Cap Rate
6%
Price Per SF
$498
Gross SQFT
3,310
Year Built
2004
Term Remaining
±5 YRS
NOI
$98,876
Property Type
Retail
LEAD LISTING AGENT
Email
[email protected]
License No.
370826 (TN)
Direct
+1 (865) 419-0016
Mobile
+1 (865) 456-7821
ADDITIONAL LISTING AGENT
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