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Decatur Medical Office Building | 9.3% Cap Rate

2855 Candler Road
Decatur, GA 30034
PRICE : $2,550,000
CAP RATE: 9.3%
PROPERTY TYPE: Office
SITE SIZE: 1.58 Acres
BUILDING SIZE: 17,500 SF
YEAR BUILT: 1973

Highlights

  • 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

Description

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.

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