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Lithonia, GA - Applebee's

$4,893,456

2945 Stonecrest Cir, Lithonia, GA 30038

Active
Last Updated: 07/10/2025

6.25

Cap Rate

305,841

NOI

Details:
Cap Rate:    6.25%
NOI:    $305,841
Building Size:    5,241 sqft
Lot Area:    1.5 acres
Year Built:    2002
Zoning:    Local Commercial
Description:

• Applebee’s corporate signed lease
• 6+ years remaining with 6 (5-year) option periods to extend, demonstrating the tenant’s commitment to the site
• The lease features 1% annual increases throughout the initial term and option periods

• The subject property is an outparcel to The Mall at Stonecrest, which features national/credit tenants such as Macy’s, Dillard’s, AT&T, Ashley Store, Steak ‘N Shake, Chili’s, and many others
• Located in close proximity to Stonecrest Marketplace with major tenants including Marshalls, Ross, Dollar Tree, Petco, Staples, T-Mobile, and more
• Strong tenant synergy promotes crossover shopping to the subject property

Map:
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