Investment Overview
Memorial Plaza is a 28,220 SF, two-story retail center adjacent to Walmart on Memorial Drive in Stone Mountain, Georgia. The offering includes a double-sided billboard, 96 parking spaces and approximately 1.55 acres zoned C-1.
Offered at $3,800,000, with annualized NOI of $281,710 and a 7.41% cap rate. Retail investment with upside potential.
Investment Highlights
- Walmart shadow center
- $3,800,000 | 7.41% cap rate
- 28,220 SF on approximately 1.55 acres
- Double-sided billboard included
- Upside potential
- 96 parking spaces
- 31,900 vehicles per day on Memorial Drive — 2025 GDOT AADT
- C-1 zoning