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Property profile & analytics
OFF-MARKET Estimated value $17,840,000
Super regional malls

2801 Candler Rd Decatur, GA 30034-1423

351,345 SF 51.89 ac lot Built 1970
Entity Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US22-1629758
Property summary
AI-generated overview

The Gallery at South Dekalb, located at 2801 Candler Rd in Decatur, Georgia 30034, offers a significant retail opportunity within Dekalb County. This shopping mall and food court boasts a total of 618,120 square feet, with a substantial 337,742 square feet currently vacant. The property is ideal for multiple tenants, offering flexible space options ranging from a minimum of 270 square feet to a maximum contiguous space of 176,000 square feet. This presents a unique chance for businesses of various sizes to establish a presence in a high-traffic location. The property's address is easily accessible, situated in a well-established commercial area. The available space is perfect for a variety of retail uses, including restaurants, shops, and other commercial enterprises. With 48 spaces available, this property provides a diverse range of options for potential tenants seeking to establish or expand their business in a thriving commercial environment. The substantial vacant square footage offers significant potential for redevelopment and customization to suit individual tenant needs. This is a prime opportunity to secure a prominent location within a well-established shopping center in a high-growth area.

Property profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1970
Total area 351,345 SF
Lot 51.89 ac (2,260,328 SF)
Zoning code C1
APN 15 120 02 083
UPID US22-1629758
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
  • D&K Suit City Clothing Store Discount Store
  • Encore Clothing & Fashion Store
  • Rainbow Shops Clothing & Fashion Store
  • DDS Driver'S License Office
  • Rochell's Diamonds (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$19.53M
Blend (final) Blend
$17.84M
Owner & transaction history
South Dekalb Realty LLC Etal · 4 yrs held
South Dekalb Realty LLC Etal
since 2022
Last sale
$18.4M
7 recorded transactions
2022
$18.4M
2021
$13.4M
2021
$4.5M
2014
Price N/A
2005
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C1 · Decatur, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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