- For Sale $3,800,000
- Property Type Retail - Strip
- Property Size 28,220 SF
- Units 14
- Lot Size 1.55 Acre
- Property Tenancy Multi-Tenant
- Building Class C
- Year Built 1981
- Date Updated Nov 2, 2026
Description
Located on Memorial Drive in Stone Mountain, DeKalb County, Georgia, adjacent to Walmart.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.
Highlights
- $3,800,000 7.41% cap rate
- 28,220 SF on approximately 1.55 acres
- 31,900 vehicles per day on Memorial Drive 2025 GDOT AADT
- 96 parking spaces
- C-1 zoning
- Double-sided billboard included
- Upside potential
- Walmart shadow center
False
Contacts
Billy Spain, CCIM
Location
Located at 5895 Memorial Dr, Stone Mountain, GA 30083, this property is part of the Wedgewood neighborhood and Atlanta market.
Contact Listing Broker
Billy Spain, CCIM
