4421 Glenwood RdDecatur, GA 30032

  • Community centers
  • 10,467 SF
For Sale
$2,100,000 View listing

Property Details for 4421 Glenwood Rd

Year built
2007
Lot size
1.45 AC
Property size (Sq ft)
10,467 SF
Zone code
C1
Property type
Community centers
APN
15 165 01 109
APU
1516501109

Description

This exceptional 10,467-square-foot retail center presents a compelling investment opportunity in the rapidly expanding Decatur, GA market. Built in 2007, the property boasts a prime location on Glenwood Road, enjoying high visibility with over 300 feet of road frontage and excellent access (23,094 vehicles per day). The all-brick building features attractive glass/aluminum-frame storefronts and comprises seven individual units, each under a triple net lease with a minimum 3% annual escalation clause, ensuring consistent income growth. Situated on a 1.45-acre lot, the center also includes a freestanding billboard, further enhancing its marketing potential. Currently delivering a 7% capitalization rate, this fully stabilized shopping center offers significant upside potential for long-term value appreciation and strong cash flow. The long-term tenants and built-in rent increases provide a secure and predictable income stream, making this an attractive addition to any investment portfolio. The property's strategic location and strong tenant base contribute to its exceptional investment characteristics. This is a rare opportunity to acquire a high-performing retail asset in a thriving market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,306,002
    6.5%
    $3,051,694
    7%
    $2,833,716
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,145,066
    Geo Method
    $5,145,066
  • Alternative Use

    Use
    Valuation
    Residential
    $2,574,218
    Hospitality
    $2,357,970
    Educational
    $1,961,804
    Medical
    $2,029,273
    Retail
    $3,051,694

Location Insight

City
Decatur
County
Dekalb
State
Georgia
Latitude
33.7371
Longitude
-84.2373
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
$20,245
$107,600
$322,400
$430,000
-
$269,000
$806,000
$1,075,000

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