2600 Old Milton Pky
Alpharetta, GA 30009
SunTrust Bank | 13yr Corp Abs NNN | DriveThru · Retail Property For Sale

The SunTrust Bank property is strategically located at the signalized, hard corner intersection of Old Milton Pkwy and Westside Parkway with a combined 45,200 vehicles passing by daily. Old Milton Pkwy is a major east/west thoroughfare connecting GA-400 to the extremely affluent communities of Alpharetta and Johns Creek. The subject site is located in one of the most high profile areas in the Southeast, within the newly built Liberty Village and directly between Avalon and Downtown Alpharetta. Boasting luxury shopping, hotels, entertainment venues, world-class dining and more, Avalon serves as one of the region’s dominant consumer draws characterized by tenants like Whole Foods, Pottery Barn, Regal Cinemas, William-Sonoma, Tesla, Crate & Barrel, Apple, West Elm, Athleta, Madewell, J.Crew, Tumi, Banana republic, Urban Outfitter, Brooks Bros. and more. Additionally, the asset is 2 miles north of North Point Mall (1.32M SF) anchored by Macy’s, Dilliards, and JCPenney, further increasing consumer draw to the trade area. Alpharetta is home to one of the most affluent population in the entire country. The community and trade area surrounding the SunTrust Bank constitutes one of Atlanta’s most prosperous and fastest-growing submarkets with an average household income of $128,000, over 194,770 people within a 5-mile radius and a projected annual growth of 2.40% through 2023. Additionally, the median home value within 10 miles exceeds $330,000 which is superior to the national average by 75%.