HERTZ

11030 Alpharetta Hwy, Roswell, GA 30076
$1,647,935

Cap Rate
6%
Price Per SF
$498
Gross SQFT
3,310
Year Built
2004
Term Remaining
±5 YRS
NOI
$98,876
Property Type
Retail

INVESTMENT HIGHLIGHTS

  • PREMIER LOCATION – Sees over 30,000 VPD on Alpharetta Hwy. Close proximity to large multifamily developments, car dealerships, & the Roswell Market Place shopping center, home to Sprouts Farmers Market, Starbucks, & many other national retailers.
  • AFFLUENT DEMOGRAPHICS – Median household income between $122,000 – $170,000.
  • HIGH GROWTH MARKET – Many new mixed-use & multifamily developments underway. Over 400 apartments under construction in immediate radius.
  • ATLANTA MSA – GDP over $471 billion throughout the Atlanta Metro area. Main hub for many different industries including healthcare, logistics, hospitality, & many more.
  • LANDLORD FRIENDLY LEASE STRUCTURE – Tenant is responsible for property taxes, insurance, & common area maintenance, leaving the landlord with just the roof & structure as responsibilities.
  • FUTURE UPSIDE – Tenant has no remaining renewal options. Landlord has opportunity to sign a new lease with current or new tenant in 5 years.

Broker of Record

  • Bill Pedersen
  • License No. 80041 (GA)
  • (866) 889-0550
  • Matthews Real Estate Investment Services, Inc
  • 1600 West End,
    Ste. 1500 Nashville, TN 37203