Former Family Dollar w/ Upside | Atlanta MSA
7,807 SF | Vacant | Retail Building | Online Auction Sale | Decatur, GA 30032
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
- Property Type
-
Retail
- Square Feet
- 7,807 SF
Listing Contacts
Elliott Kyle
Verified Profile
Chase Murphy
Verified Profile
Emily Walper
Verified Profile
- Property Info
Property Overview
Skyline Seven Real Estate is pleased to present an investment opportunity on Ten-X to acquire 4072 Glenwood Road, a former Family Dollar on a primary thoroughfare with strong upside, in Decatur, Georgia. 4072 Glenwood Road was built in 2002 on a 0.93-acre lot, and the property totals 7,807+/- square feet of retail space. Thanks to the flexible C2 commercial zoning, a new owner could see the future of this property go in a variety of directions. There are approximately 24 surface-level parking spaces for employees and patrons, and there is a paved area behind the building that can be utilized for storage.
The asset is prominently positioned along the highly trafficked Glenwood Road, a primary thoroughfare and retail corridor for Decatur that exposes the property to over 22,000 vehicles passing daily at the intersection of Glenwood Road and Columbia Drive. The property benefits from convenient access to Interstates 285 and 20, allowing quick connection to the greater Atlanta area. Interstate 285 is an auxiliary highway loop around Atlanta providing access to the Hartsfield-Jackson Atlanta International Airport and many of Atlanta's beautiful suburbs, while Interstate 20 grants direct access to downtown Atlanta and everything this beautiful southern city has to offer. 4072 Glenwood Road is well-positioned in Decatur, a booming suburb of Atlanta that is enjoying new development and significant population growth. The 5-mile radius around the subject property is home to a population exceeding 269,000 with a strong average household income above $101,000. In addition, the total specified consumer spending for this demographic exceeds $2.8 billion annually, indicating the subject demographic will benefit from a variety of new business operations.
4072 Glenwood Road is a prime opportunity to stake a claim in the rapidly growing and robust city of Decatur with the acquisition of a retail asset with immense upside. This area continues to see development, primarily to the west at East Lake Golf Club, home to the PGA FedEx Tour Championship.
The asset is prominently positioned along the highly trafficked Glenwood Road, a primary thoroughfare and retail corridor for Decatur that exposes the property to over 22,000 vehicles passing daily at the intersection of Glenwood Road and Columbia Drive. The property benefits from convenient access to Interstates 285 and 20, allowing quick connection to the greater Atlanta area. Interstate 285 is an auxiliary highway loop around Atlanta providing access to the Hartsfield-Jackson Atlanta International Airport and many of Atlanta's beautiful suburbs, while Interstate 20 grants direct access to downtown Atlanta and everything this beautiful southern city has to offer. 4072 Glenwood Road is well-positioned in Decatur, a booming suburb of Atlanta that is enjoying new development and significant population growth. The 5-mile radius around the subject property is home to a population exceeding 269,000 with a strong average household income above $101,000. In addition, the total specified consumer spending for this demographic exceeds $2.8 billion annually, indicating the subject demographic will benefit from a variety of new business operations.
4072 Glenwood Road is a prime opportunity to stake a claim in the rapidly growing and robust city of Decatur with the acquisition of a retail asset with immense upside. This area continues to see development, primarily to the west at East Lake Golf Club, home to the PGA FedEx Tour Championship.
Property Details
- Class
- C
- Year Built
- 2002
- Stories
- 1
- Property Subtype
- Freestanding
- Lot Size (sq. ft)
- 40,511 SF
Highlights
- 7,807+/- SF former Family Dollar located in the evolving and rapidly growing city of Decatur in the eastern portion of the Atlanta MSA.
- Phenomenal location with excellent visibility along a highly trafficked primary thoroughfare and retail corridor with exposure to 22,000+ VPD.
- Strategically situated in proximity to Interstate 285 & Interstate 20, allowing easy connectivity to Downtown Atlanta and the greater Atlanta area.
- Property has flexible C2 commercial zoning, permitting a wide variety of business uses to cater to a 5-mile demographic spending over $2.8B annually.
- 5-mile population exceeds 269,000 residents with a strong average household income above $101,000.
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