8200 Mall Parkway • Lithonia, GA 30038
Year Purchased: 2021
Purchase Amount: $6,600,000.00
Equity: $3,159,000.00
The Shops at Turner Hill property was purchased in May 2021 and is a 32,200 square foot multi-tenant retail center located in a rapidly growing suburb of Atlanta, GA. Built in 2003, the property boasts a strong group of e-commerce resistant tenants, including national brands such as Panera Bread. The center was 90% occupied at closing and offered our investors the prospect of current cash flow stability combined with upside from future leasing and planned rent increases.