I-20 along Iris Drive, a well-traveled local corridor with strong connectivity to surrounding residential neighborhoods and retail nodes.
  • •Located between the newly developed power center anchored by Floor & Decor, Academy Sports & Outdoors, and Northern Tool and a brand new hotel, ECHO Suites Extended Stay by Wyndham
  • •Over 92,000 residents within a 5-mile radius, projected to exceed 111,000, with average household incomes approaching $100,000+, supporting strong retail demand.

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Listing Syndicated From

Buildout
For Sale
$2,990,000
Asking Price