4421 Glenwood Road
Decatur, GA
4421 Glenwood Road
Decatur, GA
MLS# 7507141
This is an excellent opportunity for an investor to acquire a fully stabilized shopping center onto their investment portfolio. Offering a 7% Cap Rate with 7.84% Pro Forma 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 seven total units and a freestanding billboard. Long-term tenants 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.
Offered at: $2,100,000
Exterior Details
Location
Listing Provided Courtesy Of: Keller Williams Realty Atlanta Partners 678-775-2600
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Data Last updated on January 16, 2025 9:01am