2616 Old Wesley Chapel Rd
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2616 Old Wesley Chapel Rd
6,200 SF 56% Leased Office Building Decatur, GA 30034 $790,000 ($127/SF)
Investment Highlights
- 8.25% proforma cap rate \ 6,200 SF+- 2 story small office suites with ample parking
- 2 floors with 3,100 SF+- each / 16 units from 210 SF+- to 600 SF+-
- Single room to three room office layout
- 0.60 acre+- paved site zoned Office Institutional-Dekalb County
- Perfect for owner occupant with income or investment
- Minutes to I-20 at Wesley Chapel Road / Visibility from I-20 westbound
Executive Summary
For sale is a 6,200 SF 2 story office building with visibility from Interstate 20 in Dekalb County. The property is suitable for an owner occupant or investor. Most of the 0.60 acre site zoned office-institutional is paved, offering abundant parking. Each floor has a single hallway with small office suites ranging from 210 SF+- to 600 SF+-. Utilities and janitorial are included in the rent. Tenants provide their own internet. The existing vacancy allows an owner user to occupy some of the space and benefit from the existing rentals. Alternatively, further leasing could occur as an investment. 8.25% profroma cap rate.
The location is minutes from the Wesley Chapel Road exit at Interstate 20 (exit #68). The property has 190 feet of frontage along the on ramp to I-20 east with visibility from the westbound lanes. I-285 located one exit west is undergoing enhancements to improve the interchange.
The location is minutes from the Wesley Chapel Road exit at Interstate 20 (exit #68). The property has 190 feet of frontage along the on ramp to I-20 east with visibility from the westbound lanes. I-285 located one exit west is undergoing enhancements to improve the interchange.
Financial Summary (Pro forma - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
6,200 SF
Building Class
B
Year Built
1998
Price
$790,000
Price Per SF
$127
Percent Leased
56%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,100 SF
Building FAR
0.22
Lot Size
0.65 AC
Zoning
OI - Office Institutional
Parking
40 Spaces (6.45 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
| Parcel Number | 15-126-08-003 | Improvements Assessment | $83,220 (2023) |
| Land Assessment | $30,780 (2023) | Total Assessment | $114,000 (2023) |
PROPERTY TAXES
Parcel Number
15-126-08-003
Land Assessment
$30,780 (2023)
Improvements Assessment
$83,220 (2023)
Total Assessment
$114,000 (2023)
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2616 Old Wesley Chapel Rd
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