Decatur, GA 30032,4421 Glenwood RD
Decatur, GA 30032,4421 Glenwood RD
Decatur, GA 30032,4421 Glenwood RD
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Dondre Berry

Dondre Berry

Offermate

+1(470) 738-4020
$2,100,000
Est. payment /mo
10,467 SqFt
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UPDATED:

01/17/2025 01:40 PM

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 10,467 sqft

Price per Sqft $200

MLS Listing ID 7507141

Construction Status Resale

HOA Y/N No

Originating Board First Multiple Listing Service

Year Built 2007

Annual Tax Amount $20,245

Tax Year 2024

Lot Size 1.400 Acres

Acres 1.4

Property Description

This is an excellent opportunity for an investor to acquire a fully stabilized shopping center onto their investment portfolio. Offering a current 7% Cap Rate in a very fast-growing area. Constructed in 2007 with quality, Austin Plaza is a 10,467-square-foot shopping center situated on 1.45 acres with 7 total units and a freestanding billboard.

Long-term tenants on triple NNN leases with a yearly minimum 3% escalation on all leases. With over 300 feet of road frontage, the center has outstanding visibility and direct access to Glenwood Road (23,094 VPD). Building construction consists of all brick siding and glass/aluminum-frame storefronts. The subject property offers significant upside potential, making it a lucrative investment opportunity poised for strong cash flow and value appreciation.

Location

State GA

County Dekalb

Zoning C1

Lake Name None

Rooms

Other Rooms None

Basement None

Interior

Interior Features Recessed Lighting, Restrooms, Track Lighting

Heating Central

Cooling Central Air

Flooring Ceramic Tile, Carpet

Window Features Aluminum Frames

Exterior

Parking Features Parking Lot

Fence None

Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available

Waterfront Description None

View Trees/Woods

Roof Type Metal

Street Surface Asphalt

Total Parking Spaces 60

Private Pool false

Building

Lot Description Free Standing

Story One

Foundation Block, Concrete Perimeter, Slab

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Brick

New Construction No

Construction Status Resale

Others

Senior Community no

Tax ID 15 165 01 109

Special Listing Condition None


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First Multiple Listing Service(FMLS)
Listed by Keller Williams Realty Atlanta Partners

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agent

Dondre Berry

+1(470) 738-4020

Broker | License ID: 354517

Broker License ID: 354517

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