Freestanding Storefront
New
For Sale
$279,900
1715 Candler Rd, Decatur, GA 30032
Single-story space offers a flexible layout for office or retail use.
Property Size1,161 SF
Price / SF$241.09
Days on Market6
Property Features for 1715 Candler Rd
General Information
Standard status
Active
Size
1,161 SF
Property subtype
Commercial
Building Details
Year Built
1950
Listing Agency:
Keller Williams Realty Atl. Partners
Listed By:
Brenda Conley · License #261069
(678) 871-7714
Source:
Searchlikeabroker
Added: Sep 20
Changed: Sep 23
Last Checked: Sep 24 at 10:31AM
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 Keller Williams Realty Atl. Partners
Investment Insights
Based on property information with market context.
This freestanding, single-story storefront at 1715 Candler Road features a flexible interior suitable for professional office or retail operations. Hardwood flooring, central forced-air heat, gated entry, camera surveillance, and dedicated parking are already in place. The property was built in 1950.
Located along Candler Road in DeKalb County, the building benefits from frontage on a major state road and convenient access for visitors. Its standalone configuration and combination of visible positioning, security features, and adaptable interior support a range of office or storefront applications.
Located along Candler Road in DeKalb County, the building benefits from frontage on a major state road and convenient access for visitors. Its standalone configuration and combination of visible positioning, security features, and adaptable interior support a range of office or storefront applications.
Key Highlights
- Freestanding, single‑story storefront building
- Flexible layout for professional office or retail use
- Frontage along Candler Road in DeKalb County
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
$16,330
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
5.83%
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%
$326,600
$326.6K
Cap Rate 7%
$233,286
$233.3K
Cap Rate 9%
$181,444
$181.4K
Market Conditions
NOI Build-Up for 1,161 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
$25.5K $21.96/SF
− Vacancy
−$2.2K −$1.87/SF
EGI
$23.3K $20.09/SF
− OpEx
−$7.0K −$6.03/SF
NOI
$16.3K $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 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%
$326,600
Cap Rate 7%
$233,286
Cap Rate 9%
$181,444
Alternative Uses
Best Use
Retail
$233.3K
$204.1K – $272.2K
NOI $16,330 @ 7.0% cap · market cap 5.83%
Second Best
Office B
$222.1K
$194.3K – $259.1K
NOI $15,547 @ 7.0% cap · market cap 5.55%
Theoretical Best
Office A
$324.5K
$284.0K – $378.6K
NOI $22,718 @ 7.0% cap · market cap 8.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
647
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30032, GA
44,697
Population
20,676
Households
2.2
Avg Household Size
38
Median Age
30%
College-Educated
91%
High-School Grad
13.6 sq mi
ZIP Area
3,287
Density / Sq Mi
$61,292
Median Household Income
$37,443
Median Earnings
$1,364
Median Rent
$245,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Storefront property - Single-story space offers a flexible layout for office or retail use.
Where is this storefront property located?
The property is located at 1715 Candler Rd Decatur, GA.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: Freestanding, single‑story storefront building; Flexible layout for professional office or retail use; Frontage along Candler Road in DeKalb County
