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10500 Old Alabama Connector Rd 9,042 SF 100% Leased Retail Building Alpharetta, GA 30022 $3,190,000 ($352.80/SF)
Investment Highlights
- Freestanding former bank building with existing drive-thru infrastructure and ATM kiosk.
- Located near the planned North Point Mall redevelopment and future arena district.
- Occupancy available upon sale, supporting owner-user or investment strategies.
- Positioned on a highly visible corner along Old Alabama Connector Road.
- Situated on a 1.89-acre site with substantial parking and site circulation.
- Convenient access to GA-400, North Point Parkway, and Alpharetta's major commercial corridors.
Executive Summary
Prime Investment or Owner-User Opportunity | Active Bank Branch Adjacent to the Future North Point Arena District
Exceptional opportunity to acquire a high-visibility, ±9,042 SF freestanding professional building situated on a spacious 1.89-acre lot in the heart of Alpharetta. Currently occupied by a national bank, this well-maintained property (built in 1999) features premium infrastructure, including three (3) dedicated drive-thru bays and an existing ATM kiosk.
Strategically positioned at 10500 Old Alabama Rd Connector, this property stands directly in the path of progress, located just moments from the monumental $1B+ North Point Mall Redevelopment. This future world-class entertainment district is set to feature a 20,000-seat NHL-ready arena, premium retail, and luxury residential units, promising a massive influx of regional traffic. Whether as a stabilized investment or a strategic owner-user location, this property offers a rare footprint in Alpharetta’s most exciting growth corridor.
Exceptional opportunity to acquire a high-visibility, ±9,042 SF freestanding professional building situated on a spacious 1.89-acre lot in the heart of Alpharetta. Currently occupied by a national bank, this well-maintained property (built in 1999) features premium infrastructure, including three (3) dedicated drive-thru bays and an existing ATM kiosk.
Strategically positioned at 10500 Old Alabama Rd Connector, this property stands directly in the path of progress, located just moments from the monumental $1B+ North Point Mall Redevelopment. This future world-class entertainment district is set to feature a 20,000-seat NHL-ready arena, premium retail, and luxury residential units, promising a massive influx of regional traffic. Whether as a stabilized investment or a strategic owner-user location, this property offers a rare footprint in Alpharetta’s most exciting growth corridor.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
9,042 SF
Building Class
B
Year Built
1999
Price
$3,190,000
Price Per SF
$352.80
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.11
Lot Size
1.89 AC
Zoning
O
Parking
116 Spaces (12.83 Spaces per 1,000 SF Leased)
Amenities
- Banking
- Bus Line
- Restaurant
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- North Atlanta Bank
- Finance and Insurance
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| North Atlanta Bank | Finance and Insurance | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 9,042 SF
- Retail
- -
- 120 Days
| Space | Size | Space Use | Position | Available |
| 1st Floor | 9,042 SF | Retail | - | 120 Days |
1st Floor
| Size |
| 9,042 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| 120 Days |
Fairly walkable
40/100
Very drivable
80/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 12-2740-0739-039-2 | Improvements Assessment | $711,200 |
| Land Assessment | $546,920 | Total Assessment | $1,258,120 |
Property Taxes
Parcel Number
12-2740-0739-039-2
Land Assessment
$546,920
Improvements Assessment
$711,200
Total Assessment
$1,258,120
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10500 Old Alabama Connector Rd