Technical
Financial
Distress signals
Property profile

4570 Memorial Dr Decatur, GA 30032

FOR LEASE
Community centers
Property ID
US22-1029393
120,074 SF 17.6 ac lot Built 1969
Entity Owned 20-yr Hold Absentee Owner ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Dental Office
  • Clothing Store Discount Store
  • Dental Office
  • Medical Clinic

Location

4570 Memorial Dr Decatur, GA 30032
Decatur metro Census 23113 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
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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

since 2006
2 recorded transactions
2006
$62,500
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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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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