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2978 Rainbow Drive

Decatur, GA 30034
  • $825,000
  • STATUS: Active
  • ON SITE: 192 Days
  • MLS #: 6979054
UPDATED: 4 min ago
$825,000
  • 0
    BEDS
  • 0.8
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,100
    SQFT
  • $162
    $/SQFT
Type:
Commercial
Built:
1979
County:
Area:

School Ratings & Info

Description

**Investment opportunity , 5300 Sqft 100% Leased Retail** This is 100% leased investment commercial property which has three retail stores with long term leases with Cap rate 6.5% . Property is on 2978-2980 rainbow Drive in DeKalb County, the property benefit from a location in heavily retailed area such as the Gallery at South DeKalb mall, and other retails and food chain business. Less than a mile from 285 and 20 west interstate intersection.

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First MLS logo Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2022 First Multiple Listing Service, Inc. Data last updated 2022-06-25T20:06:44.927. For issues regarding this website, please contact BoomTown.
www.teamtraditions.com/homes/124046779
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2978 Rainbow Drive Decatur, GA 30034

  • Price: $825,000
  • Status: Active
  • On Site: 192 Days
  • Updated: 4 min ago
  • MLS #: 6979054
0
Beds
0
Baths
0
½ Baths
0.8
Acres
5,100
SQFT
$162
$/SQFT
1979
Built
County:
Dekalb
Area:
Dekalb
Property Description
**Investment opportunity , 5300 Sqft 100% Leased Retail** This is 100% leased investment commercial property which has three retail stores with long term leases with Cap rate 6.5% . Property is on 2978-2980 rainbow Drive in DeKalb County, the property benefit from a location in heavily retailed area such as the Gallery at South DeKalb mall, and other retails and food chain business. Less than a mile from 285 and 20 west interstate intersection.
Exterior Features

Construction Materials Brick Front Fencing None Foundation Slab Land Lot 121 Lot Features Business Park Number Of Parking Spaces 27 Other Structures None Parking Features Parking Lot Road Front Feet 120 Road Surface Asphalt Road Type None Roof Type Asphalt Stories One View Other Waterfront Features None Window Features None

Interior Features

Basement None Cooling Central Air Flooring Concrete Heating Natural Gas Interior Features Other

Property Features

Accessibility Features None Business Type Auto ServiceOther Current Zoning C1 Electric 110 Volts220 Volts Green Energy Efficient None Green Energy Generation None Lake Name None Lot Size Dimensions 219X158 Occupant Type Tenant Other Equipment None Owner Financing No Owner Pays Exterior Maintenance Property Attached YN No Property Condition Resale Recommended Zoning Commercial Sale Includes Building & Land Security Features Carbon Monoxide Detector(S) Special Circumstances Sold As/Is Special Listing Conditions None Tax Year 2020 Taxes 7536 Type Retail Utilities Electricity AvailableNatural Gas Available

Listing provided courtesy of Chapman Hall Realtors Alpharetta.


First MLS logo Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2022 First Multiple Listing Service, Inc. Data last updated 2022-06-25T20:06:44.927. For issues regarding this website, please contact BoomTown.
 
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