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32755271
32755270

1772 Panola Road, Ellenwood, GA 30294

TD
GA 429151
Atlantic Capital Partners
SK
MA 9530978-RE-S
Atlantic Capital Partners
FV
GA 245039
Atlantic Capital Partners
MA
MA MA 9585718
Atlantic Capital Partners
Listed by Atlantic Capital Partners
$6,030,000
21 days on market
Updated 21 days ago

Five Points Crossing | Atlanta MSA | 51,557 SF

Details
Property Type Retail
Sub Type Restaurant, Storefront (+1)
Square Footage 51,557
Net Rentable (SqFt) 51,557
Units 10
Occupancy 98%
Tenancy Multi
Brand/Tenant Dollar General, Goodwill
Lease Type NNN
Remaining Term 7.1
Rent Bumps Yes
Lease Options See Rent Roll
Class A
Year Built 1990
Year Renovated 2012
Acreage 7.200
Zoning C2-Commerical
Parking Spaces 5.80 per 1,000 sq ft
Investment Type Stabilized
Tenant Credit Credit Rated
Ground Lease No
Sale Condition 1031 exchange

98% Leased | 10-Year Goodwill Extension | 7.75% CAP

Marketing description

Atlantic Capital Partners has been exclusively retained to market Five Points Crossing, a multi-tenant

neighborhood shopping center strategically located in Ellenwood, approximately 15 miles southeast of Downtown Atlanta. Positioned near the convergence of key transportation corridors including Interstate 675 and Interstate 285, Five Points Crossing benefits from strong regional accessibility and commuter traffic, drawing from a broad and densely populated South DeKalb and Henry County trade area. As a well-located neighborhood retail destination, the center features a complementary mix of service-oriented and necessity-based tenants, many with established operating histories, making it an attractive investment opportunity.

Ellenwood is a growing suburban community within DeKalb County, benefiting from its proximity to Atlanta’s urban core while maintaining relative affordability. The area is supported by steady population growth and a workforce driven by logistics, healthcare, retail, and distribution sectors, bolstered by access to Hartsfield-Jackson Atlanta International Airport, one of the world’s busiest airports, and major industrial corridors throughout South Atlanta. Nearby communities such as Stockbridge, Rex, and Decatur further enhance the area’s retail demand drivers. With continued residential development and infrastructure investment across the South Atlanta submarket, Ellenwood is increasingly positioned as a convenient and accessible hub for both residents and businesses.

Investment highlights

  • 51,557 SF neighborhood retail strip center 98% leased to 9 tenants; anchored by Goodwill of North Georgia (32,000 SF / May-2036) and Dollar General (8,260 SF / Jun-2029) — both recession-resistant, daily-needs operators with extensive term remaining
  • Shadow-anchored by Kroger (top 93% store nationwide per Placer.ai), Home Depot, Ingles, and CVS — creating a powerful, high-frequency consumer ecosystem directly adjacent to the property
  • Excellent accessibility: Panola Rd & Fairview Rd intersection sees ~30,200 VPD combined; I-675 (95,000 VPD) within minutes; ~15 miles SE of Downtown Atlanta near Hartsfield-Jackson International Airport
  • Value-add upside: 1,200 SF inline vacancy (Suite F) and a future outparcel development opportunity fronting Panola Road (QSR/drive-thru/financial services)
  • 3-Mile demographics: 37,105 people, $99,309 AHHI — growing South DeKalb/Henry County trade area with population growth outpacing the broader Atlanta metro
  • Located in Ellenwood's primary retail corridor serving a dense suburban community in a tri-county area (DeKalb, Clayton, Henry) with proximity to major 3PL/logistics corridor (FedEx, SAIA, R+L Carriers)

Listing Contacts

TD
GA 429151
Atlantic Capital Partners
SK
MA 9530978-RE-S
Atlantic Capital Partners
FV
GA 245039
Atlantic Capital Partners
MA
MA MA 9585718
Atlantic Capital Partners
Listed by Atlantic Capital Partners

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