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4960 Covington Hwy Decatur, GA 30035

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For Sale
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Fully leased retail center with value-add opportunities in Decatur, GA.

Property size:
20,280 SF
Lot size:
2.30 Acres

Property Features for 4960 Covington Hwy

General Information

Standard status
Active
Zoning
C-3
Size
20,280 SF
Lot size
2.30 Acres

Building Details

Year built
1989

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Listing Contact
Runako Daley
Source: Crexi

Listing Agent: Runako Daley

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Decatur Retail Center For Sale

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.
Location Intelligence

Current Use by Public Records

Yeye's Botanica East (Bike/Boat/Book/etc) Store Best Cleaners Hotel & Motel Mr. Gee's Automotive ... Auto Repair Shop ATL-M.L.S.A. (Metro Leadership ... Arcade & Gaming Center Progress smoke shop Department Store

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Auto Repair Shop Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Decatur
County
DeKalb
State
Georgia
Longitude
-84.212088
Latitude
33.734055

FAQs

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 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.
More about this property
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