Miller's Ale House | 10750 Davis Dr
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Miller's Ale House 10750 Davis Dr
6,500 SF Retail Building Alpharetta, GA 30009 $2,650,000 ($408/SF) 8.78% Cap Rate
Investment Highlights
- Triple Net Ground Lease | With 2 Years Remaining
- No Landlord Responsibilities
- Adjacent to 85-Unit New Construction Luxury Ivey Brooke Townhomes
- 2% Annual Rental Increases in Base Term and in Each of Four, 5-Year Renewal Options
- Outparcel to Sam's Club and Main Event Entertainment Center
- Proximity to Nationally Recognized Tenants, Including: Walmart, Lowe's, Topgolf, REI, Wendy's, Spring Hill Suites, Homewood Suites, Chili's, and More
Executive Summary
2004 Build-to-Suit for Miller's Ale House | 6,500-SF Building on +/-1.66 Acre Parcel
Property Facts
Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,500 SF
Building Class
C
Year Built
2004
Price
$2,650,000
Price Per SF
$408
Cap Rate
8.78%
NOI
$232,723
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.66 AC
Zoning
LI - Retail
Parking
80 Spaces (12.31 Spaces per 1,000 SF Leased)
Frontage
380 FT on Davis Dr
Amenities
- Bus Line
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Outparcel to Sam’s Club and Main Event Entertainment Center
| Space | Size | Space Use | Position | Available |
| 1st Floor | 6,500 SF | Restaurant | Outparcel | 30 Days |
1st Floor
| Size |
| 6,500 SF |
| Space Use |
| Restaurant |
| Position |
| Outparcel |
| Available |
| 30 Days |
1st Floor
| Size | 6,500 SF |
| Space Use | Restaurant |
| Position | Outparcel |
| Available | 30 Days |
Outparcel to Sam’s Club and Main Event Entertainment Center
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 12-2380-0607-048-7 | Improvements Assessment | $304,920 |
| Land Assessment | $298,800 | Total Assessment | $603,720 |
PROPERTY TAXES
Parcel Number
12-2380-0607-048-7
Land Assessment
$298,800
Improvements Assessment
$304,920
Total Assessment
$603,720
Contacts
-
Darpan Patel -
Frank Simcic -
Dan Yozwiak -
Sam Elyassaki -
Peter Sibicky -
Marcus & Millichap
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Miller's Ale House | 10750 Davis Dr
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