Decatur Retail Space
For Sale
Contact for pricing
2847 Candler Rd, Decatur, GA 30034
Retail space available for sale in Decatur, Georgia.
Property Size14,152 SF
Price / SF$200
Days on Market919
Property Features for 2847 Candler Rd
General Information
Standard status
Active
Size
14,152 SF
Property subtype
Retail
Occupancy
100%
Lease Type
NN
Investment Type
Net Lease
Net Operating Income
$169,824
Building Details
Tenancy
Single
Listing Agency:
Bang Realty
Listed By:
Brian Brockman · License #701472
(859) 581-1113
Source:
Crexi
Added: Apr 30, 2024
Changed: Nov 3
Last Checked: Nov 3 at 5:30AM
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 Bang Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
A retail space is available for sale. The property has a size of 14152 square feet and is located in Decatur, Georgia.
Key Highlights
- Exclusively Listed
- In association with Brian Brockman
- GA License No. 378952
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$199,053
Cap Rate
7.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,981,060
$4.0M
Cap Rate 7%
$2,843,614
$2.8M
Cap Rate 9%
$2,211,700
$2.2M
Market Conditions
NOI Build-Up for 14,152 SF
Gross rent
$310.8K $21.96/SF
− Vacancy
−$26.4K −$1.87/SF
EGI
$284.4K $20.09/SF
− OpEx
−$85.3K −$6.03/SF
NOI
$199.1K $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%
$3,981,060
Cap Rate 7%
$2,843,614
Cap Rate 9%
$2,211,700
Alternative Uses
Best Use
Retail
$2.84M
$2.49M – $3.32M
NOI $199,053 @ 7.0% cap · market cap 7.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.96M
$3.46M – $4.62M
NOI $276,922 @ 7.0% cap · market cap 9.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
955
Businesses Nearby
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
Frequently Asked Questions
What type of property is this?
Retail space - Retail space available for sale in Decatur, Georgia.
Where is this retail space located?
The property is located at 2847 Candler Rd Decatur, GA.
What is the asking price?
The asking price for this property is $2,830,400.
What are key features of this property?
This property features: Exclusively Listed; In association with Brian Brockman; GA License No. 378952
