$3,600,000 USD
770-501-3007
2372 Lawrenceville Hwy
Decatur, GA 30033
North Decatur
HIGHLIGHTS
- Currently approved for senior living, personal home care, and daycare center; value-add opportunity as office, medical, dental, etc.
- Virtually no competing vacancies in the 5-mile radius, indicating significant pent-up tenant demand.
- Currently getting rental income from long-term multi-tenant daycare of $57,600 + $7,200 CAM; desiring a new 5+ year lease.
- Steady rent growth area with asking rents trending upward annually, reflecting confidence in the Decatur/Northlake submarket.
- Robust economy with Decatur's continued population growth and strong household incomes support a sustained need for childcare and healthcare.
- Strategic location with proximity to major thoroughfares and residential centers ensures tenant success in attracting customers and employees.
OVERVIEW
Sands Investment Group is pleased to exclusively present for sale a 20,441 SF value-add investment opportunity located at 2362 Lawrenceville Hwy in Decatur, GA. Situated in a high-demand market with virtually no competing vacancies within a 3-mile radius, this property offers strong potential to capture pent-up tenant demand. This rare opportunity provides investors with an ideal platform to add value and maximize returns in a tight local supply market, making it a highly attractive investment.
In Cooperation With Sands Investment Group Atlanta, LLC - Lic. #67374 BoR: Andrew Ackerman - Lic. GA #311619
FOR SALE DETAILS
PRICE
$3,600,000 USD
PRICE/SF
$159 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Value-Add Investment Opportunity - Decatur GA
PROPERTY TYPE
Health Care
PROPERTY SUBTYPE
Assisted Livings
ADD'L SUBTYPES
Hospital
TOTAL BUILDING SIZE
-
STORIES
2
BUILDING CLASS
B
YEAR BUILT
1970
SPRINKLERS
-
PARKING SPACES
180
LAND DETAILS
LAND ACRES
1.69 AC
LAND SF
73,616 SF
ZONING
O-I
APN/PARCEL ID
18-116-01-024
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
770-501-3007
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
770-501-3007
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
