12940 Highway 9 | Alpharetta, GA 30004
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- LoopNet Team
12940 Highway 9
Alpharetta, GA 30004
SAFELITE · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- BRAND NEW GUARANTEED LEASE - In 2024, the property was fully converted from a Goodyear Tire to a newly renovated Safelite AutoGlass under an 11-year
- PASSIVE INVESTMENT - The tenant reimburses monthly for Operating Expenses—including taxes, insurance, maintenance, and management fees (up to 4%)—mak
- PRIME RETAIL CORRIDOR - Located within a high-traffic retail hub surrounded by Costco, Target, Walmart Supercenter, Kroger, The Home Depot, Lowe’s, an
- SIGNIFICANT CAPITAL IMPROVEMENTS - Both landlord and tenant have invested in a new roof, interior HVAC, and other minor CapEx items.
- PREMIUM RENT INCREASES - While retail rent escalations typically max out at 10% every 5 years or 2% annually, this lease offers 15% every five years,
- AFFLUENT ATLANTA SUBMARKET - Alpharetta and its surrounding neighborhoods rank among Atlanta’s most affluent and desirable submarkets, anchored by mul
PROPERTY FACTS
Property Type
Retail
Property Subtype
Auto Repair
Building Size
8,398 SF
Building Class
C
Year Built
1970
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.18
Lot Size
1.08 AC
Zoning
T5 - Urban Center Zone
Parking
20 Spaces (3.8 Spaces per 1,000 SF Leased)
Frontage
244’ on Ga-9 Hwy
AMENITIES
- Bus Line
- Signage
PROPERTY TAXES
| Parcel Number | 22-5270-1048-037-0 | Improvements Assessment | $424,080 |
| Land Assessment | $311,840 | Total Assessment | $735,920 |
PROPERTY TAXES
Parcel Number
22-5270-1048-037-0
Land Assessment
$311,840
Improvements Assessment
$424,080
Total Assessment
$735,920
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