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Property profile & analytics
FOR LEASE
Community centers

4570 Memorial Dr Decatur, GA 30032

120,074 SF 17.6 ac lot Built 1969
Entity Owned 20-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US22-1029393
Property summary
AI-generated overview

This exceptional retail opportunity is located within the Memorial Drive Shopping Center in Decatur, Georgia, in DeKalb County. Situated at the highly visible intersection of I-285 and Memorial Drive, this power center offers unparalleled access and exposure to a large customer base. Currently, there is 14,827 square feet of vacant space available, divisible into units ranging from a minimum of 1,500 square feet to a maximum contiguous space of 5,677 square feet. The property's prime location ensures high visibility and convenient access for customers. This makes it ideal for a variety of retail businesses seeking a strong presence in a thriving community. The flexible space allows for customization to suit individual tenant needs. The shopping center's existing tenant mix and high traffic volume create a synergistic environment for new businesses. This is a rare opportunity to secure a prominent retail space in a highly desirable location with excellent visibility and accessibility. The property is located at 4570 Memorial Dr, Decatur, GA 30032. Serious inquiries are encouraged to explore this exceptional retail space.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1969
Total area 120,074 SF
Lot 17.6 ac (766,656 SF)
APN 18 012 02 025
UPID US22-1029393
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
  • Metro Decatur Dental Group PC Dental Office
  • D&K Suit City Clothing Store Discount Store
  • Dr. Gary Simms Dental Office
  • Octapharma Plasma Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.28M
Blend (final) Blend
$4.78M
Owner & transaction history
Georgia Department Of Transpor · 20 yrs held
Georgia Department Of Transpor
since 2006
2 recorded transactions
2006
$62,500
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
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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