Decatur Retail Center For
For Sale
Contact for pricing
4960 Covington Hwy, Decatur, GA 30035
Fully leased retail center with value-add opportunities in Decatur, GA.
Property Size20,280 SF
Lot Size2.30 Acres
Price / SF$140.53
Days on Market153
Property Features for 4960 Covington Hwy
General Information
Standard status
Active
Size
20,280 SF
Lot size
2.30 Acres
Property subtype
Retail
Zoning
C-3
Occupancy
100%
Lease Type
Modified Gross
Investment Type
Core+
Building Details
Year Built
1989
Units
10
Tenancy
Multi
Listed By:
Runako Daley · License #438545
Source:
Crexi
Added: Mar 18
Changed: Aug 8
Last Checked: Aug 14 at 8:20AM
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 Runako Daley
Investment Insights
Based on property information with market context.
This is an opportunity to acquire a fully leased retail center with approximately 20,280 square feet of space on Covington Highway in Decatur, Georgia. The site, spanning approximately 2.30 acres, features 374 feet of street frontage on a busy Decatur thoroughfare, offering high visibility and access. The location is approximately 15 minutes from Downtown Atlanta and less than 30 minutes from Hartsfield-Jackson International Airport. The property has potential for increased rental income by adjusting rates on expiring leases to meet current market values. There is also potential to monetize the excess parking lot through pad site development. The property's zoning (C-3 Commercial) allows for potential conversion into a mixed-use project, such as retail combined with multifamily housing or office space. The high traffic count of approximately 30,000 vehicles per day presents an opportunity to add digital signage for tenant advertising and third-party revenue.
Key Highlights
- Fully leased ±20,280 SF retail center.
- High traffic location with ±30,000 vehicles per day.
- Value‑add opportunity through increased rental rates and pad site development.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
293
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30035, GA
22,671
Population
8,731
Households
2.6
Avg Household Size
36
Median Age
26%
College-Educated
90%
High-School Grad
8.5 sq mi
ZIP Area
2,667
Density / Sq Mi
$65,733
Median Household Income
$34,246
Median Earnings
$1,522
Median Rent
$217,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Fully leased retail center with value-add opportunities in Decatur, GA.
Where is this shopping center located?
The property is located at 4960 Covington Hwy Decatur, GA.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: Fully leased ±20,280 SF retail center.; High traffic location with ±30,000 vehicles per day.; Value‑add opportunity through increased rental rates and pad site development.
