945 N Point Dr
Alpharetta, GA 30022
North Point Commons · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Sale Leaseback opportunity on a corporate lease
- Surrounded by dozens of national tenants
- Unmatched Demographics and Traffic Count
EXECUTIVE SUMMARY
Atlantic Capital Partners has been engaged to arrange for the sale leaseback of 945 North Point Drive, Alpharetta, GA, a single- tenant asset entirely owned and operated by Staples. This unique opportunity provides future ownership with the surety of a corporately owned lease with a retailer with a lengthy tenure and strong historical sales performance. As a separate parcel within North Point Commons Shopping Center, 945 North Point Drive offers investors outstanding and stable cash flow in one of the region’s most sought-after submarkets.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Department Store
Building Size
23,910 SF
Building Class
C
Year Built
1999
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
2.05 AC
Zoning
C3, County - commercial
Parking
723 Spaces (30.24 Spaces per 1,000 SF Leased)
Frontage
592 FT on North Point Pky
AMENITIES
- Bus Line
- Signage
PROPERTY TAXES
Parcel Number | 12-2860-0797-028-8 | Improvements Assessment | $999,040 |
Land Assessment | $553,640 | Total Assessment | $1,552,680 |