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22225811
19979278

2855 Candler Rd, Decatur, GA 30034

SW
GA 275556
Bull Realty
Listed by Bull Realty
$2,400,000
1254 days on market
Updated 100 days ago

South Dekalb Professional Building | ± 17,500 SF

Details
APN 15-120-02-090
Property Type Office
Sub Type Medical Office, Traditional Office
Square Footage 17,500
Units 6
Cap Rate 7.70%
NOI $184,927
Occupancy 100%
Tenancy Multi
Price per SqFt $137
Class B
Year Built 1973
Buildings 1
Stories 1
Acreage 2.850
Zoning C1
Parking Spaces 91 spaces
Parking Per SqFt 5.20

South Dekalb Professional Building | ± 17,500 SF

Marketing description

Located in South DeKalb, this property is a 100% occupied, neighborhood, medical office building with practices including chiropractor, podiatrist, primary care, hair replacement and orthodontist. This well-established building has been occupied by some of the current tenants for over 20 years. It is situated just inside I-285 (ITP), near I-20, at the main entrance of The Gallery at South DeKalb regional mall. Located at the signalized intersection, there are easy ingress/egress points as well as a MARTA bus stop.

Additionally, the property is within close proximity to the oldest golf course in the city of Atlanta, East Lake Golf Club, as well as Georgia State University’s Perimeter Campus and Hartsfield-Jackson Atlanta International Airport.

Investment highlights

±17,500 SF Medical Office Building

Sale Price: $2,400,000 | NOI: $184,927 | Cap Rate: 7.7%

New TPO roof installed 2024

94% Occupied with strong historical occupancy

Located in densely populated area of Atlanta

Located within close proximity to I-285 & I-20

Located less than 10 miles from Hartsfield-Jackson Atlanta International Airport

Listing Contacts

SW
GA 275556
Bull Realty
Listed by Bull Realty

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$184,927.00
$15,410.58/mo

Valuation Metrics

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DSCR
7.71%
Cap Rate
7.71%
ROI

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