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Decatur, GA - Popeyes

$2,426,000

3506 Memorial Drive, Decatur, GA

Active
Last Updated: 02/24/2025

5.25

Cap Rate

127,345

NOI

Details:
Cap Rate:    5.25%
NOI:    $127,345
Building Size:    2,610 sqft
Lot Area:    0.87 acres
Occupancy:    100%
Year Built:    1985
Zoning:    Commercial
Floors:    1
Year Last Renovated:    2021
Description:

• The asset is located off the signalized, hard corner intersection of Columbia Dr and Memorial Dr averaging a combined 44,500 VPD
• This Popeyes location ranks in the 79th percentile (535 out of 2,550) of all nationwide locations according to Placer.ai
• Directly across from Belvedere Plaza, a Kroger-anchored neighborhood center that ranks in the 85th percentile (1,625 out of 11,158) of all US neighborhood centers according to Placer.ai
• There are several surrounding retailers such as Walmart Supercenter, Kroger, Planet Fitness, ALDI, and more
• Less than 3 miles Southwest off I-20 (190,000 VPD), allowing users to benefit from on/off ramp access to the site and surrounding trade areas

Map:
Location
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