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Northpoint Day Centre 4000 N Point Pky 24,000 SF 100% Leased Retail Building Alpharetta, GA 30022 $5,965,500 ($248.56/SF) 6% Cap Rate
Investment Highlights
- High end neighborhood retail center in an affluent suburb of Atlanta
- Retail is 1001% occupied with rent growth opportunity
- Excellent Visibility - Located at signalized intersection on a high-traffic road.
- Strong internet resistant tenant lineup
- 11,520 SF vacant climatize self storage in the basement with seperate entrance that a vehicle can drive in
- Average household incomes exceeding $241,000 over the next five years.
Executive Summary
Northpoint Day Centre offers a high-caliber retail investment opportunity in the heart of Alpharetta, GA one of Metro Atlanta’s most affluent and rapidly growing submarkets. This ±24,000 SF center is strategically positioned at a signalized, high-traffic intersection, ensuring maximum visibility and accessibility. The property is anchored by a strong mix of regional tenants, providing stable income and long-term leasing potential. The property also includes upside potential with the storage facility located in the basement of the building. Located just minutes from premier destinations such as Avalon and North Point Mall, and surrounded by high-income residential communities and Class A office space, Northpoint Day Centre is ideally situated to benefit from sustained tenant demand, foot traffic from big creek greenway and strong market fundamentals.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
24,000 SF
Building Class
C
Year Built
2003
Price
$5,965,500
Price Per SF
$248.56
Cap Rate
6%
NOI
$357,930
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.17
Lot Size
3.24 AC
Zoning
OI - Office Institutional
Parking
66 Spaces (2.75 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
- -
- -
-
Lorem Ipsum
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Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Accommodation and Food Services | - | - | Lorem Ipsum | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Self storage units which can be leased as a whole
| Space | Size | Space Use | Position | Available |
| Lower Level | 1,000-13,000 SF | Industrial | - | 30 Days |
Lower Level
| Size |
| 1,000-13,000 SF |
| Space Use |
| Industrial |
| Position |
| - |
| Available |
| 30 Days |
Lower Level
| Size | 1,000-13,000 SF |
| Space Use | Industrial |
| Position | - |
| Available | 30 Days |
Self storage units which can be leased as a whole
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 12-3110-0911-021-0 | Improvements Assessment | $394,480 |
| Land Assessment | $928,520 | Total Assessment | $1,323,000 |
Property Taxes
Parcel Number
12-3110-0911-021-0
Land Assessment
$928,520
Improvements Assessment
$394,480
Total Assessment
$1,323,000
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Northpoint Day Centre | 4000 N Point Pky
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