Lithonia, GA - Applebee's
$4,893,456
2945 Stonecrest Cir, Lithonia, GA 30038
For Sale
Retail
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
Location

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