2372 Lawrenceville Hwy - Assisted Livings FOR SALE
Decatur, GA 30033 |
2372 Lawrenceville Hwy
Decatur, GA 30033
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.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
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
20441
STORIES
2
BUILDING CLASS
B
YEAR BUILT
1970
SPRINKLERS
-
PARKING SPACES
180
LAND DETAILS
LAND ACRES
1.69 AC AC
LAND SF
73,616 SF
ZONING
-
APN/PARCEL ID
18-116-01-024
