Restaurant Building with
New
For Sale
$1,390,000
2675 WESLEY, Decatur, GA 30034
Commercial Sale, Decatur, GA
Property Size4,147 SF
Lot Size0.85 Acres
Price / SF$335.18
Days on Market1
Property Features for 2675 WESLEY
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C1
Parking
51
Parking features
Parking Lot
Window features
Wood Frames
Directions
Take I-85 South toward Atlanta Merge onto I-285 South Take I-20 East Take Exit 68
Standard status
Active
Lot size
0.85 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
16234
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1972
Floors in Building
1
Listing Agency:
Virtual Properties Realty. Biz · United Real Estate
(770) 495-5050
Listed By:
Bong Lee
(678) 699-7563
Added: Sep 11
Last Checked: Sep 11 at 5:06PM
MLS# 7836454
Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This restaurant property includes an existing building configured for food-service operations, with a surface parking lot providing approximately 53 spaces. The site encompasses approximately 0.85 acres and carries C1 zoning. Constructed in 1972, the property is served by public water and public sewer.
The property is located in Decatur, GA, along Wesley Chapel Rd. Its surrounding commercial setting includes residential neighborhoods, retail businesses, restaurants, and other commercial uses. The existing improvements provide a basis for continued restaurant operations or a future renovation tailored to a new business concept.
The property is located in Decatur, GA, along Wesley Chapel Rd. Its surrounding commercial setting includes residential neighborhoods, retail businesses, restaurants, and other commercial uses. The existing improvements provide a basis for continued restaurant operations or a future renovation tailored to a new business concept.
Key Highlights
- Existing restaurant configuration in a commercial building
- Approximately 53 parking spaces in a surface lot
- Approximately 0.85‑acre commercial site
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$66,644
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.79%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,332,880
$1.3M
Cap Rate 7%
$952,057
$952.1K
Cap Rate 9%
$740,489
$740.5K
Market Conditions
NOI Build-Up for 4,147 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$95.5K $23.04/SF
− Vacancy
−$6.7K −$1.61/SF
EGI
$88.9K $21.43/SF
− OpEx
−$22.2K −$5.36/SF
NOI
$66.6K $16.07/SF
Area
DeKalb County, GA
Vacancy
7.00%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,332,880
Cap Rate 7%
$952,057
Cap Rate 9%
$740,489
Alternative Uses
Best Use
Specialty Retail
$952.1K
$833.1K – $1.11M
NOI $66,644 @ 7.0% cap · market cap 4.79%
Second Best
Retail
$833.3K
$729.1K – $972.2K
NOI $58,329 @ 7.0% cap · market cap 4.20%
Theoretical Best
Office A
$1.16M
$1.01M – $1.35M
NOI $81,147 @ 7.0% cap · market cap 5.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
140
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30034, GA
47,450
Population
20,553
Households
2.3
Avg Household Size
38
Median Age
29%
College-Educated
93%
High-School Grad
16.8 sq mi
ZIP Area
2,824
Density / Sq Mi
$60,551
Median Household Income
$39,134
Median Earnings
$1,427
Median Rent
$228,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Restaurant - Existing restaurant configuration on a commercial site with surface parking and public water and sewer service.
Where is this restaurant located?
The property is located at 2675 WESLEY Decatur, GA.
What is the asking price?
The asking price for this property is $1,390,000.
What are key features of this property?
This property features: Existing restaurant configuration in a commercial building; Approximately 53 parking spaces in a surface lot; Approximately 0.85‑acre commercial site
