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32644106
32644114

4000 North Point Parkway, Alpharetta, GA 30022

EK
GA 299687
Skyline Seven Real Estate
CM
GA 362708
Skyline Seven Real Estate
Listed by Skyline Seven Real Estate
$5,965,500
29 days on market
Updated 11 days ago

Northpoint Day Centre

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant (+1)
Square Footage 24,000
Cap Rate 6%
NOI $357,930
Occupancy 100%
Tenancy Multi
Lease Type NNN
Year Built 2003
Acreage 3.240
Zoning OI
Parking Spaces spaces
Investment Type Value Add
Ground Lease No
Sale Condition N/A

100% Occupied | 24,000 SF

Marketing description

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.

Investment highlights

  • High end neighborhood retail center in an affluent suburb of Atlanta
  • Strong internet resistant tenant lineup
  • Retail is 100% occupied with rent growth opportunity
  • 11,520 SF vacant climatize self storage in the basement with separate entrance that a vehicle can drive in
  • Excellent Visibility - Located at signalized intersection on a high-traffic road.
  • Average household incomes exceeding $241,000 over the next five years.
  • Access along Old Milton Parkway as well as North Point Parkway, both major thoroughfare
  • Just down the street from the Avalon an 86-acre, $1 billion "urban-suburban" mixed-use development
  • 5‑mile trade area is projected to include approximately 206,830 residents

Listing Contacts

EK
GA 299687
Skyline Seven Real Estate
CM
GA 362708
Skyline Seven Real Estate
Listed by Skyline Seven Real Estate

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$357,930.00
$29,827.50/mo

Valuation Metrics

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DSCR
6%
Cap Rate
6%
ROI

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