2801 Candler RdDecatur, GA 30034
- Retail properties
- 351,345 SF
Property Details for 2801 Candler Rd
- Year built
- 1970
- Lot size
- 51.89 AC
- Property size (Sq ft)
- 351,345 SF
- Zone code
- C1
- Property type
- Retail properties
- Property subtype
- Super regional malls
- APN
- 15 120 02 083
- APU
- 1512002083
Description
The Gallery at South Dekalb, located at 2801 Candler Rd in Decatur, Georgia 30034, offers a significant retail opportunity within Dekalb County. This shopping mall and food court boasts a total of 618,120 square feet, with a substantial 337,742 square feet currently vacant. The property is ideal for multiple tenants, offering flexible space options ranging from a minimum of 270 square feet to a maximum contiguous space of 176,000 square feet. This presents a unique chance for businesses of various sizes to establish a presence in a high-traffic location. The property's address is easily accessible, situated in a well-established commercial area. The available space is perfect for a variety of retail uses, including restaurants, shops, and other commercial enterprises. With 48 spaces available, this property provides a diverse range of options for potential tenants seeking to establish or expand their business in a thriving commercial environment. The substantial vacant square footage offers significant potential for redevelopment and customization to suit individual tenant needs. This is a prime opportunity to secure a prominent location within a well-established shopping center in a high-growth area.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $110,972,328
- 6.5%
- $102,435,992
- 7%
- $95,119,136
-
Comparable approach
- Method
- Valuation
- Relative Method
- $172,704,064
- Geo Method
- $172,704,064
-
Alternative Use
- Use
- Valuation
- Residential
- $86,408,592
- Hospitality
- $79,149,808
- Educational
- $65,851,708
- Medical
- $68,116,448
- Retail
- $102,435,992
Location Insight
- City
- Decatur
- County
- Dekalb
- State
- Georgia
- Latitude
- 33.7092
- Longitude
- -84.2746
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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