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33763498
33763499

2855 Candler Road, Decatur, GA 30034

AG
GA 300836
eXp Realty
Listed by eXp Realty
$2,450,000
1 day on market
Updated 1 day ago

2855 Candler Road

Details
APN 15 120 02 090
Property Type Office
Sub Type Medical Office
Square Footage 17,500
Net Rentable (SqFt) 15,750
Units 8
Cap Rate 9.02%
NOI $220,927
Occupancy 94%
Tenancy Multi
Lease Type Gross
Pro-Forma Cap Rate 10%
Pro-Forma NOI $244,927
Price per SqFt $140
Class B
Year Built 1973
Year Renovated 2024
Buildings 1
Stories 1
Acreage 2.850
Zoning C1
Parking Spaces 91 spaces
Parking Per SqFt 5.20
Investment Type Stabilized

Office | 9.02% CAP | 17,500 SqFt

Marketing description

eXp Realty, LLC is pleased to present the sale of 2855 Candler Road, a stabilized ±17,500 SF medical office investment located in Decatur, Georgia. The Property is 94% occupied by a diversified mix of neighborhood medical and healthcare-oriented tenants, including chiropractic, podiatry, primary care, hair replacement, and orthodontic practices.

The Property is strategically positioned in South DeKalb along the Candler Road corridor, just inside I-285 and near I-20, at the main entrance of The Gallery at South DeKalb regional mall. The location offers convenient regional access, strong parking, nearby MARTA service, and visibility within a dense Atlanta-area trade area.

Recent ownership improvements include a new TPO roof installed in 2024, along with a recently resealed and restriped parking lot, helping reduce near-term capital exposure for future ownership while enhancing the Property's curb appeal and functionality. With in-place income, long-standing tenancy, and essential service-based medical use, the Property offers investors a durable cash-flowing asset in an established metro Atlanta submarket.

Investment highlights

  • ±17,500 SF single-story medical office building located in Decatur, GA
  • 94% occupied by a diversified mix of healthcare and service-based tenants
  • New TPO roof installed in 2024, reducing near-term capital exposure
  • Strong medical tenant mix including chiropractic, podiatry, primary care, hair replacement, and orthodontic practices
  • $230,827 NOI with a 9.42% cap rate at the $2.45 million offering price
  • 91 surface parking spaces with a convenient 5.2:1 parking ratio for patients, staff, and visitors
  • Positioned near I-285 and I-20 at the main entrance of The Gallery at South DeKalb
  • Located in a dense South DeKalb trade area with strong demand for neighborhood healthcare services

Listing Contacts

AG
GA 300836
eXp Realty
Listed by eXp Realty

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$220,927.00
$18,410.58/mo

Valuation Metrics

0
DSCR
9.02%
Cap Rate
9.02%
ROI

Map

Zoning

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C-1 CommercialNeighborhood CommercialLocal Commercial
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Last updated Feb 2, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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