Grocery Store Building With
For Sale
$700,000
4014 Glenwood Road, Decatur, GA 30032
The offering combines an operating grocery business with two additional tenants occupying the property.
Property Size4,256 SF
Days on Market50
Property Features for 4014 Glenwood Road
General Information
Standard status
Active
Size
4,256 SF
Property subtype
Retail
Financials
Asking Price
$799,000
Business Included
Yes
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$6,943
Building Details
Building Size
4,256 SF
Year Built
1968
Tenancy
Multi
Listing Agency:
Best Realty Specialists, Inc.
Listed By:
Julin Gu
(678) 910-3298
Source:
Beacham
Added: Sep 16
Changed: Oct 31
Last Checked: Nov 3 at 3:14PM
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 Best Realty Specialists, Inc.
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Investment Insights
Based on property information with market context.
This offering combines a grocery store business with its commercial building and two additional tenants. The property contains 4,256 square feet and was constructed in 1968, providing an established retail setting for the primary operation and other occupants.
The site is near the Glenwood Road exit of I-285 in Decatur, supporting access to the surrounding area. Recent improvements include new exterior painting and signage. Multiple years remain on the leases for the two additional tenants, adding existing occupancy alongside the grocery operation.
The site is near the Glenwood Road exit of I-285 in Decatur, supporting access to the surrounding area. Recent improvements include new exterior painting and signage. Multiple years remain on the leases for the two additional tenants, adding existing occupancy alongside the grocery operation.
Key Highlights
- Grocery store business and building offered together
- 4,256‑square‑foot property constructed in 1968
- Two additional tenants with multiple years remaining on their leases
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,862
Cap Rate
8.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,197,240
$1.2M
Cap Rate 7%
$855,171
$855.2K
Cap Rate 9%
$665,133
$665.1K
Market Conditions
NOI Build-Up for 4,256 SF
Gross rent
$93.5K $21.96/SF
− Vacancy
−$7.9K −$1.87/SF
EGI
$85.5K $20.09/SF
− OpEx
−$25.7K −$6.03/SF
NOI
$59.9K $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%
$1,197,240
Cap Rate 7%
$855,171
Cap Rate 9%
$665,133
Alternative Uses
Best Use
Specialty Retail
$977.1K
$855.0K – $1.14M
NOI $68,396 @ 7.0% cap · market cap 9.77%
Second Best
Retail
$855.2K
$748.3K – $997.7K
NOI $59,862 @ 7.0% cap · market cap 8.55%
Theoretical Best
Office A
$1.19M
$1.04M – $1.39M
NOI $83,280 @ 7.0% cap · market cap 11.90%
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
Lease Details
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
447
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
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- WayField Foods — 1757 Columbia Dr, Decatur, GA 30032
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - The offering combines an operating grocery business with two additional tenants occupying the property.
Where is this grocery and convenience store located?
The property is located at 4014 Glenwood Road Decatur, GA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Grocery store business and building offered together; 4,256‑square‑foot property constructed in 1968; Two additional tenants with multiple years remaining on their leases
