2801 Candler RdDecatur, GA 30034

  • Retail properties
  • 351,345 SF
For Lease

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
2801 Candler Rd, Decatur, Georgia

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$268,742
$3,164,480
$1,712,345
$4,876,825
-
$7,911,200
$4,280,862
$12,192,062

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