For Sale
$1,600,000

5026 Snapfinger Woods DrDecatur, GA 30035

Decatur, GA Office Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional multi-tenant office investment opportunity, located at 5026 Snapfinger Woods Drive in Decatur, Georgia, presents a compelling proposition for discerning investors. The property consists of two single-story buildings totaling 10,000 square feet of rentable space, situated on a 1.41-acre lot. Currently boasting 97% occupancy with a diverse tenant mix, the property generates a strong net operating income (NOI) of $141,023, yielding an attractive 8.81% cap rate. The asking price is $1,600,000, translating to $160 per square foot. Built in 1984 and classified as Class C, the property features 32 units, ranging in size down to 200 square feet, and offers 36 parking spaces. The property benefits from a prime location in DeKalb County, providing convenient access to major transportation arteries, including I-20 and I-285, and is situated near a hospital, ensuring high visibility and accessibility. The property is zoned C1 - Local Commercial and includes an entrance monument sign. The current lease type is gross, and the occupancy date is November 1, 2024. Owner financing is available. This investment offers a stable income stream with significant potential for appreciation in a thriving Atlanta submarket. The property's strong occupancy rate, combined with its strategic location and ample parking, makes it an ideal addition to any real estate portfolio.

Highlights

  • 96.8% occupancy with multiple long-term tenants.
  • 1.41-acre land parcel.
  • Monument signage at entrance.
  • High visibility to 9,740 AADT, ample parking.
  • Excellent access to I-20 and I-285.
  • Owner financing offered.

Property Details for 5026 Snapfinger Woods Dr

Property type
Office properties, Medical offices
Square Feet
10,000 SF
Class
C
Year Built
1984
Buildings
2
Stories
1
Lot Size (sq. ft)
61,420 SF
Units
32

Location Insight

City
Decatur
County
DeKalb
State
Georgia
Latitude
33.711221703713
Longitude
-84.181801376808
5026 Snapfinger Woods Dr, Decatur, Georgia

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5026 Snapfinger Woods Dr
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