Share This Listing

Message

927 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Firestone Single-Tenant Net Lease 2847 Candler Rd 14,094 SF Retail Building Decatur, GA 30034 $3,951,012 CAD ($280.33 CAD/SF) 6% Cap Rate

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Corporate Net Lease – 4 Years Remaining – Fee Simple (Land & Building)
  • Successful Operating History at this Location – Firestone has 1,700 Stores, 33,000 Employees Worldwide
  • Below Market Rent – Annual $1.00 PSF Rental Increases – One 5-yr Option Remaining with $2.00 PSF Increase
  • Firestone Tire & Rubber Company – Subsidiary of Bridgestone Corporation (OTCMKTS: BRDCY) – S&P: A, Nikkei 225 Component, $37+ Billion in Revenue
  • Located at I-20 & Candler Rd in Decatur, GA – Major Traffic Corridor – 10 Minutes to Downtown Atlanta, 20 Minutes to Hartsfield-Jackson International
  • Outparcel to The Gallery at South Dekalb Shopping Mall – Candler Rd (36,603 Cars Per Day)

EXECUTIVE SUMMARY

Exclusively Listed in association with Brian Brockman | GA License No. 378952

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (ACTUAL - 2025)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $237,061 $16.82

FINANCIAL SUMMARY (ACTUAL - 2025)

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual -
Annual Per SF -
Net Operating Income (CAD)
Annual $237,061
Annual Per SF $16.82

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
14,094 SF
Building Class
C
Year Built
1970
Price
$3,951,012 CAD
Price Per SF
$280.33 CAD
Cap Rate
6%
NOI
$237,061 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
17.90 AC
Zoning
C1

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Services
  • 14,094 SF
  • $16.82 CAD
  • Single Net
  • May 2028

Since 1926, drivers have trusted Firestone Complete Auto Care to keep their vehicles running newer longer. And as America’s auto care needs have grown and changed, so have they. They’re a leading provider of maintenance, repairs and tires for a reason: because they believe in offering a complete auto care experience that perfectly meets customer needs. Their auto care advisors and service technicians take pride in understanding customers vehicle from bumper to bumper. Plus, they’ll always answer customers' questions and explain their work to customers so they feel comfortable from the moment they walk in until they’re back on the road. They promise to provide the best customer service and offer the right solutions, so they can feel confident in knowing they’re customers' complete auto care solution.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Services 14,094 SF $16.82 CAD Single Net May 2028

NEARBY MAJOR RETAILERS

Piccadilly
Checkers
Wnb Factory
Bank of America
Chase Bank
First Citizens Bank
Truist
Red Lobster
Waffle House

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-120-02-084
Land Assessment
$2,710,531 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,710,531 CAD
  • Listing ID: 31652797

  • Date on Market: 2024-04-30

  • Last Updated:

  • Address: 2847 Candler Rd, Decatur, GA 30034

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}