Leased Retail Investment with
For Sale
Contact for pricing
2978-2980 Rainbow Drive, Decatur, GA 30034
Three fully leased retail spaces are supported by recent roof replacement and HVAC system upgrades.
Property SizeContact for details
Days on Market122
Property Features for 2978-2980 Rainbow Drive
General Information
Standard status
Active
Property subtype
Retail
Occupancy
100%
Building Details
Tenancy
Multi
Listing Agency:
Crye-Leike Commercial
(770) 209-1700
Listed By:
Matthew Levin · License #19351
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 23 at 10:20AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Crye-Leike Commercial
Investment Insights
Based on property information with market context.
This 100% leased retail investment features three tenant spaces. Under the leases, tenants pay rent while the landlord pays operating expenses, and tenants pay utilities. Significant building improvements include roof replacement across over 60% of the building and replacement of all HVAC systems.
The property is located on Rainbow Drive in south DeKalb County. The Gallery at South DeKalb mall, anchored by Macy’s, is located at Rainbow Drive and Candler Road, with nearby national retailers including Big Lots, CVS Pharmacy, and Dollar Tree, plus several fast-food brands listed in the remarks.
This offering is structured as a multi-tenant retail asset with completed building systems upgrades and established lease coverage across all spaces.
The property is located on Rainbow Drive in south DeKalb County. The Gallery at South DeKalb mall, anchored by Macy’s, is located at Rainbow Drive and Candler Road, with nearby national retailers including Big Lots, CVS Pharmacy, and Dollar Tree, plus several fast-food brands listed in the remarks.
This offering is structured as a multi-tenant retail asset with completed building systems upgrades and established lease coverage across all spaces.
Key Highlights
- 100% leased 3‑tenant retail investment on Rainbow Drive in south DeKalb County
- Tenants pay rent; landlord pays operating expenses under each lease
- All utilities are paid by tenants
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
945
Businesses Nearby
Balanced
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
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Rainbow Village Shopping Center — 2626 Rainbow Way, Decatur, GA 30034
- Lyft Sign-up Center — 2801 candler rd located in: the gallery at south, decatur, ga 30034
- Sunshine Shopping Center — Sunshine Shopping Center, Candler Rd, Decatur, GA 30034
- The Gallery at South DeKalb — 2801 Candler Rd, Decatur, GA 30034
Frequently Asked Questions
What type of property is this?
Shopping center - Three fully leased retail spaces are supported by recent roof replacement and HVAC system upgrades.
Where is this shopping center located?
The property is located at 2978-2980 Rainbow Drive Decatur, GA.
What are key features of this property?
This property features: 100% leased 3‑tenant retail investment on Rainbow Drive in south DeKalb County; Tenants pay rent; landlord pays operating expenses under each lease; All utilities are paid by tenants
