3795 Druid Hills Rd Decatur, GA 30033
- Retail properties
- 4,260 SF
Current Use by Public Records
- Chick-fil-A / Family Restaurant / Fast Food Restaurant
- US Porta Potty Rentals - North Decatur / Portable Toilet Supplier
Property Details for 3795 Druid Hills Rd
- Year built
- 2024
- Property size
- 4,260 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional investment opportunity presents a brand-new, 4,260 square foot Chick-fil-A restaurant in Decatur, Georgia. Built in 2024, this single-story building sits on a 1.05-acre lot (43,560 sq ft) with 33 parking spaces and boasts a 100% occupancy rate. The property features a new 15-year NNN ground lease with Chick-fil-A, including seven 5-year options with 8% rent increases every five years. This is a truly passive investment with no landlord responsibilities. The asking price is $3,750,000, representing a 4.00% cap rate and a net operating income (NOI) of $150,000. The property is strategically located at 3795 N Druid Hills Rd, Decatur, GA 30033, offering convenient access to I-285 and US Hwy 78. This location is a non-drive-thru prototype with an 84-seat dining area and multiple curbside delivery, take-out, and mobile-order options, replacing a previously closed location nearby. The property benefits from its position in a densely populated and affluent area, with over 10,966 residents and average household incomes exceeding $144,742 within a 1-mile radius. Furthermore, it's situated on an outparcel of a redeveloping 73-acre mixed-use development, "Lulah Hills," projected to include significant retail, residential, and green space additions by 2028. This property is ideal for a 1031 exchange due to its passive nature and strong tenant. The APN is 18-100-04-019.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Decatur
- County
- DeKalb
- State
- Georgia
- Longitude
- -84.2788
- Latitude
- 33.8114
