Asking Price: $2,550,000
Building Size: 17,500 SQ FT
Lot Size: 68825
Cost per Square Foot: $145.71
Bull Realty is pleased to offer the 17,500 SF South DeKalb Professional Building, a single-story, brick, medical office building in Decatur, GA. This neighborhood medical office building is 100% occupied with an excellent mix of practices including: OB/GYN, chiropractor, podiatrist, primary care, pediatrics and orthodontist. Offered well below replacement cost at $146/SF. Located just inside I-285 (ITP) and near I-20 at the main entrance to The Gallery at South DeKalb, a Macy's-anchored mall, this property offers excellent historical occupancy. Easy ingress/egress at signalized intersection with MARTA bus stop and large monument signage, with 35,500 VPD on Candler Road. PLEASE DO NOT DISTURB TENANTS. For more information, please sign CA.
Key Points: 17,500 SF medical office building 100% occupied 9.3% cap rate / $238,037 NOI Monument signage Signalized intersection Upside potential through cap-ex Strong historical occupancy Densely populated area Close proximity to I-20 & I-285
Parking: 5.2 spaces per 1,000 sq. ft.