Historical Retail Sale Listing - Tenant Occupied Freestanding Building (16% Cap)

Retail For Sale

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Tenant Occupied Freestanding Building (16% Cap)

2988 Rainbow Drive, Decatur, GA 30034

N/A

2,900 SF | Retail

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Retail Property - Off Market

Price:
N/A
Building Size:
2,900 SF
Property Type:
Retail
Property Sub-type:
Free Standing Bldg
Additional Sub-types:
Street Retail
Retail (Other)
Community Center
Property Use Type:
Vacant/Owner-User
No. Stories:
1
Year Built:
1974
Lot Size:
0.46 AC
Listing ID
17284322
Last Updated
over 1 year ago

Description

- Approximately 2,900 SF freestanding building for sale
- Current lease if NN with landlord responsible for taxes
- Tenant pays all other expenses
- Huge upside potential if current tenant does not renew lease
- Current rental rate is well below market at only $7.00/SF
- Great location in South Decatur, within walking distance of South Dekalb Mall and easy access to Candler Road & I-20
- Zoned C-1
- 2006 appraised value at $550,000

2988 Rainbow Drive, Decatur, GA 30034

Map of 2988 Rainbow Drive, Decatur, GA 30034 (Dekalb County)

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