2855 Candler RdDecatur, GA 30034

Property Details for 2855 Candler Rd

Year built

1973

Construction

WOOD FRAME

Lot size

1.63 AC

Property size (Sq ft)

17,500 SF

Zone code

C1

Property type

Medical offices

Property subtype

Medical centers

APN

15 120 02 090

APU

1512002090

Description

This exceptional 17,500-square-foot medical office building in Decatur, Georgia, presents a compelling investment opportunity. Located at 2855 Candler Rd, in DeKalb County (zip code 30034), this single-story, Class B building boasts a 100% occupancy rate with a diverse mix of established medical tenants, including OB/GYN, chiropractic, podiatry, primary care, pediatric, and orthodontic practices. Some tenants have occupied the building for over two decades, demonstrating strong tenant loyalty and stability. Built in 1973, the property sits on a 1.586-acre lot and features 91 parking spaces, ensuring ample convenience for patients and staff. Its strategic location just inside I-285 (ITP), near I-20, and at the main entrance to The Gallery at South DeKalb regional mall provides excellent visibility and accessibility. The property benefits from a signalized intersection with easy ingress/egress and a MARTA bus stop nearby. Its proximity to East Lake Golf Club, Georgia State University's Perimeter Campus, and Hartsfield-Jackson Atlanta International Airport further enhances its appeal. The property is zoned C1 and comprises six units within a single building. This well-maintained asset offers a rare opportunity to acquire a fully occupied, high-performing medical office building in a densely populated area of Atlanta with strong historical occupancy. The property's location and tenant mix provide a stable and attractive investment profile.

• CAP approach

  CAP return

  Valuation

  6%

  $3,760,119

  6.5%

  $3,470,879

  7%

  $3,222,960

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,413,550

  Geo Method

  $3,413,550

• Alternative Use

  Use

  Valuation

  Residential

  $4,303,890

  Hospitality

  $3,942,340

  Educational

  $3,279,981

  Medical

  $3,392,784

  Retail

  $5,102,192

Location Insight

City

Decatur

County

Dekalb

State

Georgia

Latitude

33.7061

Longitude

-84.2726

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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