3176-3198 Glenwood Rd - Storefront FOR SALE


Decatur, GA 30032- Belvedere Park
$1,400,000 USD
404-918-5050
3176-3198 Glenwood Rd, Decatur, GA for Sale
$1,400,000 USD
Storefront - FOR SALE
1/15
null | 5.06% Cap Rate

3176-3198 Glenwood Rd
Decatur, GA 30032
Belvedere Park


HIGHLIGHTS

  • Nationally recognized tenant base
  • Recent renovations to modernize the tenant spaces, reducing near-term capex
  • Directly across from the $28.9 million Candler Crossing redevelopment, which is a Publix-anchored shopping center
  • High visibility along Candler Road with strong traffic counts
  • Excellent location between Downtown Decatur, East Atlanta Village, and Kirkwood, and within minutes to I-285
  • The area is densely populated with 100,000+ residents within a 3-mile radium with rising household growth and consumer demand

OVERVIEW

3182 Glenwood Road is a 4,740 SF, two-tenant commercial retail property in Decatur, ideally positioned directly across from one of the most transformative developments underway in Southwest DeKalb. The ground floor is leased to Jackson Hewitt through 2027, while the second floor is occupied by Swim Suites, renewing in early 2026. Both tenants have recently renovated their spaces, minimizing short-term capital requirements. Current rents are below market, offering immediate upside at the next lease renewals. The building’s location—on Glenwood Road immediately adjacent to the Candler Road intersection—places it directly opposite Candler Crossing, a catalytic $28.9M grocery-anchored redevelopment featuring a ~50,300 SF Publix, ~11,200 SF of retail / restaurant space, plazas, greenspace, and enhanced pedestrian amenities. Candler Crossing is expected to break ground in spring 2026 and begin tenant occupancy in late 2027. As this corner transforms into a high-traffic neighborhood hub, the upside potential for increased rents, improved tenant interest, and greater property visibility will likely flow to 3182 Glenwood Road. For an investor seeking a stable cash-flow asset with embedded growth tied to a marquee redevelopment, this offering is uniquely well-positioned.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$40 USD /SF

CAP RATE

5.06%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Multi Tenant Retail | Publix Shadow Anchor

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C

APN/PARCEL ID

15-183-26-006

ASK ABOUT THIS PROPERTY

Charlie GonzalezKW Commercial First AtlantaMore Info
404-918-5050

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Charlie GonzalezKW Commercial First AtlantaMore Info
404-918-5050

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