2855 Candler RdDecatur, GA 30034
- Healthcare properties
- 17,500 SF
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
- Healthcare properties
- Property subtype
- Medical offices
- 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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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