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Freestanding Drive-Through Restaurant
New
For Sale
$825,000

3900 Flat Shoals Parkway, Decatur, GA 30034

Commercial Sale, Decatur, GA

Property Size1,732 SF
Lot Size0.85 Acres
Price / SF$476.33
Days on Market2

Property Features for 3900 Flat Shoals Parkway

General Information

Property type Residential
Property subtype Retail
Zoning NS
Parking 25
Parking features Parking Lot
Window features Display Window(s)
Interior features Restrooms
Accessibility Accessible Approach with Ramp
Lot features Corner Lot, Free Standing, Level
View City
Directions GPS
Standard status Active
Size 1,732 SF
Lot size 0.85 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 20899

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Forced Air
Cooling system Separate Meters, Electric
Water source Public

Building Details

Year built 2006
Floors in Building 1
Flooring type Tile - Ceramic
Building materials Concrete
Roof type Flat
Additional Structures Other
Buildings 1
Listing Agency: Sanders RE, LLC
Listed By: Seun Olagbegi
Added: Oct 28 Last Checked: Oct 29 at 6:06AM
MLS# 7860404

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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This freestanding restaurant property contains 1,732 square feet on a 0.849-acre parcel. Built in 2006, the building has restaurant infrastructure, restrooms, ceramic tile flooring, forced-air heat, electric cooling, and a flat roof. Site features include a parking lot and an accessible approach ramp. The property is zoned NS, with public water and sewer available.

Flat Shoals Parkway frontage connects the site to a commercial corridor in Southeast DeKalb County. Interstate 285 is approximately one minute away, and multiple access points serve the property. Nearby commercial businesses include restaurant brands and service-oriented retailers. The property is offered for sale, lease, or lease option.

Key Highlights

  • 1,732‑square‑foot freestanding restaurant on 0.849 acres
  • Built in 2006; existing restaurant infrastructure and restrooms
  • Frontage along Flat Shoals Parkway with multiple access points

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$27,834
Cap Rate
3.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$556,680 $556.7K
Cap Rate 7%
$397,629 $397.6K
Cap Rate 9%
$309,267 $309.3K
Market Conditions
NOI Build-Up for 1,732 SF
Gross rent
$39.9K $23.04/SF
− Vacancy
−$2.8K −$1.61/SF
EGI
$37.1K $21.43/SF
− OpEx
−$9.3K −$5.36/SF
NOI
$27.8K $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 Rate 5%
$556,680
Cap Rate 7%
$397,629
Cap Rate 9%
$309,267

Alternative Uses

Best Use
Specialty Retail
$397.6K
$347.9K – $463.9K (±1% cap)
NOI $27,834 @ 7.0% cap · market cap 3.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$484.2K
$423.6K – $564.9K (±1% cap)
NOI $33,891 @ 7.0% cap · market cap 4.11%
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

Sonic Drive-In Restaurant

Suggested Use

Top Pick Building Supply Real Estate Agency Kitchen & Bath Showroom Electrical Service Plumbing Service HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

438
Businesses Nearby

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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Drive through restaurant - The restaurant site fronts Flat Shoals Parkway and offers access to Interstate 285 about one minute away.
Where is this drive through restaurant located?
The property is located at 3900 Flat Shoals Parkway Decatur, GA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: 1,732‑square‑foot freestanding restaurant on 0.849 acres; Built in 2006; existing restaurant infrastructure and restrooms; Frontage along Flat Shoals Parkway with multiple access points
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