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92 Milton Ave 4,800 SF Retail Condo Unit Offered at $3,250,000 in Alpharetta, GA 30009
Investment Highlights
- Located in the heart of Downtown Alpharetta near retail, dining, and civic destinations.
- Structured parking facility integrated with retail and civic components.
- Immediate access to GA-400 and major North Fulton employment corridors.
- Class A mixed-use commercial condominium developed in 2019.
- Professionally managed two-unit condominium ownership structure.
- Owner-user opportunity available alongside existing rental income.
Executive Summary
92 Milton Avenue is a mixed-use commercial condominium located in Downtown Alpharetta, Georgia. Developed in 2019, the property consists of a multi-story structured parking facility with integrated retail and civic space situated on approximately 0.90 acres. The condominium contains two commercial units governed by an owners' association with ownership interests, expenses, and voting rights allocated by square footage. The property is located within Downtown Alpharetta with access to GA-400 and the greater Atlanta metropolitan area. Existing tenants identified in the rent roll include Treasures & Formals and Mr. White. An owner-user option is noted in the offering materials.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | Cap Rate | 5.50% |
| Sale Type | Investment or Owner User |
| Cap Rate | 5.50% |
Description
92 Milton Avenue presents the opportunity to acquire a Class A mixed-use commercial condominium in the heart of Downtown Alpharetta, one of Metro Atlanta’s most established and highly sought-after commercial districts. Developed in 2019, the asset consists of a multi-story structured parking facility with integrated retail and civic space within a professionally managed condominium regime. The property is governed by a two-unit ownership structure with ownership interests, expenses, and voting rights allocated by square footage, providing a defined governance framework and operational transparency.
The asset benefits from an established income stream generated by existing commercial occupants and offers an owner-user component, creating flexibility for investors and businesses seeking a presence in Downtown Alpharetta. The property's location places it within walking distance of the city's retail, dining, entertainment, and civic amenities while benefiting from continued public and private investment throughout the downtown district.
Alpharetta is recognized as a major employment and business hub within North Fulton County, supported by immediate access to GA-400 and connectivity to the greater Atlanta metropolitan area. The market is anchored by technology, finance, healthcare, and professional services employers and continues to attract businesses and residents due to its strong economic fundamentals, educated workforce, and quality-of-life amenities. Combined with the property's institutional-quality construction, established tenancy, and strategic downtown positioning, 92 Milton Avenue offers a well-located commercial asset within a mature and highly desirable submarket.
The asset benefits from an established income stream generated by existing commercial occupants and offers an owner-user component, creating flexibility for investors and businesses seeking a presence in Downtown Alpharetta. The property's location places it within walking distance of the city's retail, dining, entertainment, and civic amenities while benefiting from continued public and private investment throughout the downtown district.
Alpharetta is recognized as a major employment and business hub within North Fulton County, supported by immediate access to GA-400 and connectivity to the greater Atlanta metropolitan area. The market is anchored by technology, finance, healthcare, and professional services employers and continues to attract businesses and residents due to its strong economic fundamentals, educated workforce, and quality-of-life amenities. Combined with the property's institutional-quality construction, established tenancy, and strategic downtown positioning, 92 Milton Avenue offers a well-located commercial asset within a mature and highly desirable submarket.
Sale Notes
Prime investment opportunity, this NNN leased property is located in the heart of downtown Alpharetta GA.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit Retail | 4,800 SF | Retail | $3,250,000 ($677.08/SF) | $178,750 |
Unit Retail
| Unit Size |
| 4,800 SF |
| Condo Use |
| Retail |
| Price |
| $3,250,000 ($677.08/SF) |
| NOI |
| $178,750 |
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Unit Retail
| Unit Size | 4,800 SF |
| Condo Use | Retail |
| Price | $3,250,000 ($677.08/SF) |
| NOI | $178,750 |
| Sale Type | Investment or Owner User |
| Cap Rate | 5.50% |
| Description | |
| 92 Milton Avenue presents the opportunity to acquire a Class A mixed-use commercial condominium in the heart of Downtown Alpharetta, one of Metro Atlanta’s most established and highly sought-after commercial districts. Developed in 2019, the asset consists of a multi-story structured parking facility with integrated retail and civic space within a professionally managed condominium regime. The property is governed by a two-unit ownership structure with ownership interests, expenses, and voting rights allocated by square footage, providing a defined governance framework and operational transparency.<br> <br> The asset benefits from an established income stream generated by existing commercial occupants and offers an owner-user component, creating flexibility for investors and businesses seeking a presence in Downtown Alpharetta. The property's location places it within walking distance of the city's retail, dining, entertainment, and civic amenities while benefiting from continued public and private investment throughout the downtown district.<br> <br> Alpharetta is recognized as a major employment and business hub within North Fulton County, supported by immediate access to GA-400 and connectivity to the greater Atlanta metropolitan area. The market is anchored by technology, finance, healthcare, and professional services employers and continues to attract businesses and residents due to its strong economic fundamentals, educated workforce, and quality-of-life amenities. Combined with the property's institutional-quality construction, established tenancy, and strategic downtown positioning, 92 Milton Avenue offers a well-located commercial asset within a mature and highly desirable submarket.</li></ul> | |
| Sale Notes | |
| Prime investment opportunity, this NNN leased property is located in the heart of downtown Alpharetta GA.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 4,800 SF | Typical Floor Size | 4,800 SF |
| Property Type | Retail (Condo) | Year Built | 2019 |
| Building Class | B | Lot Size | 0.19 AC |
| Floors | 1 | ||
| Zoning | C-2 - Commercial | ||
| Total Building Size | 4,800 SF |
| Property Type | Retail (Condo) |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 4,800 SF |
| Year Built | 2019 |
| Lot Size | 0.19 AC |
| Zoning | C-2 - Commercial |
Moderately walkable
70/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
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Contact the Sale Advisor
92 Milton Ave