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3881-3913 Covington Hwy
Decatur, GA 30032
Retail Property For Sale
Investment Highlights
- Prime positioning along Covington Highway at a signalized intersection for continued traffic flow and visibility.
- Ample on-site parking accommodating approximately 175 vehicles for customer convenience.
- Stable trade area with strong demographic support for retail operations.
- Zoned C2 with flexible use options and redevelopment incentives.
- Excellent regional connectivity through Interstate 285 and proximity to metro Atlanta.
Executive Summary
This established retail shopping center along Covington Highway in Decatur, Georgia, represents a compelling investment opportunity in a key East Metro Atlanta submarket. Encompassing over 48,000 square feet on an 8.44-acre parcel, the property is configured for multi-tenant operation and occupies a strategic location with strong traffic counts. Zoned C2 and supported by a signalized intersection, its prominent frontage offers sustained consumer exposure and long-term leasing potential.
The center’s layout and visibility position it well for a variety of regional and neighborhood-oriented retail uses. Recent tenant activity and flexible floor plans enable operational adaptability, while existing infrastructure and redevelopment potential provide multiple avenues for value enhancement. Extensive parking capacity—approximately 175 spaces—adds convenience for shoppers and tenants alike.
Situated minutes from Interstate 285 and only a short drive to downtown Atlanta, the location benefits from strong connectivity to employment hubs, residential concentrations, and transportation corridors. The surrounding trade area continues to demonstrate growth, with steady housing developments and dense population clusters that support ongoing retail demand. This property offers investors stable income potential with upside through repositioning or re-tenanting strategies in a major Atlanta corridor.
The center’s layout and visibility position it well for a variety of regional and neighborhood-oriented retail uses. Recent tenant activity and flexible floor plans enable operational adaptability, while existing infrastructure and redevelopment potential provide multiple avenues for value enhancement. Extensive parking capacity—approximately 175 spaces—adds convenience for shoppers and tenants alike.
Situated minutes from Interstate 285 and only a short drive to downtown Atlanta, the location benefits from strong connectivity to employment hubs, residential concentrations, and transportation corridors. The surrounding trade area continues to demonstrate growth, with steady housing developments and dense population clusters that support ongoing retail demand. This property offers investors stable income potential with upside through repositioning or re-tenanting strategies in a major Atlanta corridor.
Property Facts
Sale Type
Owner User
Sale Condition
Building in Shell Condition
Property Type
Retail
Property Subtype
Building Size
48,527 SF
Building Class
C
Year Built
1967
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Lot Size
8.44 AC
Opportunity Zone
Yes
Zoning
C2 - Commercial
Parking
175 Spaces (3.61 Spaces per 1,000 SF Leased)
Frontage
302’ on Covington Hwy
Amenities
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
- Wheelchair Accessible
Property Taxes
| Parcel Number | 15-220-02-018 | Improvements Assessment | $1,149,675 CAD |
| Land Assessment | $979,353 CAD | Total Assessment | $2,129,028 CAD |
Property Taxes
Parcel Number
15-220-02-018
Land Assessment
$979,353 CAD
Improvements Assessment
$1,149,675 CAD
Total Assessment
$2,129,028 CAD
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