Active

4421 Glenwood Road

Decatur GA, 30032

$2,100,000


$200.63 per sqft

Active

10,467 sqft

Commercial

Built in 2007

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.

7507141

MLS ID

January 14, 2025

Listed

January 17, 2025

Updated

Map

4421 Glenwood Road
Decatur GA, 30032

Interior Features

Total Stories

1


Interior Features

Recessed Lighting, Restrooms, Track Lighting


Floor Description

Ceramic Tile, Carpet


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

1.4 Acres


Lot Features

Free Standing


Roof

Metal


Sewer

Public Sewer

Other Property Details

Taxes

$20,245


Tax Frequency

Annually


Days on Market

3


Garage

No


Parking

Parking Lot


Parking Total

60


View

Yes


View Description

Trees/Woods


County

Dekalb - GA


Water Source

Public


Pool

No


Zoning

C1

Green Building Features

Green Features

None

Listed by Shermine Khakiani with Keller Williams Realty Atlanta Partners 678-775-2600

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Data last updated 2:09 PM UTC, 1/17/2025

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