Freestanding Building on 1.6
For Sale
$4,500,000
12155 Houze Road, Alpharetta, GA 30004
Freestanding building in Roswell, GA, leased to Dollar Tree.
Property Size10,098 SF
Lot Size1.60 Acres
Price / SF$445.63
Days on Market204
Property Features for 12155 Houze Road
General Information
Standard status
Active
Size
10,098 SF
Lot size
1.60 Acres
Property subtype
Retail
Building Details
Building Size
10,098 SF
Year Built
2002
Stories
1
Properties For Sale
at 12155 Houze Road
Available Space
Not For Lease
Size
10,098 SF
*IN ESCROW* FOR SALE SALE PRICE: $4,500,000 SALE PRICE/SQFT: $445.63 Please verify all information herein as Broker does not warrant its accuracy.
Contact us
Listing Agency:
Los Angeles
Listed By:
Greg Johnson, SIOR · License #CA #00620927
(213) 270-2243
Source:
Daumcommercial
Added: Apr 3
Changed: Oct 21
Last Checked: Oct 20 at 5:06PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Los Angeles
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property is a freestanding building situated on a ±1.6 acre parcel. It is located at the signalized intersection of Houze Rd and Rucker Rd in Roswell, GA, which is part of the Atlanta Metropolitan Statistical Area. The property is master leased to Walgreens and subleased to Dollar Tree for the balance of the lease term, which extends through August 28, 2027. The building has a size of 10098 square feet.
Key Highlights
- Freestanding building on a ±1.6 acre parcel.
- Located at a signalized intersection (Houze Rd and Rucker Rd) in Roswell, GA.
- Located in the Atlanta MSA.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$162,279
Cap Rate
3.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,245,580
$3.2M
Cap Rate 7%
$2,318,271
$2.3M
Cap Rate 9%
$1,803,100
$1.8M
Market Conditions
NOI Build-Up for 10,098 SF
Gross rent
$232.7K $23.04/SF
− Vacancy
−$16.3K −$1.61/SF
EGI
$216.4K $21.43/SF
− OpEx
−$54.1K −$5.36/SF
NOI
$162.3K $16.07/SF
Area
Fulton County, GA
Vacancy
7.00%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,245,580
Cap Rate 7%
$2,318,271
Cap Rate 9%
$1,803,100
Alternative Uses
Best Use
Specialty Retail
$2.32M
$2.03M – $2.70M
NOI $162,279 @ 7.0% cap · market cap 3.61%
Second Best
Retail
$1.85M
$1.62M – $2.16M
NOI $129,610 @ 7.0% cap · market cap 2.88%
Theoretical Best
Office A
$2.82M
$2.47M – $3.29M
NOI $197,594 @ 7.0% cap · market cap 4.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
530
Businesses Nearby
140k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 38%
Shops & Services 25%
Groceries 25%
Home Improvements & Furnishings 7%
Publix
Groceries
34,523 visits/mo
0.2 miles
McDonald's
Dining
19,220 visits/mo
0.4 miles
Dollar Tree
Shops & Services
10,458 visits/mo
0.1 miles
Starbucks
Dining
9,088 visits/mo
0.4 miles
Circle K
Shops & Services
8,437 visits/mo
0.2 miles
Demographics for 30004, GA
68,607
Population
25,485
Households
2.7
Avg Household Size
37
Median Age
72%
College-Educated
95%
High-School Grad
57.9 sq mi
ZIP Area
1,185
Density / Sq Mi
$147,996
Median Household Income
$82,818
Median Earnings
$1,839
Median Rent
$583,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Freestanding building in Roswell, GA, leased to Dollar Tree.
Where is this grocery and convenience store located?
The property is located at 12155 Houze Road Alpharetta, GA.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Freestanding building on a ±1.6 acre parcel.; Located at a signalized intersection (Houze Rd and Rucker Rd) in Roswell, GA.; Located in the Atlanta MSA.
