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3050 Mansell Rd

9,750 SF 28% Leased Retail Building Alpharetta, GA 30022 £1,975,025 (£203/SF) 7% Net Initial Yield

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

Attachments

CBC - Offering Memorandum (L)

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Development Sale
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,750 SF
Building Class
C
Year Built
1998
Price
£1,975,025
Price Per SF
£203
Net Initial Yield
7%
NOI
£138,252
Percent Leased
28%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.24
Land Acres
0.95 AC
Zoning
C3
Parking
50 Spaces (5.13 Spaces per 1,000 SF Leased)
Frontage
294 ft on Mansell Rd

Amenities

  • Bus Route
  • Pylon Sign
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Nearby Major Retailers

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

PROPERTY TAXES

Parcel Number 12-2620-0685-034-2 Improvements Assessment £273,565
Land Assessment £222,088 Total Assessment £495,652

PROPERTY TAXES

Parcel Number
12-2620-0685-034-2
Land Assessment
£222,088
Improvements Assessment
£273,565
Total Assessment
£495,652
(678) 852-8384

  • Listing ID: 32792484

  • Date on Market: 14/08/2024

  • Last Updated:

  • Address: 3050 Mansell Rd, Alpharetta, GA 30022

The Retail Property at 3050 Mansell Rd, Alpharetta, GA 30022 is currently available For Sale. Contact Coldwell Banker Realty for more information.

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© 2024 CoStar Group

3050 Mansell Rd
(678) 852-8384 x

3050 Mansell Rd

Dimple Chandhok

(678) 852-8384

(678) 852-8384

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