Mixed-Use Building with
For Sale
$10,000,000
5000 McGinnis Ferry Rd, Alpharetta, GA 30005
The property combines office, event, and fine dining areas within one commercial building.
Property Size21,000 SF
Price / SF$476.19
Days on Market47
Property Features for 5000 McGinnis Ferry Rd
General Information
Standard status
Active
Size
21,000 SF
Zoning
industrial/Commercial
Additional Details
Road Access
Yes
Building Details
Year Built
1985
Buildings
1
Building Size
21,000 SF
Listing Agency:
Homesmart Realty Partners
Listed By:
Anhad Chawla · License #443303
(678) 999-6311
Source:
Brockteam
Added: Sep 2
Changed: Oct 7
Last Checked: Oct 7 at 3:51PM
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 Homesmart Realty Partners
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Investment Insights
Based on property information with market context.
Built in 1985, this mixed-use commercial property contains approximately 21,000 square feet across office, event, and fine dining restaurant areas. The building sits on an almost 3-acre corner parcel, with substantial outdoor space that may support additional activities or future redevelopment planning.
The property occupies the corner of McGinnis Ferry Road and Old Alpharetta Road in the Windward business community, approximately five minutes from Halcyon. It is described as industrial/commercial zoning and offers a multi-purpose configuration within a single commercial asset.
The property occupies the corner of McGinnis Ferry Road and Old Alpharetta Road in the Windward business community, approximately five minutes from Halcyon. It is described as industrial/commercial zoning and offers a multi-purpose configuration within a single commercial asset.
Key Highlights
- Approximately 21,000 square feet of building area
- Almost 3‑acre corner lot
- Includes office, event space, and fine dining restaurant areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$337,478
Cap Rate
3.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,749,560
$6.7M
Cap Rate 7%
$4,821,114
$4.8M
Cap Rate 9%
$3,749,756
$3.7M
Market Conditions
NOI Build-Up for 21,000 SF
Gross rent
$483.8K $23.04/SF
− Vacancy
−$33.9K −$1.61/SF
EGI
$450.0K $21.43/SF
− OpEx
−$112.5K −$5.36/SF
NOI
$337.5K $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%
$6,749,560
Cap Rate 7%
$4,821,114
Cap Rate 9%
$3,749,756
Alternative Uses
Best Use
Specialty Retail
$4.82M
$4.22M – $5.62M
NOI $337,478 @ 7.0% cap · market cap 3.37%
Second Best
Office B
$4.02M
$3.52M – $4.69M
NOI $281,212 @ 7.0% cap · market cap 2.81%
Theoretical Best
Office A
$5.87M
$5.14M – $6.85M
NOI $410,921 @ 7.0% cap · market cap 4.11%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
639
Businesses Nearby
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Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The property combines office, event, and fine dining areas within one commercial building.
Where is this mixed-use property located?
The property is located at 5000 McGinnis Ferry Rd Alpharetta, GA.
What is the asking price?
The asking price for this property is $10,000,000.
What are key features of this property?
This property features: Approximately 21,000 square feet of building area; Almost 3‑acre corner lot; Includes office, event space, and fine dining restaurant areas
