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3795 N Druid Hills Road - North Dekalb Mall, Decatur, GA
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3795 N Druid Hills Road - North Dekalb Mall
Decatur, GA 30033-3730 - Northlake/I-85 Ret Submarket
1 AC (43,560 SF)
For Sale Price:
Free Surface spaces are available; Ratio of 4.46/1,000 SF
The subject property is a 9,014± SF freestanding single-tenant building leased to Pier 1 Imports, Inc. (NYSE: PIR) located in Decatur, an in town suburb of Atlanta, GA and part of the Atlanta MSA the 8th largest MSA in the United States. The net lease is guaranteed by Pier 1 Imports, Inc. (NYSE: PIR; Mkt. Cap: $390.74M; 1,065 stores in the US and Canada).
Decatur is a key city in the Atlanta MSA projected 2020 population 7,300,000±. The 5 mile population is 307,000±
with an average household income of $83,000±. The 10 mile population is 1,076,000± with an average household income of $83,000±. There is 19,000,000± SF of retail and 23,000,000± SF of office within a 5 mile radius of the subject property.
Pier 1 Imports is located on North Druid Hills Road (31,600± vehicles per day) at the entrance to North DeKalb Mall and near the intersection of North Druid Hills Road and Lawrenceville Highway (30,000± vehicles per day).
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