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2788 E Ponce De Leon St 12,373 SF Retail Building Decatur, GA 30030 $7,300,000 ($589.99/SF) 10.68% Cap Rate

Investment Highlights
- Located within a rapidly growing and redeveloping urban infill corridor just minutes from Downtown Decatur, Avondale Estates, and Downtown Atlanta
- Income producing property with assemblage and redevelopment opportunities ideal for investors, developers, or future owner-users
- Exceptional frontage and visibility on East Ponce de Leon Avenue with a MARTA station located nearby
Executive Summary
Positioned in the heart of the rapidly evolving Decatur/Avondale submarket, 2788 East Ponce de Leon Avenue presents a rare opportunity to acquire a strategically located industrial-zoned asset with long-term income stability and significant future upside. The property consists of approximately 12,373 SF situated on 1.18 acre, and is occupied by a long-standing tenant.
Ideally located along the heavily traveled East Ponce de Leon Avenue corridor, the property offers exceptional visibility, accessibility, and connectivity throughout Metro Atlanta. The site sits directly across from the Avondale MARTA Station, providing immediate access to MARTA rail and bus transit and positioning the property within one of DeKalb County’s most connected transit-oriented corridors. The surrounding area continues to experience substantial residential, mixed-use, and commercial redevelopment, further enhancing the long-term investment potential of the site.
The property’s industrial zoning provides flexibility for a variety of current and future uses, making it attractive to investors, developers, and owner-users alike. Additionally, the site may offer assemblage potential with surrounding parcels, creating a compelling opportunity for larger-scale redevelopment in a high-demand urban infill location.
Ideally located along the heavily traveled East Ponce de Leon Avenue corridor, the property offers exceptional visibility, accessibility, and connectivity throughout Metro Atlanta. The site sits directly across from the Avondale MARTA Station, providing immediate access to MARTA rail and bus transit and positioning the property within one of DeKalb County’s most connected transit-oriented corridors. The surrounding area continues to experience substantial residential, mixed-use, and commercial redevelopment, further enhancing the long-term investment potential of the site.
The property’s industrial zoning provides flexibility for a variety of current and future uses, making it attractive to investors, developers, and owner-users alike. Additionally, the site may offer assemblage potential with surrounding parcels, creating a compelling opportunity for larger-scale redevelopment in a high-demand urban infill location.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Bar
Building Size
12,373 SF
Building Class
C
Year Built
1967
Price
$7,300,000
Price Per SF
$589.99
Cap Rate
10.68%
NOI
$780,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
1.18 AC
Zoning
Industrial - This property is zoned Industrial.
Parking
50 Spaces (5.81 Spaces per 1,000 SF Leased)
Frontage
238’ on Ponce De Leon Ave
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 18-008-07-002 | Improvements Assessment | $228,040 |
| Land Assessment | $480,520 | Total Assessment | $708,560 |
Property Taxes
Parcel Number
18-008-07-002
Land Assessment
$480,520
Improvements Assessment
$228,040
Total Assessment
$708,560
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2788 E Ponce De Leon St
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