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Property profile & analytics
OFF-MARKET
Strip malls

1065 Columbia Dr Decatur, GA 30030-4728

13,300 SF 0.01 ac lot Built 1964
Entity Owned 22-yr Hold Absentee Owner Free & Clear
Property ID
US22-1487991
Property summary
AI-generated overview

This Decatur, Georgia retail property, known as Columbia Shoppes, offers 1,000 square feet of immediately available space within a 13,000-square-foot shopping center located at 1065 Columbia Drive, Decatur, GA 30030. The property, built in 1964 and renovated in 2004, is situated on a 2.1-acre lot and features a single, one-story building with 70 parking spaces. The space is part of a multi-tenant shopping center, zoned C-1 for commercial retail and medical uses (with limited restaurant options). The property boasts excellent visibility at a regional retail trading intersection, with high traffic counts on Columbia Drive (19,610 cars daily) and Memorial Drive (26,000 cars daily). The minimum divisible space is 1,000 square feet, with a maximum contiguous space also of 1,000 square feet. The building's floor area ratio (FAR) is 0.14. The property is located in the Decatur/East Atlanta submarket, within the Dekalb cluster, and has a cross street of Memorial Drive. The asking rent is $18.00 per square foot, plus $3.75 per square foot in NNN charges. The property's APN is 15-210-02-012.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1964
Construction WOOD FRAME
Total area 13,300 SF
Lot 0.01 ac (436 SF)
Zoning code RM75
APN 15 217 02 012
UPID US22-1487991
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Papa John's Pizza Restaurant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
COLUMBIA SHOPPES LLC
COLUMBIA SHOPPES LLC
Zoning & alternative use
RM75 · Decatur, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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