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Hairston Commons 414 N Hairston Rd 15,000 SF 90% Leased Retail Building Stone Mountain, GA 30083 $3,210,616 CAD ($214.04 CAD/SF) 6.10% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 15,000 SF building with 13 units on 1.84 acres
  • High traffic Intersection
  • Large Parking Lot
  • Monument Sign
  • New Roof in July 2021

EXECUTIVE SUMMARY

Introducing an exceptional retail strip center investment opportunity in Stone Mountain, GA: 414 N Hairston Rd. This impressive property features a 15,000 SF building housing 13 units on 1.84 acres, built in 1988 and currently boasting a 90%+ occupancy rate. Zoned Neighborhood Shopping (NS), this prime location offers 50 parking spaces, a prominent monument sign, and benefits from a well positioned signalized intersection with traffic counts of 29,000 on N Hairston, and 16,600 on Rockbridge (GDOT). There is two entry points for easy ingress and egress. The estimated NOI is $140,334 with one current vacancy. Reach out to Jacob Bower or Derek Creviston to learn more, and feel free to check out the attached documents for more information as well.
Location Description
Located at the intersection of Rockbridge Road and 414 North Hairston Road, this property is only 2.5 miles away from Stone Mountain. Its right across the street from the Rockbridge Crossing Shopping Center and an Advance Auto Parts. North Hairston road sees about 29,000 cars a day, and Rockbridge road sees about 16,600 at this intersection, according to GDOT. The site has two easy and accessibly points of ingress and egress.

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $207,455 $13.83

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual -
Annual Per SF -
Net Operating Income (CAD)
Annual $207,455
Annual Per SF $13.83

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
15,000 SF
Building Class
C
Year Built
1988
Price
$3,210,616 CAD
Price Per SF
$214.04 CAD
Cap Rate
6.10%
NOI
$195,895 CAD
Percent Leased
90%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
1.84 AC
Zoning
NS, County - a type of zoning that governs permitted land uses, building heights, and property density
Parking
50 Spaces (5 Spaces per 1,000 SF Leased)
Frontage
247’ on N Hairston Rd

AMENITIES

  • Pylon Sign
  • Signalized Intersection
  • Monument Signage

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • All Vacuum Sales & Service
  • Retailer
  • -
  • -
  • -
  • -
  • Davis Insurance
  • Finance and Insurance
  • -
  • -
  • -
  • -
  • Ing Hairston
  • Information
  • -
  • -
  • -
  • -
  • Nail Expert
  • Services
  • -
  • -
  • -
  • -
  • Quality Care Cleaners
  • Services
  • -
  • -
  • -
  • -
  • Finance and Insurance
  • -
  • -
  • -
  • -

The State Farm® mission is to help people manage the risks of everyday life, recover from the unexpected and realize their dreams. Their vision for the future is to be the customer's first and best choice in the products and services they provide. They will continue to be the leader in the insurance industry and they will become a leader in the financial services arena. Their customers' needs will determine their path. Their values will guide them. They are people who make it their business to be like a good neighbor; who built a premier Company by selling and keeping promises through their marketing partnership; who bring diverse talents and experiences to their work of serving the State Farm customer. Their success is built on a foundation of shared values — quality service and relationships, integrity and financial strength. Their company mission is to help people manage the risks of everyday life, recover from the unexpected, and realize their dreams.

  • Stylish Dominican Hair Salon
  • Services
  • -
  • $14.45 CAD
  • Triple Net
  • Dec 2010
  • Upper Cuts Barber Shop
  • Services
  • -
  • -
  • -
  • -
  • Z Package Store
  • Retailer
  • -
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
All Vacuum Sales & Service Retailer - - - -
Davis Insurance Finance and Insurance - - - -
Ing Hairston Information - - - -
Nail Expert Services - - - -
Quality Care Cleaners Services - - - -
Finance and Insurance - - - -
Stylish Dominican Hair Salon Services - $14.45 CAD Triple Net Dec 2010
Upper Cuts Barber Shop Services - - - -
Z Package Store Retailer - - - -

NEARBY MAJOR RETAILERS

Ingles Markets
Waffle House

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
18-040-02-007
Land Assessment
$270,622 CAD (2025)
Improvements Assessment
$1,130,355 CAD (2025)
Total Assessment
$1,400,977 CAD (2025)
  • Listing ID: 35405527

  • Date on Market: 2025-04-08

  • Last Updated:

  • Address: 414 N Hairston Rd, Stone Mountain, GA 30083

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