Overview
This exceptional retail property, located at 3655 Old Milton Parkway in Alpharetta, Georgia, presents a unique investment opportunity. Boasting a prime corner location at the intersection of Old Milton Parkway and Brookside Parkway, this 9,078 square foot building sits on a spacious 1.53-acre lot. Its strategic placement within one mile of Avalon, a renowned shopping center with the highest sales per square foot in the Southeast, ensures high visibility and significant foot traffic. The property benefits from its position in Alpharetta, a thriving tech hub in Georgia, surrounded by affluent residential areas with homes valued up to $900,000. With over 52,000 vehicles traversing Old Milton Parkway daily, and proximity to GA-400 (within a half-mile and one mile east respectively), this location offers unparalleled accessibility. The current tenant operates a fully equipped restaurant featuring a full bar, private dining rooms, a game room, a private patio, an upstairs bar, two ten-foot hoods, walk-in coolers, a commercial kitchen, all bar equipment, grease traps, and all furniture, fixtures, and equipment. A lease option is available for qualified buyers, making this a versatile and attractive proposition for investors seeking a high-return asset in a prime location. The area boasts a substantial daytime population, with up to 250,000 workers and 50,000 drivers, creating a robust customer base. This property is situated on the "drive home" side of the road, maximizing exposure to potential customers. The asking price is $3,495,000.
