Freestanding Building on 1.6
12155 Houze Road Alpharetta, GA 30004
12155 Houze Road, Alpharetta, GA, 30004
$4,500,000
For Sale
$4,500,000
Freestanding building in Roswell, GA, leased to Dollar Tree.
Property Size10,098 SF
Lot Size1.60 Acres
Price / SF$445.63
Days on Market111
Property Features for 12155 Houze Road
General Information
- Standard status
- Active
- Size
- 10,098 SF
- Lot size
- 1.60 Acres
- Property subtype
- Retail
Properties For Sale
at 12155 Houze Road Contact us
Listing agency
DAUM Commercial Real Estate Services Los Angeles
(213) 270-2243
Listed by
Greg Johnson · License #CA 00620927
(213) 270-2243
Source
Daumcommercial
Added: Apr 3 Updated: Jul 10 at 1:16PM Checked: Jul 21 at 3:00AM
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 DAUM Commercial Real Estate Services Los Angeles
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.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $232.7k | $23.04 |
| − Vacancy | −$16.3k | −$1.61 |
| EGI | $216.4k | $21.43 |
| − OpEx | −$54.1k | −$5.36 |
| NOI | $162.3k | $16.07 |
10,098 SF · lease $23.04/SF/yr · vacancy 7.00% · expense 25.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Elizabeth Rogers, RPh
Pharmacy
Flora Razazi, PHD
Pharmacy
Shabnam Feizi
Pharmacy
Dollar Tree
Grocery & Convenience Store
BB&T ATM
Atm
Similar For Sale Nearby
FAQs
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.
