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27189386
27189387

3182 Glenwood Rd, Decatur, GA 30032 For Sale

CG
GA 361032
KW Commercial First Atlanta
Listed by KW Commercial First Atlanta
$1,400,000
297 days on market
Updated 69 days ago

Stabilized Multi Tenant Retail | Publix Shadow Anchor

Details
APN 15 183 26 006
Property Type Retail
Sub Type Storefront
Square Footage 4,740
Net Rentable (SqFt) 4,740
Cap Rate 5.06%
NOI $70,790
Occupancy 100%
Brand/Tenant Jackson Hewitt
Pro-Forma Cap Rate 5.06%
Pro-Forma NOI $70,790
Price per SqFt $295
Year Built 1950
Buildings 1
Stories 2
Acreage 0.690
Zoning C-2, General Commercial

Retail | 4,740 SqFt | Below-Market Leases | New Publix Redevelopment Nextdoor

Marketing description

3182 Glenwood Road is a 4,740 SF, two-tenant commercial retail property in Decatur, ideally positioned directly across from one of the most transformative developments underway in Southwest DeKalb. The ground floor is leased to Jackson Hewitt through 2027, while the second floor is occupied by Swim Suites, renewing in early 2026. Both tenants have recently renovated their spaces, minimizing short-term capital requirements. Current rents are below market, offering immediate upside at the next lease renewals.

The building’s location—on Glenwood Road immediately adjacent to the Candler Road intersection—places it directly opposite Candler Crossing, a catalytic $28.9M grocery-anchored redevelopment featuring a ~50,300 SF Publix, ~11,200 SF of retail / restaurant space, plazas, greenspace, and enhanced pedestrian amenities. Candler Crossing is expected to break ground in spring 2026 and begin tenant occupancy in late 2027.

As this corner transforms into a high-traffic neighborhood hub, the upside potential for increased rents, improved tenant interest, and greater property visibility will likely flow to 3182 Glenwood Road. For an investor seeking a stable cash-flow asset with embedded growth tied to a marquee redevelopment, this offering is uniquely well-positioned.

Investment highlights

  • Nationally recognized tenant base

  • Recent renovations to modernize the tenant spaces, reducing near-term capex

  • Below-market leases, offering significant upside potential on upcoming renewals

  • Directly across from the $28.9 million Candler Crossing redevelopment, which is a Publix-anchored shopping center

  • High visibility along Candler Road with strong traffic counts

  • Excellent location between Downtown Decatur, East Atlanta Village, and Kirkwood, and within minutes to I-285

  • The area is densely populated with 100,000+ residents within a 3-mile radius with rising household growth and consumer demand

Listing Contacts

CG
GA 361032
KW Commercial First Atlanta
Listed by KW Commercial First Atlanta

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$70,790.00
$5,899.17/mo

Valuation Metrics

0
DSCR
5.06%
Cap Rate
5.06%
ROI

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Additional Information

Name
Charlie Gonzalez
License
361032
Brokerage
KW Commercial First Atlanta
Brokerage Address
200 Glenridge Point Parkway
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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