Tesla Automotive Sales
For Sale
$5,900,000
1580 Church St, Decatur, GA 30033
Renovated facility supports vehicle sales and delivery operations under a net lease structure.
Property Size18,200 SF
Lot Size2.68 Acres
Price / SF$324.18
Days on Market47
Property Features for 1580 Church St
General Information
Standard status
Active
Size
18,200 SF
Class
C
Lot size
2.68 Acres
Property subtype
Retail - Street Retail
Building Details
Building Size
18,200 SF
Year Built
1986
Year Renovated
2019
Tenancy
Single
Listing Agency:
Skyline Seven Real Estate
Listed By:
Elliott Kyle · License #299687
(404) 812-8927
Source:
Commercialcafe
Added: Sep 7
Changed: Oct 21
Last Checked: Oct 23 at 3:57AM
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 Skyline Seven Real Estate
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Investment Insights
Based on property information with market context.
This automotive sales and delivery facility encompasses approximately 18,200 square feet on 2.68 acres. Originally completed in 1986, the property was renovated in 2019 to accommodate Tesla’s operating requirements and brand standards. The improvements support a dedicated vehicle retail and delivery use within a functional automotive setting.
Located at 1580 Church St in Decatur, Georgia, the property is occupied under a net lease. Lease terms include an early 10-year renewal and a scheduled 15% rent increase in 2027. The current term has no remaining renewal options, preserving future flexibility for lease restructuring, re-tenanting, or redevelopment after the existing term.
Located at 1580 Church St in Decatur, Georgia, the property is occupied under a net lease. Lease terms include an early 10-year renewal and a scheduled 15% rent increase in 2027. The current term has no remaining renewal options, preserving future flexibility for lease restructuring, re-tenanting, or redevelopment after the existing term.
Key Highlights
- Tesla sales and delivery facility at 1580 Church St, Decatur, GA 30033
- Approximately 18,200 square feet on 2.68 acres
- Renovated in 2019 for Tesla operating requirements and brand standards
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$255,990
Cap Rate
4.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,119,800
$5.1M
Cap Rate 7%
$3,657,000
$3.7M
Cap Rate 9%
$2,844,333
$2.8M
Market Conditions
NOI Build-Up for 18,200 SF
Gross rent
$399.7K $21.96/SF
− Vacancy
−$34.0K −$1.87/SF
EGI
$365.7K $20.09/SF
− OpEx
−$109.7K −$6.03/SF
NOI
$256.0K $14.07/SF
Area
DeKalb County, GA
Vacancy
8.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,119,800
Cap Rate 7%
$3,657,000
Cap Rate 9%
$2,844,333
Alternative Uses
Best Use
Retail
$3.66M
$3.20M – $4.27M
NOI $255,990 @ 7.0% cap · market cap 4.34%
Second Best
Industrial
$1.58M
$1.39M – $1.85M
NOI $110,872 @ 7.0% cap · market cap 1.88%
Theoretical Best
Office A
$5.09M
$4.45M – $5.94M
NOI $356,132 @ 7.0% cap · market cap 6.04%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,390
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 30033, GA
33,189
Population
15,164
Households
2.2
Avg Household Size
37
Median Age
71%
College-Educated
95%
High-School Grad
8.8 sq mi
ZIP Area
3,771
Density / Sq Mi
$107,647
Median Household Income
$62,976
Median Earnings
$1,752
Median Rent
$430,900
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Decatur Dekalb Storage — 421 dekalb industrial way, decatur, ga 30030
- U-Haul Neighborhood Dealer — 1826 Lawrenceville Hwy, Decatur, GA 30033
Frequently Asked Questions
What type of property is this?
Automotive property - Renovated facility supports vehicle sales and delivery operations under a net lease structure.
Where is this automotive property located?
The property is located at 1580 Church St Decatur, GA.
What is the asking price?
The asking price for this property is $5,900,000.
What are key features of this property?
This property features: Tesla sales and delivery facility at 1580 Church St, Decatur, GA 30033; Approximately 18,200 square feet on 2.68 acres; Renovated in 2019 for Tesla operating requirements and brand standards
