4421 Glenwood Rd - Freestanding FOR SALE


Decatur, GA 30032
$2,100,000 USD
678-775-2600
4421 Glenwood Rd, Decatur, GA for Sale
$2,100,000 USD
Freestanding - FOR SALE
1/15
null | 7.05% Cap Rate

4421 Glenwood Rd
Decatur, GA 30032


HIGHLIGHTS

  • NOI: $148,001
  • CAP Rate: 7%
  • Build in 2007
  • 1.45 Acres
  • Fantastic Visibility and Great Location

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$179 USD /SF

CAP RATE

7.05%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Austin Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.45 AC

LAND SF

63,162 SF

ZONING

C1

APN/PARCEL ID

15-165-01-109

ASK ABOUT THIS PROPERTY

Shermine KhakianiShermine K Realty LLCMore Info
678-775-2600

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Shermine KhakianiShermine K Realty LLCMore Info
678-775-2600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.