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32920525
32920524

92 Milton Avenue, Alpharetta, GA 30004

JL
GA GA 252904
Marcus & Millichap - Atlanta
Listed by Marcus & Millichap - Atlanta
$3,250,000
12 days on market
Updated 12 days ago

92 Milton Avenue

Details
Property Type Mixed Use
Sub Type Parking Facility, Retail (+1)
Square Footage 4,700
Cap Rate 5.50%
NOI $180,444
Tenancy Multi
Class A
Year Built 2019
Acreage 0.903
Investment Type Stabilized
Ownership Condominium

Mixed Use | 5.50% CAP | 4,700 SqFt

Marketing description

92 Milton Avenue is a Class 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 is comprised of two commercial units governed by a professionally managed owners' association. Ownership interests, expenses, and voting rights are allocated by square footage, with the parking unit representing the majority interest and control. Uses are restricted to non-residential, Class A commercial and civic uses, preserving long-term asset quality.

The property benefits from strong downtown fundamentals, walkability, and continued public and private investment, making it a stable, well-structured commercial asset within one of Metro Atlanta's most desirable submarkets.

Investment highlights

  • Institutional-Quality Mixed-Use Asset - Class A commercial condominium featuring a multi-story structured parking facility with integrated retail and civic space, developed in 2019 and located in the heart of Downtown Alpharetta.
  • Clear Governance & Control Structure - Two-unit condominium with ownership interests, expenses, and voting rights allocated by square footage, providing transparent operations and professionally managed association oversight.
  • Prime Downtown Alpharetta Location - Walkable, high-demand setting supported by strong demographics, sustained public and private investment, and long-term parking and retail demand drivers.

Listing Contacts

JL
GA GA 252904
Marcus & Millichap - Atlanta
Listed by Marcus & Millichap - Atlanta

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$180,444.00
$15,037.00/mo

Valuation Metrics

0
DSCR
5.55%
Cap Rate
5.55%
ROI

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Additional Information

Name
John Leonard
License
252904
Title
Broker of Record
Name
John Leonard
License
GA 252904
Brokerage
Marcus & Millichap
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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