3050 Mansell Rd

9,750 SF 28% Leased Retail Building Alpharetta, GA 30022 $2,500,000 ($256/SF) 7% Cap Rate

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
Freestanding
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

Waffle House
Ameris Bank
Jenny Craig
Regions Bank
Outback Steakhouse
Truist
The Cheesecake Factory
Starbucks
Five Guys
Jazzercise Alpharetta

PROPERTY TAXES

  • Listing ID: 32792484

  • Date on Market: 8/14/2024

  • Last Updated:

  • Address: 3050 Mansell Rd, Alpharetta, GA 30022