3795 N Druid Hills Rd - Fast Food FOR SALE
Decatur, GA 30033 |
3795 N Druid Hills Rd
Decatur, GA 30033
HIGHLIGHTS
- New Construction to be open in 2024, however Chick-Fil-A is already paying rent
- New 15-year ground lease with an 8% increase every 5 years and seven 5-year options with 8% increases in each option
- Well located on outparcel of North Dekalb Mall that is currently being redeveloped into a $843 million mix-use redevelopment called Lulah Hills
- Situated in a strong retail corridor and convenient access to I-285 and US Hwy 78 on North Druid Hills Rd
- Very strong traffic counts of 31,640 VPD on N. Druid Hills, in the heart of a rapidly growing retail market
- Densely populated and affluent area with 328,822 people within 5 miles, with an average household income of $134,648.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
STATUS
Demolished
BUILDING DETAILS
PROPERTY NAME
Chick- Fil- A - 15 YR Ground Lease
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Restaurant
TOTAL BUILDING SIZE
3000
STORIES
1
YEAR BUILT
2023
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
18-100-04-019
