1580 Church St Retail
  • Asking Price
    $5.9MAsking Price
  • Square Feet
    18,200 SFSquare Feet
  • Gross Leasable Area
    18,200 SFGross Leasable Area
  • Built
    1986Built
  • City
    DecaturCity
  • State
    GAState

Description

We are pleased to offer TESLA at 1580 Church St in Decatur, Georgia, for sale at $5,900,000. The property totals approximately 18,200 SF and was built in 1986.

The Property is leased under a net lease structure and benefits from an early 10-year lease renewal, a scheduled 15% rent increase in 2027, and below-market

rental rates that provide long-term value enhancement potential. With no remaining renewal options following the current lease term, investors are afforded future flexibility through lease restructuring, re-tenanting, or redevelopment opportunities in one of Metro Atlanta's most

desirable infill markets

Highlights include: Long-term net leased Tesla Sales & Delivery Center located in the highly desirable Decatur submarket of Metro Atlanta; 18,200 SF facility situated on a 2.68-acre site with excellent visibility and full access along Church Street; Attractive 15% scheduled rental increase in October 2027; NN lease - New roof in 2019; Below-market rent provides future upside potential; Only Tesla dealership in the Atlanta city limits; Strategic infill location adjacent to Nalley BMW and directly across from a Whole Foods-anchored retail center, including Walmart Supercenter and Sprouts; Strong demographics featuring 114K+ residents within 3 miles and average HH-incomes of ~$153,000, projected to grow to nearly $198K within 5 years.

This investment opportunity consists of a Tesla Sales & Delivery Center strategically located at 1580 Church Street in Decatur, Georgia. The Property comprises an approximately 18,200-square-foot facility situated on 2.68 acres and serves as a key sales and delivery hub for Tesla, one of the world's leading electric vehicle and clean energy companies. Renovated in 2019, the Property has been improved to support Tesla's operational requirements and brand standards, creating a highly functional automotive retail asset.

Elliott Kyle and Chase Murphy of Skyline Seven Real Estate represent this offering. We welcome inquiries and are glad to share additional property information, photos and terms on request. Please contact us to discuss the opportunity or arrange a tour..

Offering Summary

  • Asking Price
    $5,900,000
  • Property Type
    Retail
  • Size
    18,200 SF
  • Built
    1986

Documents

Property Address

1580 Church St
Decatur, GA 30033

Property Details

  • Property Type
    Retail
  • Gross Leasable Area
    18,200 SF
  • Year Built
    1986

Deal Team

Elliott Kyle profile image

Elliott Kyle

Senior Vice President | Partner
Skyline Seven Real Estate
Chase Murphy profile image

Chase Murphy

Senior Vice President | Partner
Skyline Seven Real Estate