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4869 Covington Hwy 7,460 SF 88% Leased Retail Building Decatur, GA 30035 $1,550,000 ($207.77/SF)
Investment Highlights
- Strategic Location & High Traffic
- Below-Market Rents
- Immediate Value-Add Opportunity
Executive Summary
This 8-unit neighborhood retail center in Decatur, Georgia, presents a value-add opportunity offering both stable in-place income and upside potential. Strategically positioned with convenient access to Interstate 285 and Interstate 20, the property benefits from strong visibility and accessibility, supported by traffic counts of 35,000 +/- daily vehicles per day.
The center features a diverse tenant mix, including a fully built-out restaurant space equipped with a 1,000+ gallon underground grease trap. The property currently has one vacancy, providing an immediate value-add opportunity.
The site has 35 parking spaces located at both the front and rear of the property, in addition to a multi-tenant pylon sign that enhances tenant exposure. Secure rear private gate supports operational convenience. Current rental rates are below market.
For more information call Chase Wright 404.502.7756
The center features a diverse tenant mix, including a fully built-out restaurant space equipped with a 1,000+ gallon underground grease trap. The property currently has one vacancy, providing an immediate value-add opportunity.
The site has 35 parking spaces located at both the front and rear of the property, in addition to a multi-tenant pylon sign that enhances tenant exposure. Secure rear private gate supports operational convenience. Current rental rates are below market.
For more information call Chase Wright 404.502.7756
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,460 SF
Building Class
B
Year Built
2008
Price
$1,550,000
Price Per SF
$207.77
Percent Leased
88%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.27
Lot Size
0.63 AC
Zoning
C1
Parking
35 Spaces (4.69 Spaces per 1,000 SF Leased)
Frontage
172’ on Covington Hwy
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
- -
-
Lorem Ipsum
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Jan 0000
Since their first store opened at South Dekalb Mall in Atlanta, Georgia, it has been their mission to welcome every guest as a part of the family and serve them the kind of food they’d be proud to have on their own kitchen table. And like any big family some of their stores are a little unique, maybe even downright quirky but they pride themselves on serving great food and always striving to make each visit for their guests better than the last. So, come join them at their table. The fryers are bubbling, and the grill is hot n’ ready for whatever their customers taste buds are craving. Because when customers come to American Deli, they’re family.
- Vincent Computers
- Services
- -
- -
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Lorem Ipsum
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Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | - | - | Lorem Ipsum | Jan 0000 | |
| Vincent Computers | Services | - | - | Lorem Ipsum | Jan 0000 |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Some public transit
40/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 15-163-05-047 | Improvements Assessment | $248,282 |
| Land Assessment | $237,238 | Total Assessment | $485,520 |
Property Taxes
Parcel Number
15-163-05-047
Land Assessment
$237,238
Improvements Assessment
$248,282
Total Assessment
$485,520
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