Publix Shadow-Anchor Retail 3182 Glenwood Rd 4,740 SF 100% Leased Retail Building Decatur, GA 30032 $1,954,288 CAD ($412.30 CAD/SF) 5.06% Cap Rate

3182 Glenwood Road is a 4,740 SF, two-tenant commercial retail property in Decatur, ideally positioned directly across from one of the most transformative developments underway in Southwest DeKalb. The ground floor is leased to Jackson Hewitt through 2027, while the second floor is occupied by Swim Suites, renewing in early 2026. Both tenants have recently renovated their spaces, minimizing short-term capital requirements. Current rents are below market, offering immediate upside at the next lease renewals.
The building’s location—on Glenwood Road immediately adjacent to the Candler Road intersection—places it directly opposite Candler Crossing, a catalytic $28.9M grocery-anchored redevelopment featuring a ~50,300 SF Publix, ~11,200 SF of retail / restaurant space, plazas, greenspace, and enhanced pedestrian amenities. Candler Crossing is expected to break ground in spring 2026 and begin tenant occupancy in late 2027.
As this corner transforms into a high-traffic neighborhood hub, the upside potential for increased rents, improved tenant interest, and greater property visibility will likely flow to 3182 Glenwood Road. For an investor seeking a stable cash-flow asset with embedded growth tied to a marquee redevelopment, this offering is uniquely well-positioned.