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.
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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.