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31305822
31305823

4869 Covington Hwy, Decatur, GA 30035

Stratus Property Group
Listed by Stratus Property Group
$1,550,000
69 days on market
Updated 29 days ago

Premier Plaza

Details
Property Type Retail
Sub Type Restaurant, Shopping Center (+1)
Square Footage 7,460
Units 8
Occupancy 87%
Tenancy Multi
Price per SqFt $208
Year Built 2001
Acreage 0.630
Zoning C-1
Parking Spaces 35 spaces
Parking Per SqFt 4.69
Investment Type Value Add

Retail | 7,460 SqFt

Marketing description

8-unit neighborhood retail center in Decatur, Georgia, presents a value-add opportunity offering both stable in-place income and upside potential. Strategically positioned with convenient access to I-285 and I-20, the property benefits from strong traffic counts of 35,000 +/- average daily vehicles.

The center features a diverse tenant mix, including a fully built-out restaurant space equipped with a 1,000+ gallon underground grease trap. The property currently has one vacancy, providing an immediate value-add opportunity.

The site includes 35 parking spaces located at both the front and rear of the property, in addition to a multi-tenant pylon sign that enhances tenant exposure. A secure rear private gate supports operational convenience. Current rental rates are below market.

Investment highlights

Strategic Location & High Traffic

Immediate Value-Add Opportunity

Below-Market Rents

Listing Contacts

Stratus Property Group
Listed by Stratus Property Group

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