10645 State Bridge Rd
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10645 State Bridge Rd
3,425 SF Retail Building Alpharetta, GA 30022 $2,509,000 ($733/SF) 5.50% Cap Rate
Investment Highlights
- Absolute Triple-Net (NNN) Lease with 14 Years Remaining
- 207,090 Residents within a 5-Mile Radius
- Property Qualifies for 60% Year One Bonus Depreciation or 15-Year Accelerated Depreciation per IRS 1250 Property Designation
- 10% Rental Increases Every 5 Years
- Hard Corner Location Visibility at the intersection of State Bridge Road and Morton Road [ 33,664 Cars Per Day ]
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
3,425 SF
Building Class
B
Year Built
2003
Price
$2,509,000
Price Per SF
$733
Cap Rate
5.50%
NOI
$138,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.28 AC
Zoning
C1C - Commercial
Parking
15 Spaces (4.38 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Freeway Visibility
- Signage
- Signalized Intersection
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 11-0480-0187-039-9 | Improvements Assessment | $213,720 |
| Land Assessment | $352,760 | Total Assessment | $566,480 |
PROPERTY TAXES
Parcel Number
11-0480-0187-039-9
Land Assessment
$352,760
Improvements Assessment
$213,720
Total Assessment
$566,480
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10645 State Bridge Rd
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