7955 North Point Pky

7955 North Point Pky , Alpharetta, Georgia, 30022 | 10,600 sq.f | $ 3,950,000

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About This Restaurant

Investment Highlights

Vacant restaurant building for sale with all the FF&E included with Recent renovations exceeding $500,000.? All four HVAC units? motors and compressors have been replaced in last two years.? Traffic counts totaling nearly 30,000 VPD with over 80,000 VPD passing the Mansell Road exit on GA-400 Great visibility and signage on Mansell Road as well as exiting north bound on GA 400 Nearly 200,000 people living within 5 miles. Average income within 1 mile to increase 19% over the next 5 years Adjacent to national retailers including TJ Maxx, HomeGoods, Ross, Burlington, Five Below, REI, Barnes & Noble, ULTA, Starbucks and more!

Executive Summary

Alpharetta is one of the premier suburban communities in the Atlanta MSA, boasting some of the highest incomes, top public schools, and densely populated neighborhoods in the entire city. Located approximately 20 miles north of downtown Atlanta along GA-400, Atlanta?s Hospitality Highway, the City of Alpharetta is home to some of metro Atlanta?s premier mixed-use developments, including The Avalon, Halcyon, and Alpharetta City Center. The subject site sits within the North Point Mall trade area along the Big Creek Greenway and is strategically situated next to the majority of Alpharetta?s 20 million square feet of office space, one of the leading office submarkets in all of Atlanta. With nearly 200,000 people living within 5 miles, the site?s exposure to high daytime and nighttime population counts along with its easy access to GA-400 makes it a unique opportunity for any business.

Property Details

  • Sale Type    Investment or Owner User
  • Property Type    Retail
  • Property Subtype    Restaurant
  • Building Size    10,600
  • Building Class    B
  • Year Built    1999
  • Price    3,950,000
  • Price Per SF    373
  • Percent Leased    15
  • Tenancy    Multiple
  • Building Height    1 Story
  • Building FAR    0.09
  • Land Acres    2.69 AC

Amenities

  • Bus Line
  • Corner Lot
  • Fireplace
  • Freeway Visibility
  • Restaurant
  • Security System
  • Signage
  • Accent Lighting
  • Storage Space
  • Recessed Lighting
  • Monument Signage
  • Air Conditioning

Nearby Amenities & Transportation

Retail Pappadeaux Seafood Kitchen
Retail Benihana
Retail P.F. Chang's
Retail Chili's Grill & Bar
Retail Lenny's Franchisor, LLC Support Center
Retail Jason's Deli
Retail Miller's Ale House
Retail WW
Retail Waffle House
Retail PNC Bank

Property Taxes

Parcel Number 12-2500-0637-035-3 Improvements Assessment $726,480
Land Assessment $241,120 Total Assessment $967,600
Date Created: 2024-07-16 04:13:35 Last Updated: 2024-07-16 04:13:35
Address: 7955 North Point Pky , Alpharetta, Georgia, 30022