Log In/Sign Up
Your email has been sent.
Lazy Dog 10800 Haynes Bridge Rd 8,400 SF Retail Building Alpharetta, GA 30022 $9,480,373 CAD ($1,128.62 CAD/SF) 6.85% Cap Rate
Investment Highlights
- 20-year base term lease featuring 10% rental increases every 5 years
- Signalized hard corner location at heavily trafficked intersection – 53,000+ VPD
- Sprawling Atlanta suburb with numerous commercial and residential projects in development
- Corporate guaranty from tenant’s parent company – Lazy Dog Restaurants, LLC
- Exposed to 7.5 million annual visitors of North Point Marketplace and North Point Mall
- Dense residential submarket – 206,0000 residents within a 5-mile radius of the subject property
Executive Summary
A 20-year absolute net Lazy Dog lease featuring 10% rental increases every 5 years and four, 5-year extension options. The subject property is located at the signalized hard corner intersection of Haynes Bridge Road and North Point Parkway, a major retail thoroughfare along which two of the most visited shopping centers in Georgia are situated – North Point Marketplace (4.1M annual visits) & North Point Mall (3.4M annual visits).
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
8,400 SF
Building Class
C
Year Built
1995
Price
$9,480,373 CAD
Price Per SF
$1,128.62 CAD
Cap Rate
6.85%
NOI
$649,434 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.37
Lot Size
0.52 AC
Zoning
OI
Frontage
241’ on Haynes Bridge Rd
Amenities
- Bus Line
- Signage
Nearby Major Retailers
Property Taxes
| Parcel Number | 12-2730-0755-045-0 | Improvements Assessment | $1,404,583 CAD |
| Land Assessment | $420,177 CAD | Total Assessment | $1,824,760 CAD |
Property Taxes
Parcel Number
12-2730-0755-045-0
Land Assessment
$420,177 CAD
Improvements Assessment
$1,404,583 CAD
Total Assessment
$1,824,760 CAD
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Lazy Dog | 10800 Haynes Bridge Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.