2847 Candler Rd Decatur, GA 30034

Property Details for 2847 Candler Rd

Lot size

18.00 lot acres

Property size

2,868 SF

Zone code

C1

Property type

Commercial real estate

APN

15 120 02 084

APU

1512002084

Description

This Decatur, Georgia, investment opportunity presents a 14,152 square foot Firestone auto shop, a subsidiary of Bridgestone Corporation (OTCMKTS: BRDCY), boasting an S&P rating of A and over $37 billion in annual revenue. Located at the intersection of I-20 and Candler Road, this property benefits from high visibility and traffic counts (36,603 cars daily) as an outparcel to The Gallery at South Dekalb Shopping Mall. The current lease, a single-tenant net lease (NN), has approximately 3.5 years remaining, with annual rent increases of $1.00 per square foot and a five-year option at a $2.00 per square foot increase. The asking price is $2,830,400, representing a 6.00% cap rate and a price per square foot of $200. The property features 100% occupancy and a strong net operating income (NOI) of $169,824. This fee-simple ownership (land and building) offers a stable, corporate-backed investment with a proven operating history. The location provides convenient access to Downtown Atlanta (10 minutes) and Hartsfield-Jackson International Airport (20 minutes). Surrounding national retailers include McDonald's, KFC, Dunkin', and many others, indicating a strong retail environment. The property's strong demographics, including a median household income of $67,307 within a 30-minute drive, further enhance its investment appeal. This is a rare opportunity to acquire a well-established, high-performing asset in a prime location.