Stone Mountain, GA 30087

CVS

Property Address

7207 Rockbridge Road Southwest, Stone Mountain, GA, USA

Offering Summary

  • Price: $3,626,000
  • Lot Size: 1.2 Acres
  • Cap Rate: 5.35%
  • Year Built: 1997
  • Building SF: 10,125
  • Status: In Escrow
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  • Brand New 15-Year Lease with CVS Corporate
  • 144,078 Residents within a 5-Mile Radius - Atlanta MSA
  • Signalized Location at High Traffic Intersection (31,600+ Cars/Day at the Hard Corner of Rockridge Road and Deshon Road)
  • Average Household Income Exceeds $92,000 in Immediate Area
  • Long Term Occupancy - CVS has Occupied the Property for Over 23 Years
  • Limited Drug Store Competition - Subject Property is the Only Drug Store within 3 Miles
  • Surrounded by Major National Retailers - Publix-Anchored Center, McDonald’s, QuikTrip, AutoZone, Zaxby’s, Pizza Hut, and More
  • Less Than 4 Miles South of Amazon’s New Distribution Center, which is Estimated to Bring in 1,000+ New Jobs and is Expected to be Complete in Q4 2020

Broker Information