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    2641 College Ave Decatur, GA 30030

    Sponsored
    For Lease
    $30 SF/Yr

    Modern Retail Space, Decatur, GA

    Lot size:
    25,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity is located at 2641 E College Ave in Decatur, Georgia, within Dekalb County (zip code 30030). The property, built in 2022, boasts a total of 25,000 square feet across six stories, currently featuring one suite. A significant portion of the space, totaling 4,471 square feet, is currently vacant and available for lease. The building offers multiple tenancy options, making it suitable for a variety of retail or restaurant concepts. The available space ranges from approximately 2,666 to 4,471 square feet, providing flexibility for businesses of different sizes. This development is strategically positioned as a MARTA Transit Oriented Development, offering convenient access to public transportation. Its design is inspired by the charm of Decatur Square, creating a desirable and attractive environment for businesses and customers alike. Furthermore, the property benefits from its proximity to the Atlanta Regional PATH bike-walking trail, enhancing its accessibility and appeal. The location is also highly walkable from the affluent Winnona Park neighborhood, ensuring a strong potential customer base. This property presents a unique chance to establish a thriving business in a vibrant and well-connected community.

    Property Features for 2641 College Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    25,000 SF
    Total Rate
    62500

    Building Details

    Year Built
    2022
    Stories
    6

    Unit(s) available at that property

    Space
    Suite D
    Size
    4,471 SF
    Rate per SF
    $30
    Space
    Suite B1
    Size
    2,666 SF
    Rate per SF
    $30
    Property Profile Location Intelligence

    Current Use by Public Records

    Hedgehog Insurance Agency Insurance Agency Waxed by Nic Spa Cortland Decatur East ... Parking Garage EZ Credit Repair Credit Counseling Service Cortland Decatur East Apartment Complex

    Suggested Use

    Restaurant Realty agency Building Supply Law Firm Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Dekalb
    State
    Georgia
    Longitude
    -84.2817097
    Latitude
    33.7724985

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    FAQs

    What type of property is this?
    Restaurant - Modern Retail Space, Decatur, GA
    Where is this restaurant located?
    The property is located at 2641 College Ave Decatur, GA.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    Request Owner's contact information
    2641 College Ave Decatur, GA 30030
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    Decatur, GA 30030
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2641 College Ave Decatur, GA 30030
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