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31133168
31133169

4960 Covington Hwy, Decatur, GA 30035

RD
GA 438545
KS
GA 324834
THE DALEY GROUP
Listed by THE DALEY GROUP
$2,850,000
95 days on market
Updated 5 days ago

McLain Square

Details
Property Type Retail
Sub Type Auto Shop, Storefront (+1)
Square Footage 20,280
Units 10
Cap Rate 5.73%
Occupancy 100%
Tenancy Multi
Lease Type Modified
Price per SqFt $141
Year Built 1989
Acreage 2.300
Zoning C-3
Investment Type Core+

Retail | 5.73% CAP | 20,280 SqFt

Marketing description

Opportunity to acquire a fully leased approximately ±20,280 SF retail center on Covington Hwy in

Decatur, GA. The approximately ±2.30-acre site has 374 feet of street frontage on one of Decatur’s

busiest thoroughfares. The site provides great visibility, access, and promising potential for future

high-impact development. Conveniently positioned just 15 minutes from Downtown Atlanta and

less than 30 minutes from Hartsfield-Jackson International Airport.

Value Add Opportunity:

• Increase base rental rate on expiring leases to meet

market rents.

• Further monetize the excess parking lot with pad

site development

• Potential conversion into a mixed-use project (retail

+ multifamily or office) given zoning flexibility (C-3

Commercial).

• Leverage high traffic counts (±30,000 VPD) by

adding digital signage for tenant advertising and

third-party revenue.

• Sample renderings can be provided upon request.

Listing Contacts

RD
GA 438545
KS
GA 324834
THE DALEY GROUP
Listed by THE DALEY GROUP

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Additional Information

Name
Runako Daley
License
438545
Brokerage
The Daley Real Estate Group, LLC
Brokerage Phone
8007183804
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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