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4000 N Point Pky
Alpharetta, GA 30022
Northpoint Day Centre · Retail Property For Sale
Investment Highlights
- High end neighborhood retail center in an affluent suburb of Atlanta
- Retail is 1001% occupied with rent growth opportunity
- Excellent Visibility - Located at signalized intersection on a high-traffic road.
- Strong internet resistant tenant lineup
- 11,520 SF vacant climatize self storage in the basement with seperate entrance that a vehicle can drive in
- Average household incomes exceeding $241,000 over the next five years.
Executive Summary
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.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
24,000 SF
Building Class
C
Year Built
2003
Price
$8,201,548 CAD
Price Per SF
$341.73 CAD
Cap Rate
6%
NOI
$492,093 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.17
Lot Size
3.24 AC
Zoning
OI - Office Institutional
Parking
66 Spaces (2.75 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
Property Taxes
| Parcel Number | 12-3110-0911-021-0 | Improvements Assessment | $541,909 CAD |
| Land Assessment | $1,275,536 CAD | Total Assessment | $1,817,445 CAD |
Property Taxes
Parcel Number
12-3110-0911-021-0
Land Assessment
$1,275,536 CAD
Improvements Assessment
$541,909 CAD
Total Assessment
$1,817,445 CAD
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