T & Z Plaza - Decatur, GA 3891-3901 Glenwood Rd 8,266 SF 100% Leased Retail Building Decatur, GA 30032 £1,329,502 (£160.84/SF)
INVESTMENT HIGHLIGHTS
- Development Incentives: The DeKalb County Development Authority May Offer Special Tax Credits For Projects That Slign With Their Vision
- Appreciation in Home Values: Glenwood Hills Home Values Have Seen Consistent Growth, With Median Home Prices Rising 46.3% Over Eight Years
- Parking & Accessibility: Features On-Site Parking and Easy Access From I-20 and I-285, Ensuring Convenience For Customers and Tenants
- Upside Through Immediate Lease-Up & Market Rent Adjustments: Opportunity to Capitalize on Below-Market Rents, Improve Tenant Mix
- Strong Traffic & Visibility: Positioned Along Key Transit Corridors With Planned Mobility and Streetscape Improvements, Increasing Accessibility
- Densely Populated Trade Area: Over 280,000 Residents Within a 5- Mile Radius, Creating a Strong Built-in Customer Base For Retail and Service Business
EXECUTIVE SUMMARY
Sands Investment Group is Pleased to Exclusively Offer For Sale the 9,860 SF T & Z Plaza Located at 3891-3901 Glenwood Road in Decatur, GA. This Value-Add Investment Opportunity is Only 84% Leased and Has Opportunity to Capitalize on Below-Market Rents, Improve Tenant Mix, and Drive Higher Revenue Through Strategic Leasing and Property Enhancements, Providing For a Secured Investment.
In Cooperation With Sands Investment Group Atlanta, LLC - Lic. #67374 BoR: Andrew Ackerman Lic. GA #311619
In Cooperation With Sands Investment Group Atlanta, LLC - Lic. #67374 BoR: Andrew Ackerman Lic. GA #311619
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
8,266 SF
Building Class
C
Year Built
1966
Price
£1,329,502
Price Per SF
£160.84
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.16
Lot Size
1.21 AC
Zoning
C1 - Shopping Center
Parking
30 Spaces (3.63 Spaces per 1,000 SF Leased)
Frontage
248 ft on Glenwood Rd
AMENITIES
- Pylon Sign
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Big Daddy's Grocery
- Retailer
- 2,560 SF
- £10.10
- Aug 2033
- From the South - Daquiri Bar and Grill
- Retailer
- 2,700 SF
- £10.42
- Oct 2034
- Lima Hair Salon
- Retailer
- 800 SF
- £10.56
- Jul 2027
- Smoke Shop
- Retailer
- 2,200 SF
- £8.53
- Oct 2034
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Big Daddy's Grocery | Retailer | 2,560 SF | £10.10 | Aug 2033 | ||
| From the South - Daquiri Bar and Grill | Retailer | 2,700 SF | £10.42 | Oct 2034 | ||
| Lima Hair Salon | Retailer | 800 SF | £10.56 | Jul 2027 | ||
| Smoke Shop | Retailer | 2,200 SF | £8.53 | Oct 2034 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 15-167-01-007 | Improvements Assessment | £98,321 |
| Land Assessment | £74,014 | Total Assessment | £172,335 |
