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Auto Dealership 17,070 SF on 3 Acres 6276 Memorial Dr

17,070 SF 44% Leased Retail Building Stone Mountain, GA 30083 £2,660,330 (£156/SF)

Investment Highlights

  • For Sale or lease used auto dealership 17,070 SF / 3.09 AC / 250+ parking
  • 2 tenant actively leased vehicle service areas - auto repair and truck repair\parking
  • 360' frontage / 27,000+ traffic count / C-1 zoning
  • Used auto dealership at location for 15+ years - business available for sale
  • Vehicle showroom / office / 2 vehicle service areas
  • 2 minutes to Stone Mtn Hwy / 10 minutes to I-285

Executive Summary

For sale or lease is the real estate and separately the business of a successful used auto 'buy here pay here' operation. The 17,070 SF auto dealership on 3 acres was originally built in 1989 and currently serves as a successful 15+ year owner-occupied used car business located in the 9,570 SF+- showroom and front sales lot. There are two vehicle servicing tenants generating rental income: the first is 5,000 SF leased to a long-term tenant performing tractor trailer truck fleet servicing plus trailer parking, and the second is 2,500 SF+- leased to an auto repair service. Both leases are month to month offering flexibility to a new owner occupant or investor.
Memorial Drive is a divided four lane highway connecting Atlanta with east Dekalb County. With over 300 feet of frontage and prominent signage, the property is highly visible with a 27,000+ daily traffic count. The property is 2 minutes from Stone Mountain Highway and 10 minutes from I-285.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
17,070 SF
Building Class
B
Year Built
1989
Price
£2,660,330
Price Per SF
£156
Percent Leased
44%
Tenancy
Multiple
Number of Floors
2
Building FAR
0.13
Lot Size
3.09 AC
Opportunity Zone
Yes
Zoning
C1 - Dekalb County jurisdiction
Parking
250 Spaces (14.65 Spaces per 1,000 SF Leased)
Frontage
330 ft on Memorial Dr

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 100
  • 9,570 SF
  • Retail
  • -
  • 30 Days

This 17,070 SF auto dealership on 3 acres was originally built in 1989 and currently serves as a successful 15+ year owner-occupied used car business. For lease is 9,570 SF comprised of showroom, 8 sales offices\work areas and including 250 parking spaces with 330 feet of frontage on Memorial Drive. The 15+ year 'buy here pay here' used auto sales business may be purchased separately.

Space Size Space Use Position Available
100 9,570 SF Retail - 30 Days

100

Size
9,570 SF
Space Use
Retail
Position
-
Available
30 Days

100

Size 9,570 SF
Space Use Retail
Position -
Available 30 Days

This 17,070 SF auto dealership on 3 acres was originally built in 1989 and currently serves as a successful 15+ year owner-occupied used car business. For lease is 9,570 SF comprised of showroom, 8 sales offices\work areas and including 250 parking spaces with 330 feet of frontage on Memorial Drive. The 15+ year 'buy here pay here' used auto sales business may be purchased separately.

Nearby Major Retailers

Chase
WNB Factory
Waffle House
Checkers
Rent-A-Center
Truist

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
18-091-01-036
Land Assessment
£537,136
Improvements Assessment
£324,592
Total Assessment
£861,728
  • Listing ID: 31109834

  • Date on Market: 03/03/2024

  • Last Updated:

  • Address: 6276 Memorial Dr, Stone Mountain, GA 30083

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