Property History
Property Type
Property Type
Property Subtype
Marketing Description
This is an opportunity for an investor to acquire Rivermont Square shopping center located in Alpharetta,
one of Atlanta’s most affluent and desirable suburbs. The property is 100,559 SF and situated on 12.26
acres, with excellent visibility to Holcomb Bridge Road (traffic counts of 50,600 VPD). Rivermont Square
is anchored by Goodwill of North Georgia, features two outparcels, including a freestanding Starbucks
on a long-term ground lease. There is significant upside through leasing or should an investor consider
sell the outparcels individually as Starbucks ground leases routinely sell between a 5%- 5.5% CAP rate.
In addition to Goodwill of North Georgia, the shopping center has seventeen tenants and four vacancies
totaling 8,700 SF. Thompson’s Frame and Gallery is the second largest tenant with 17,529 SF and has
been at this location since 1992. While Rivermont Square offers strong cashflow with many long-term
tenants, the size of the property also provides potential for future redevelopment as the area continues
to grow and thrive.
Goodwill of North Georgia operates stores, donation centers, career centers, and variety of job training and employment services across the region. Goodwill of North Georgia has 67 stores and 56 donation centers, with over 27,000 people employed. Thompson’s Frame and Gallery is your destination for custom framing by providing incredible framing and craftsmanship to thousands of satisfied customers. Starbucks was founded in 1985 and is currently worldwide with 31,256 stores. (NASDAQ: SBUX -Market Cap: $98.57 Billion)
Investment Highlights
- Desirable neighborhood shopping center in an affluent suburb of Atlanta
- Future redevelopment opportunity for multifamily and mixed use
- Additional income from cell tower leased to AT&T
- Appealing upside potential by leasing 4 vacant suites and outparcel
- Starbucks outparcel included as well as available outparcel, an investor could split each parcel off at a lower cap rate
- Corporate guaranteed tenants - Goodwill, Starbucks, and Benjamin Moore
- Directly across from Kroger anchored center which also features other notable tenants including Anytime Fitness, Orange Theory, and Chick-fil-a
- Traffic count on Holcomb Bridge of over 50,600 vehicles per day
- Excellent visibility on Holcomb Bridge, a main retail artery in one of Atlanta most affluent suburbs
- Nearly 190,000 people living within a 5-mile radius with average household income exceeding $130,000
Public Record 1
Public Record 2
Sale Date
Sold Price
Buyer Borrower 1 Corp Indicator
Buyer Borrower 1 Name
Buyer Borrower 1 Relationship Type
Document Number
Document Type
Recording Book
Recording Page
Resale Flag
Sales Price Code
Seller 1 Corp Indicator
Transaction Type
Seller 1 Name
Sold By
Sold To
Loan History
Financial History
****** Data
Net Operating Income
Reporting Date
Tax History
Contact Information
These phone numbers and email addresses are checked against the litigator and TCPA lists. Report an error
Ownership Information
Zoning
CC CommercialSpecial CommercialCommercial Corridor
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 120 uses
View all 120 uses Last updated Jun 8, 2026 For deeper zoning details, reports are available at Zoneomics
Property Details
Contacts
Listing removed on
BY:
Elliott Kyle PRO
•••.•••.8927
•kyle@••••••••••••.com
Listing removed on
BY:
Chase Murphy
•••.•••.8925
•••rphy@••••••••••••.com
Map
Comparable Properties
Does any data look off? Help us improve Crexi by offering your feedback!
