257 Dekalb Industrial Way Decatur, GA 30030-2203
This exceptional investment opportunity presents a ±19,350 square foot, single-tenant auto repair facility located at 257 Dekalb Industrial Way, Decatur, GA 30030. The property, built in 1958 and extensively renovated in 2024 ($250,000 in improvements), sits on approximately 1.69 acres and includes ±40 parking spaces. The building is currently leased to True Automotive under a corporate-guaranteed, Triple Net (NNN) lease with a 15-year initial term and four 5-year renewal options. Rent increases by 10% every five years, providing excellent inflation protection. The current Net Operating Income (NOI) is $271,430, representing a 7.00% cap rate on the asking price of $3,877,572. A portion of the property (approximately 10%) is subleased for $42,000 annually, though this area lacks direct street access. This turnkey investment offers a secure, long-term income stream with a strong, established tenant in a desirable location. The property's recent renovations include a completely updated lobby, ensuring a modern and appealing space for the tenant and future growth. The lease structure, combined with the tenant's financial strength and the property's strategic location, makes this an attractive opportunity for investors seeking stable, long-term returns.
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Neil's Restorations Auto Repair Shop
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TRUE Automotive Auto Repair Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M · Decatur, GADecatur. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.