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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.

4421 GLENWOOD RD Decatur GA 30032-5094

[Locked] • APN 15 165 01 109

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Details
Property Type Retail
Sub Type Storefront
Building SqFt 10,467
Lot SqFt 58,301
Acreage ******
Number of Units 1
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code C-1
Year Built 2007
Building Count 1
Opportunity Zone No
Sold Price per Acre ******
Tax Year ******
Tax Land ******

Property History

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Property Type
Property Type
Retail
Marketing Description
This is an excellent opportunity for an investor to acquire a fully stabilized shopping center onto their investment portfolio. Offering a current 7% Cap Rate in a very fast-growing area. Constructed in 2007 with quality, Austin Plaza is a 10,467-square-foot shopping center situated on 1.45 acres with 7 total units and a freestanding billboard. Long-term tenants on triple NNN leases with a yearly minimum 3% escalation on all leases. With over 300 feet of road frontage, the center has outstanding visibility and direct access to Glenwood Road (23,094 VPD). Building construction consists of all brick siding and glass/aluminum-frame storefronts. The subject property offers significant upside potential, making it a lucrative investment opportunity poised for strong cash flow and value appreciation.
Sale Date
******
Sold Price
******
Buyer Borrower 1 Corp Indicator
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Buyer Borrower 1 Name
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Document Number
******
Document Type
******
Recording Book
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Recording Page
******
Resale Flag
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Seller 1 Corp Indicator
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Transaction Type
******
Seller 1 Name
******
Sold By
******
Sold To
******
Activated On
08/20/2019 21:16:08
Sold Price
******
Description
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Marketing Description
******
Marketing Description Text
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Investment Highlights
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Tenancy
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Brokers
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Sale Cap Rate
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Sale Net Operating Income
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Price/Sq Ft
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Asking Price
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Asking Cap Rate
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Asking Price Per Square Foot
******
Days on Market
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Brokerage(s)
******
Property Type
Property Type
Retail
Asking Details
Asking Cap Rate
******
Marketing Description
This is an excellent opportunity for an investor to acquire a fully stabilized shopping center located inside Interstate 285 (Atlanta Perimeter Hwy) within a high-density (254,145 population within 5-mile radius) area of Decatur, a suburb of Atlanta, GA. Constructed in 2007, Austin Plaza is a 10,000-square-foot center located on 1.45 acres. With over 300 feet of road frontage, the center has outstanding visibility and direct access to Glenwood Road (23,094 VPD). Building construction consists of all brick siding and glass/aluminum-frame storefronts. This premium construction provides an owner with very low maintenance responsibilities while offering excellent curb appeal. Easily managed with only seven tenants, the center includes stable service uses such as SavWay Food Mart, MetroPCS, China King Takeout, and a beauty salon and barber shop. The property also includes a freestanding 4-panel billboard.
Investment Highlights
  • Fully Stabilized 7-Tenant Retail Center
  • 4-Panel Billboard on Property
  • Located inside I-285 (Atlanta Perimeter Hwy)
  • 254,145 Population within 5 Miles
  • Service-Oriented Tenants

Loan History

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Financial History

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****** Data
Net Operating Income
******
Reporting Date
******

Tax History

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Contact Information

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Ownership Information

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Property Details

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Contacts

Sold on
 BY:
DC
Douglas Clyburn
•••.•••.2220
••••burn@•••••••••.com
Brokerage logo
Listing removed on
 BY:
SK
SHERMINE KHAKIANI
•••.•••.3925
••••mine@•••••••••••••••.com
Brokerage logo

Map

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