3050 Mansell Rd
9,750 SF 28% Leased Retail Building Alpharetta, GA 30022 $2,500,000 ($256/SF) 7% Cap Rate
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EXECUTIVE SUMMARY
A portion of the property is leased out to a restaurant which has been there for many years and would like to continue operating. the remaining portion of the building is vacant. If there's a potential tenant in that case the owner/seller is willing to lease that vacant portion
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
9,750 SF
Building Class
C
Year Built
1998
Price
$2,500,000
Price Per SF
$256
Cap Rate
7%
NOI
$175,000
Percent Leased
28%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
0.95 AC
Zoning
C3 - Retail Trade
Parking
50 Spaces (5.13 Spaces per 1,000 SF Leased)
Frontage
294 FT on Mansell Rd
AMENITIES
- Bus Line
- Pylon Sign
NEARBY MAJOR RETAILERS
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PROPERTY TAXES
Parcel Number | 12-2620-0685-034-2 | Improvements Assessment | $346,280 |
Land Assessment | $281,120 | Total Assessment | $627,400 |