Village Square Shopping Center | 13.17 Acres5561 Memorial Drive , Stone Mountain , GA 30083 | DeKalb County, GA
|Cropland Acres:||Contact broker|
Description/-30 ACRE ASSEMBLAGE POSSIBLE
Bull Realty is pleased to present the opportunity to acquire the Village Square shopping center, a 114,320 square foot multi-tenant retail center located at 5561-5567 Memorial Drive. Village Square is situated on 13.17 acres in the Stone Mountain, Memorial Drive corridor.
The shopping center offers 520 feet of frontage on Memorial Drive at a signalized intersection on Village Square Drive. The Memorial Drive corridor is a major artery running from Stone Mountain to Downtown Atlanta and offers easy access to Interstates 285 and 85.
Village Square offers an exciting opportunity for an investor to rehabilitate and lease up the existing structure or build from the ground up on the 13.17 acre parcel. The DeKalb County C1 zoning offers a variety of office, retail and service oriented commercial uses. The center is currently 54% occupied. A rent roll is available upon receipt of the signed Confidentiality Agreement.
-Below replacement cost at $48.96/SF
-Huge parking capacity with over 500 surface parking spaces
-Mixed use building with office and retail spaces
-Commanding visibility on Memorial Drive
-Traffic counts in excess of 30,000 cars per day
For more information, please contact Daniel Glusman.
Map of Village Square Shopping Center | 13.17 Acres
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