Decatur Retail Space
For Sale
Contact for pricing
2847 Candler Rd, Decatur, GA 30034
Retail space available for sale in Decatur, Georgia.
Property Size14,152 SF
Price / SF$200
Days on Market828
Property Features for 2847 Candler Rd
General Information
Standard status
Active
Size
14,152 SF
Property subtype
Retail
Listing Agency:
Bang Realty
(888) 737-2264
Listed By:
Brian Brockman · License #701472
Source:
Crexi
Added: Apr 30, 2024
Changed: Jul 6
Last Checked: Aug 4 at 10:37AM
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 Bang Realty
Investment Insights
Based on property information with market context.
A retail space is available for sale. The property has a size of 14152 square feet and is located in Decatur, Georgia.
Key Highlights
- Exclusively Listed
- In association with Brian Brockman
- GA License No. 378952
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $310.8k | $21.96 |
| − Vacancy | −$26.4k | −$1.87 |
| EGI | $284.4k | $20.09 |
| − OpEx | −$85.3k | −$6.03 |
| NOI | $199.1k | $14.07 |
14,152 SF · lease $21.96/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.84M
$2.49M – $3.32M
NOI $199,053 @ 7.0% cap · market cap 7.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.96M
$3.46M – $4.62M
NOI $276,922 @ 7.0% cap · market cap 9.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
372
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Retail space available for sale in Decatur, Georgia.
Where is this retail space located?
The property is located at 2847 Candler Rd Decatur, GA.
What is the asking price?
The asking price for this property is $2,830,400.
What are key features of this property?
This property features: Exclusively Listed; In association with Brian Brockman; GA License No. 378952
