4585 Ashford Dunwoody Rd NE
Atlanta, GA 30346
Sterling Pointe Retail · Retail Property For Sale

Franklin Street is pleased to present Sterling Point located in Atlanta, Georgia. The property is located adjacent to Perimeter Mall where some of the strongest demos are in all the Atlanta MSA. Perimeter Mall is one of the premier malls in the Southeast with over 1.5M SF, anchored by Dillard’s, Macy’s, Nordstrom, and Von Maur. Sterling Pointe is leased to a strong mix of national tenants including: Corner Bakery, Sleep Number, and My Eyelab. It offers an investor a low maintenance asset where each of the three leases reimburse fully for CAM, taxes, insurance, management, as well as admin fees. The Perimeter submarket is the largest office submarket in all of Atlanta with over 29M SF. Many major companies have their headquarters in this submarket including: State Farm, Mercedes, Cox Enterprises, Haverty’s, Inspire Brands, Roark Capital, Autotrader, Newell Rubermaid, among many others. Because of the strength of the office market, many retailers have their strongest performing Georgia units in the Perimeter market. The property comes with a 10 year tax abatement that benefits the property owners investment returns as well, see page 22 for details.