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Property profile & analytics
FOR SALE
Medical Office Space

2855 Candler Rd Decatur, GA 30034

17,500 SF 1.63 ac lot Built 1973
Entity Owned 20-yr Hold ~ Est. High Equity
Property ID
US22-4154477
Property summary
AI-generated overview

This exceptional 17,500-square-foot medical office building in Decatur, Georgia, presents a compelling investment opportunity. Located at 2855 Candler Rd, in DeKalb County (zip code 30034), this single-story, Class B building boasts a 100% occupancy rate with a diverse mix of established medical tenants, including OB/GYN, chiropractic, podiatry, primary care, pediatric, and orthodontic practices. Some tenants have occupied the building for over two decades, demonstrating strong tenant loyalty and stability. Built in 1973, the property sits on a 1.586-acre lot and features 91 parking spaces, ensuring ample convenience for patients and staff. Its strategic location just inside I-285 (ITP), near I-20, and at the main entrance to The Gallery at South DeKalb regional mall provides excellent visibility and accessibility. The property benefits from a signalized intersection with easy ingress/egress and a MARTA bus stop nearby. Its proximity to East Lake Golf Club, Georgia State University's Perimeter Campus, and Hartsfield-Jackson Atlanta International Airport further enhances its appeal. The property is zoned C1 and comprises six units within a single building. This well-maintained asset offers a rare opportunity to acquire a fully occupied, high-performing medical office building in a densely populated area of Atlanta with strong historical occupancy. The property's location and tenant mix provide a stable and attractive investment profile.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1973
Construction WOOD FRAME
Total area 17,500 SF
Lot 1.63 ac (71,003 SF)
Zoning code C1
APN 15 120 02 090
UPID US22-4154477
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
  • ESTEEM Counseling and Consulting Services Crisis Center Medical Clinic
  • Dr. Edward C. Mack, MD Physician
  • Genesys Pediatrics Hospital Children's Hospital
  • Dr. Suzette Clements, DPM - Flatshoals Foot & Ankle Center Physician
  • Laser Nail Therapy- Largest Toenail Fungus Treatment Center Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.30M
Owner & transaction history
Fedgar LLC · 20 yrs held
Fedgar LLC
since 2006
7 recorded transactions
2006
Price N/A
2004
$1.1M
2004
$980,000
1969
Price N/A
1969
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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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