3795 Druid Hills RdDecatur, GA 30033

Property Details for 3795 Druid Hills Rd

Year built

2024

Property size (Sq ft)

4,260 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional investment opportunity presents a brand-new, 4,260 square foot Chick-fil-A restaurant in Decatur, Georgia. Built in 2024, this single-story building sits on a 1.05-acre lot (43,560 sq ft) with 33 parking spaces and boasts a 100% occupancy rate. The property features a new 15-year NNN ground lease with Chick-fil-A, including seven 5-year options with 8% rent increases every five years. This is a truly passive investment with no landlord responsibilities. The asking price is $3,750,000, representing a 4.00% cap rate and a net operating income (NOI) of $150,000. The property is strategically located at 3795 N Druid Hills Rd, Decatur, GA 30033, offering convenient access to I-285 and US Hwy 78. This location is a non-drive-thru prototype with an 84-seat dining area and multiple curbside delivery, take-out, and mobile-order options, replacing a previously closed location nearby. The property benefits from its position in a densely populated and affluent area, with over 10,966 residents and average household incomes exceeding $144,742 within a 1-mile radius. Furthermore, it's situated on an outparcel of a redeveloping 73-acre mixed-use development, "Lulah Hills," projected to include significant retail, residential, and green space additions by 2028. This property is ideal for a 1031 exchange due to its passive nature and strong tenant. The APN is 18-100-04-019.

Location Insight

City

Decatur

County

DeKalb

State

Georgia

Latitude

33.8114

Longitude

-84.2788

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