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Newly Renovated Bank Building
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4195 OLD MILTON PKWY, Alpharetta, GA 30005

Newly renovated PNC Bank on a corner, lighted intersection with strong retail adjacency in a suburban Atlanta trade area.

Property Size4,009 SF
Price / SF$1,542
Days on Market59

Property Features for 4195 OLD MILTON PKWY

General Information

Standard status Active
Size 4,009 SF
Property subtype Retail

Building Details

Year Built 1999
Listing Agency: Franklin Street Atlanta
Listed By: Bryan Belk
Source: Crexi
Added: Jun 8 Changed: Jul 10 Last Checked: Aug 4 at 8:23AM

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 Franklin Street Atlanta

Investment Insights

Based on property information with market context.

This newly renovated PNC Bank property is being offered as a fee simple interest and is under a new 15-year lease. The asset is located on a corner parcel at a lighted intersection, with a commercial bank configuration suited to a single-tenant, institutional use.

The property sits in Alpharetta, a northern suburb in the Atlanta MSA, and is positioned in front of a Publix-anchored center. The remarks indicate Publix attracts approximately 1 million annual visitors and $42M in annual sales to the site, per Placer.AI. Access is described as being off Old Milton Parkway, characterized in the remarks as a major east-west connector to GA Hwy 400. Just west of the site is Avalon, a mixed-use development anchored by Whole Foods, AMC, Apple, Arhaus, Crate & Barrel, West Elm, The Container Store, Pottery Barn, and multiple restaurants.

For investors or owner-operators considering bank-leased assets, the property’s single-tenant structure and newly executed long-term lease provide a straightforward operational profile. The location is also described as an established banking corridor with nearby banks including Wells Fargo, Chase, Truist, and Fifth Third coming soon, in close proximity to serve the surrounding affluent customer base.

Key Highlights

  • 1999‑built, newly renovated PNC Bank with a 15‑year lease commencing in the fall
  • Corner parcel on a lighted intersection with strong retail adjacency in a suburban Atlanta trade area
  • Situated in front of a Publix‑anchored center with Placer.AI‑reported 1M annual visitors and $42M annual sales

Property Analytics

Current Use

First Citizens Bank Bank 3 Zero Designs Marketing & Advertising

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Real Estate Agency Auto Repair Shop Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

876
Businesses Nearby
60k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 74% Shops & Services 26%
Andy's Frozen Custard Dining
13,287 visits/mo 0.4 miles
Dunkin' Donuts Dining
11,490 visits/mo 0.5 miles
Chipotle Mexican Grill Dining
9,913 visits/mo 0.1 miles
Chevron Shops & Services
7,240 visits/mo 0.1 miles
Jersey Mike's Subs Dining
3,546 visits/mo 0.3 miles

Demographics for 30005, GA

39,308
Population
14,879
Households
2.6
Avg Household Size
38
Median Age
76%
College-Educated
99%
High-School Grad
15.8 sq mi
ZIP Area
2,488
Density / Sq Mi
$170,951
Median Household Income
$82,686
Median Earnings
$1,929
Median Rent
$587,400
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Bank - Newly renovated PNC Bank on a corner, lighted intersection with strong retail adjacency in a suburban Atlanta trade area.
Where is this bank located?
The property is located at 4195 OLD MILTON PKWY Alpharetta, GA.
What is the asking price?
The asking price for this property is $6,185,000.
What are key features of this property?
This property features: 1999‑built, newly renovated PNC Bank with a 15‑year lease commencing in the fall; Corner parcel on a lighted intersection with strong retail adjacency in a suburban Atlanta trade area; Situated in front of a Publix‑anchored center with Placer.AI‑reported 1M annual visitors and $42M annual sales
More about this property
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